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The Lag Effect
On the surface, it’s understandable that the market wouldn’t have reacted all that much from Jerome Powell’s early Thursday appearance, but we believe there were some subtleties in the Fed Chair’s words that should be carrying more influence. Audio update Tags #global
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Raab Steps Down – Pound Needs Positive Catalyst
The Pound has been rocked on news of the resignation of Brexit Secretary Dominic Raab, the front man in the negotiation process for Theresa May. This is a big blow and something will need to happen fast, to stop the bleed, perhaps something so drastic that it more than offsets and turns things the other […]
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Breakdown or Breakthrough – What’ll it be for the GBP?
We’re into Thursday and broadly speaking, what we’re looking at is a US Dollar that has come back under some pressure, and a US equities market that has been sold into the most recent recovery attempt. A lot of the focus on Thursday will be on Brexit, though we also get a healthy round of […]
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 113.61 | EURUSD 1.1312 | AUDUSD 0.72318 | NZDUSD 0.67946 | USDCAD 1.32422 | USDCHF 1.00582 | GBPUSD 1.29886 | LMAX Highs and Lows 5.00am GMT High | Low EURUSD 1.13420 | 1.13088 USDJPY 113.675 | 113.43 GBPUSD 1.30135 | 1.29793 USDCHF 1.00751 | 1.00515 AUDUSD 0.72816 | 0.72299 USDCAD … Continue reading Daily FX Market Commentary →