-
Dollar dynamics, global trade and inflation
The Dollar has been uptrending since mid-2018 and there have been periods in recent days where the Buck has looked like its wanted to extend the run. But it hasn’t been able to do so, with the Euro well supported on dips, the commodity currencies making impressive runs, and even the Pound recovering quickly after […]
-
Daily FX Market Commentary
Good Morning, LMAX Close USDJPY 108.239 | EURUSD 1.12103 | AUDUSD 0.70113 | NZDUSD 0.67031 | USDCAD 1.30879 | USDCHF 0.98786 | GBPUSD 1.24074 | 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 1.12154 | 1.12076 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â 108.327 | 108.116 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 1.24192 | 1.24024 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.98847 | 0.98724 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â 0.70197 | 0.70036 […]
-
Market still shaky on Fed outlook
We come into Wednesday with the US Dollar having generated a fresh wave of demand from shorter term spec accounts, after these accounts reconsidered Fed rate cut bets in the aftermath of an above forecast US retail sales print. Meanwhile, the Pound has suffered another Brexit blow, sinking to a 27 month low against the […]