Market Finds Stability as Liquidity Returns

Special report: Why investors are praying for an awful jobs report

We're off to a wild start in 2019, highlighted by this week's flash crash in USDJPY and the market will now look to take in the always anticipated US monthly employment report. In light of the intense liquidation in risk assets, we're right back into that situation where investors are looking at good news as bad news and bad news as good news.

Next 24 hours: Market Finds Stability as Liquidity Returns

The FX market managed to stabilise into the latter half of the day after a wild twilight zone start, that saw USDJPY in a flash crash freefall. There was collateral damage across the board, with the most striking in the Australian Dollar, which sunk to its lowest levels against the Buck since 2009.

Global FX Insights Next 24 hours   LMAX Exchange  

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