31st October 2019 - LMAX Group Opinions

Will the post FOMC USD slide keep sliding?

Weâ€™re seeing the post FOMC US Dollar selloff finding some form of a bottom as we head into the North American open on Thursday. At this stage, itâ€™s too early to tell if itâ€™s anything more than a breather ahead of a continued unwinding of Dollar long positions in response to the marketâ€™s reaction to […]

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US Dollar lower, stocks higher on Powell comments

We had said economic data ahead of Thursdayâ€™s Fed decision wasnâ€™t going to mean all that much, and this proved to be the case, with all of the positive US Dollar momentum from a solid round of US GDP data fizzling out after the Fed Chair said the central wasnâ€™t thinking of raising rates. Audio […]

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Daily FX Market Commentary

Good Morning, LMAX Close USDJPY 108.844 | EURUSD 1.1151 | AUDUSD 0.69038 | NZDUSD 0.63579 | USDCAD 1.31593 | USDCHF 0.9895 | GBPUSD 1.29002 | LMAX highs and Lows 06.00 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 1.11702 | 1.11481 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â 108.901 | 108.589 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 1.29335 | 1.28933 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.98951 | 0.9867 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â 0.69289 […]

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