7th May 2019 - LMAX Group Opinions

Low volatility backdrop no friend to traders

Absence of volatility in the FX market has been a frustrating thing for many a trader, with markets just not willing to move around like they once did. The Australian Dollar is the biggest mover on the day thus far, finding some relative strength after the RBA steered clear of cutting rates, leaving policy on […]

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Tension simmers for now after Monday fallout

Sentiment has been propped back up a bit into Tuesday, with tension around the latest global trade escalation simmering, at least for the moment. Meanwhile, reports out of China talking more backstops to support the equity market, and another liquidity injection, have also helped to ease investor nerves. Audio update Technical highlights EURUSD Major higher […]

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Daily FX Market Commentary

Good Morning, LMAX Close USDJPY 110.764 | EURUSD 1.11994 | AUDUSD 0.69928 | NZDUSD 0.66098 | USDCAD 1.34485 | USDCHF 1.0179 | GBPUSD 1.30961 | 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 1.12136 | 1.11967 USDJPY Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 110.853 | 110.589 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.31322 | 1.30919 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.01788 | 1.01632 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.70477 | […]

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