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Fed Minutes Preview
Back in July, the Fed put a stamp on its 180 policy reversal after it cut rates 25 basis points, introducing the first rate cut since inception of the 2008 financial markets crisis. Coming into 2019, it was a much different picture over at the Fed, with the conversation more about rate hikes and how […]
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Daily FX Market Commentary
Good Morning, LMAX Close USDJPY 106.231 | EURUSD 1.11006 | AUDUSD 0.67776 | NZDUSD 0.64162 | USDCAD 1.33205 | USDCHF 0.9778 | GBPUSD 1.21698 | 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 1.11052 | 1.10915 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â 106.549 | 106.221 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 1.21748 | 1.2154 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.97928 | 0.97773 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â 0.67897 | 0.67734 […]
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US Dollar Relents into Mid-Week
We come into the mid-week with the US Dollar relenting after extending its recent run on a broad basis, as per the US Dollar Index. Tuesday economic data didn’t factor all that much into price action, though we did see the Euro manage to do a better job handling selling pressure from Italian political uncertainty. […]