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LMAX Group blog - FX industry thought leadership

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  • Euro sinks to lowest level since May 2017

    The Euro sunk to its lowest level against the US Dollar since May 2017, with many attributing some of the added downside pressure to Wednesday’s surprise ECB Lautenschlaeger resignation. With no reason offered to explain the move, many have speculated it comes as a protest statement against the ECB’s ultra-loose policy stance. Wrap-Up Call

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  • Daily FX Market Commentary

    Good Morning, LMAX Close USDJPY 107.769 | EURUSD 1.09431 | AUDUSD 0.67501 | NZDUSD 0.62726 | USDCAD 1.32691 | USDCHF 0.99223 | GBPUSD 1.23511 | LMAX highs and Lows 05.00 GMT Highs | Lows EURUSD 1.09648 | 1.09411 USDJPY 107.798 | 107.605 GBPUSD 1.23800 | 1.23457 USDCHF 0.99218 | 0.99076 AUDUSD 0.67630 | 0.6747 USDCAD […]

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  • Market direction all about Trump

    Stocks managed to shrug off the fallout from the Trump impeachment news, getting a boost from the President himself, after he said a deal with China could come sooner than the market thought. On the FX front, this comment opened the door for more broad Dollar demand, that had already been in play from risk […]

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