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Fed Decision – What you need to know
All of the market focus is on the upcoming Fed decision, with the outcome capable of inspiring a shakeup in either direction. As we head into the event, the broad consensus is calling for a rate cut of 25 basis points, which would be the first rate cut in over ten years. This would take […]
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Daily FX Market Commentary
Good Morning, LMAX Close USDJPY 108.602 | EURUSD 1.11554 | AUDUSD 0.68722 | NZDUSD 0.6614 | USDCAD 1.31521 | USDCHF 0.99023 | GBPUSD 1.21508 | 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 1.11590 | 1.11482 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â 108.648 | 108.501 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 1.21691 | 1.2146 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.99115 | 0.98969 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â 0.68970 | 0.6863 […]
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Market braces for Fed decision impact
There’s no shortage of economic data on Wednesday, though it’s unlikely the market will be wanting to react all that much, with all eyes locked in on the highly anticipated FOMC decision late in the day. A lot of speculation around today’s decision and just how dovish the Fed will be, which should make for […]