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  • GBPUSD and the Next Levels of Support

    Last week, the Pound squeaked out a fresh 2018 low against the US Dollar below the August low, before quickly bouncing. But with the Pound now making a clear break below 1.2660, extending the 2018 run of declines, we thought it would be important to highlight the next key levels to watch below. Audio update […]

  • Pound Extends 2018 Decline

    The week kicked off with the focus on less favourable US Dollar yield differentials in the aftermath of Friday’s less than impressive US jobs report, before the focus quickly shifted to Brexit and the free falling Pound. News of a delay to the vote on Theresa May’s deal was not well received, fuelling the latest […]

  • Struggling Pound Gets Help from USD Outflow

    If the market was looking for any more evidence of the Fed easing up with its policy normalization timeline, it got some this past Friday, with the US jobs report disappointing. Into the final weeks of the year, there has been a clear wave of renewed selling of the US Dollar. Looking ahead, all eyes […]

  • Daily FX Market Commentary

    Good Morning,   LMAX Close USDJPY 112.709 | EURUSD 1.13883 | AUDUSD 0.72008 | NZDUSD 68604 | USDCAD 1.33256 | USDCHF 0.99031 | GBPUSD 1.27309 | LMAX highs and Lows 06.00 GMT                                 Highs | Lows EURUSD               1.14428 | 1.13914 USDJPY                 112.695 | 112.24 GBPUSD               1.27561 | 1.27056 USDCHF               0.99188 | 0.98709 AUDUSD              0.72231 | … Continue reading Daily FX Market Commentary

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