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LMAX Group blog - FX industry thought leadership

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  • A Day of Profit Taking on USD Longs

    We’ve been warning about a possible reversal in the currency market, with the Dollar perhaps running a little too far and fast in recent days. It seems that with the month end flow out of the way, the market is getting back to it, with profit taking kicking in across the board. Looking ahead, Friday […]

  • BOE Decision – Need to Knows

    The Bank of England policy decision is the highlight of the day, though the central bank is widely expected to leave policy on hold. Most of the market reaction is likely to come from any new insights that can be gained from the BOE’s sentiment towards Brexit developments and the accompanying risks. Audio update Tags […]

  • Pound Trying to Turn it Around

    There are two notable developments into Thursday. One, the latest recovery in stocks has managed to hold up. And two, the Pound has found some renewed demand as optimism around a Brexit deal returns to the market. Looking ahead, the Bank of England policy decision is the main event. Audio update

  • Daily FX Market Commentary

    Good morning,   LMAX Close USDJPY 112.946 | EURUSD 1.13112 | AUDUSD 0.70726 | NZDUSD 0.65171 | USDCAD 1.31577 | USDCHF 1.00847 | GBPUSD 1.27663 |   LMAX Highs and Lows 5.00am GMT                                 High | Low EURUSD               1.13500 | 1.13131 USDJPY                 112.969 | 112.722 GBPUSD               1.28558 | 1.2767 USDCHF               1.00846 | 1.00608 AUDUSD              0.71335 … Continue reading Daily FX Market Commentary

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