-
Why the US Dollar could be in the process of topping out
We haven’t seen a lot of activity in markets this week, but what we have seen, is this ongoing demand for currencies into dips against the US Dollar. We wonder if this is the start to something bigger, with the US Dollar at risk for a more pronounced decline, after putting in some impressive gains […]
-
Calendar Stacked with Trade and Inflation Data
Markets have been calm over the past several days and we are waiting for that next big surge in volatility. Currencies have held up well against the US Dollar despite negative drivers, with medium term players continuing to sell the Buck into rallies. Plenty of data out on Wednesday. Audio update Technical highlights EURUSD Another […]
-
Daily FX Market Commentary
Good Morning, LMAX Close USDJPY 112.012 | EURUSD 1.12808 | AUDUSD 0.71754 | NZDUSD 0.67578 | USDCAD 1.33501 | USDCHF 1.00786 | GBPUSD 1.30487 | LMAX highs and Lows 05.00 GMT Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Highs | Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.13044 | 1.12787 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 112.166 | 111.921 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.30608 | 1.30325 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.00810 | 1.0070 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.72064 | 0.71532 […]