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LMAX Group blog - FX industry thought leadership

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  • Making sense of the price action

    Thursday was an interesting day in financial markets. When the dust settled, the stock market had extended gains in an impressive way, all while the US Dollar was rallying. This isn’t the way things normally go, with higher stocks expected to translate to a lower US Dollar. Audio Update Technical highlights EURUSD Stalls out above […]

  • BOE and ECB decisions preview

    The Fed decision has come and gone. And while the market is still digesting the latest communication from the central bank, it will need to contend with two more big central bank decisions later today in the form of the BOE and ECB decisions. Special Report

  • The market sees what it wants to see

    The market was clearly looking for any dovish communications at all to feel good about pushing stocks higher and selling the US Dollar. Despite the Fed going ahead with the as expected 25 basis point rate hike and saying that further policy tightening was required, the focus was elsewhere. Audio Update Technical highlights EURUSD Pokes […]

  • FOMC decision preview

    Later today, we get the always highly anticipated FOMC event risk. We suspect there could be plenty of fireworks in the aftermath of the decision with so much hanging in the balance. Special Report

  • Fed pivot bets hold up into big day

    We had seen some market jitters on Tuesday, before all of that quickly went away and we were right back to risk on flow. Today is a big day with the FOMC event risk upon us, and as things stand, investors have been mostly comfortable to make bets around pricing in a Fed pivot. Audio […]

  • Month end flow and FOMC risk

    All of the price action right now seems to be attributed to pre-event risk positioning into tomorrow’s FOMC decision. It looks like the market is feeling like it got a little too aggressive with its Fed pivot bets. Wrap-Up Call

  • A case of repositioning

    We’re seeing clear risk off flow and US Dollar demand as the week gets going. The most likely explanation is market positioning ahead of tomorrow’s Fed policy decision. Audio Update Technical highlights EURUSD Closing in on psychological barrier GBPUSD Into important internal resistance USDJPY Additional setbacks limited AUDUSD Structure shifts more bullish USDCAD Well supported […]

  • Euro holding up better than the rest

    We’re getting going in the new week and we’ve already seen a healthy batch of economic data out of Europe. Spanish inflation turned back up, snapping a streak of 5 months of slowdowns. Wrap-Up Call

  • Things are coming to a head

    We come into the new week with the market still trying to figure out if it has it all right with respect to bets the Fed will finally relent and ease up on what has been a more aggressive policy track of higher rates. Audio Update Technical highlights EURUSD Closing in on psychological barrier GBPUSD […]

  • Will the Fed bend to the will of the market?

    There was plenty of reason for the market to worry about the prospect for a Fed pivot in the aftermath of Thursday’s round of economic data out of the US. Audio Update Technical highlights EURUSD Case for longer term bottom GBPUSD Setbacks should be supported USDJPY Closing in on previous resistance AUDUSD Structure shifts more […]

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