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Breaking down the Pound on UK election day
The day has finally arrived. It’s UK election day and everyone will be wanting to know if those poll results were accurate this time round, with so much hanging in the balance. And yet, the reality is this, whatever the outcome, we see the most critical downside risk associated with the Pound as having been […]
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Why the US Dollar sold off and stocks rallied
The US Dollar is off and stocks are up into Thursday. The primary driver here has been the Fed decision, with the central bank leaving rates on hold as expected, but also making it clear, that the bias has shifted even more to the accommodative side of policy. Audio update Technical highlights EURUSD Next big […]
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Daily FX Market Commentary
Good Morning, LMAX Close USDJPY 108.555 | EURUSD 1.11299 | AUDUSD 0.68775 | NZDUSD 0.65686| USDCAD 1.3172 | USDCHF 0.98296 | GBPUSD 1.31954 | LMAX highs and Lows 06.00 GMT Highs | Lows EURUSD 1.11443 | 1.11303 USDJPY 108.603 | 108.456 GBPUSD 1.32304 | 1.3195 USDCHF 0.98333 | 0.9817 AUDUSD 0.68889 | 0.68678 USDCAD 1.31811 […]