header background

LMAX Group blog - FX industry thought leadership

header background

Daily Reports

Next 24 hours: ECB Decision Out of the Way, Fed Minutes Up Next

Special report: ECB Decision and the Bullish Case for EURUSD

Today’s report: Action Packed Wednesday as Calendar Heats Up

The market has been in a cautious state this week, not wanting to make any big decisions about direction, seemingly waiting for more insight from the developments on the economic calendar that heats up in a much bigger way today. ECB decision, EU summit, batch of UK data, US CPI and the Fed Minutes, all due on Wednesday.   read report

download report

Wake-up call

Trade talks and US Dollar policy

Next 24 hours: Plenty of caution, but interesting nonetheless

Today’s report: Trade talks and US Dollar policy

We haven’t seen much going on in the early week. What little price action we've seen, has been pointing to US Dollar weakness and mild selling in the global equities space. We’re currently waiting for more clarity on US-China trade talks and Brexit, though the Pound has caught some renewed bids after an amended Cooper-Letwin bill passed into law.   read report

download report

Wake-up call

Next 24 hours: Mild Moves Against the Trends

Today’s report: Subdued US Jobs Report Component Affirms Fed Move

Last Friday’s subdued hourly earnings component in the US jobs report should do a good job affirming the Fed’s recent policy shift back to the accommodative side. This has also resulted in renewed selling of the US Dollar and fresh 2019 highs in US equities.   read report

download report

Wake-up call

Special report: US Jobs Report Preview

Today’s report: Central Bank Shift and US-China Trade Talks Helping...For Now

When we look at FX price action on the week into Friday, there isn’t a whole lot to talk about. All of the more actively traded currencies remain confined to familiar ranges. As far as today’s calendar goes, key event risk comes in the form of the monthly employment report out of the US.   read report

download report

Wake-up call

Next 24 hours: Choppy FX market swings continue

Today’s report: Cooper-Letwin Passes by Slimmest of Margins

All is steady into Thursday, after we had seen a reversal of flow in Wednesday trade. Market participants will need to feel their way through the price action, to find out if we’ve just seen the start to a wave of Dollar selling and profit taking in stocks. The economic calendar is light today, ahead of tomorrow's US jobs report.   read report

download report

Wake-up call

Next 24 hours: Euro Trying to Turn the Ship Around

Today’s report: Pound feeling better about the path forward

More risk on flow as Wednesday gets going, with US equity futures pushing even higher and that much closer to record highs seen in late 2018. On the FX front, things have been a lot less trendy and a whole lot choppier, with the latest run of US Dollar demand coming to a halt and reversing course.   read report

download report

Wake-up call

Next 24 hours: Euro Trying to Turn the Ship Around

Today’s report: Pound feeling better about the path forward

More risk on flow as Wednesday gets going, with US equity futures pushing even higher and that much closer to record highs seen in late 2018. On the FX front, things have been a lot less trendy and a whole lot choppier, with the latest run of US Dollar demand coming to a halt and reversing course.   read report

download report

Wake-up call

Next 24 hours: US equities still running higher, Bitcoin breaks out

Today’s report: Commodity currencies moving, Bitcoin skyrockets

A decent amount of activity in the commodity currencies early Monday. The RBA was out with its latest policy decision and followed in the line of the other major central bank decisions before it, adjusting the policy outlook to the accommodative side. Soft New Zealand data. US durable goods later today.   read report

download report

Wake-up call

Next 24 hours: Euro Holds Up Despite Softer Data

Today’s report: Q2 Kicks off with Lower USD, Higher Stocks

Broadly speaking, currencies are better bid to start the second quarter of 2019, recovering out from recent lows against the Buck. Equities are also bid, with US equity futures extending their 2019 run of gains out from the December 2018 low.   read report

download report

Wake-up call

Today’s report: Closing Out a Choppy, Directionless Q1 2019

The US Dollar has been in demand in this latter portion of the week and this latest wave of buying has come from downside risk abroad, after Thursday’s economic data out of Europe was soft and the Pound could not ignore some new uncertainty around the state of Brexit. Watch out for added volatility on month-end, quarter-end flow.   read report

download report

Wake-up call

Any opinions, news, research, analyses, prices or other information ("information") contained on this Blog, constitutes marketing communication and it has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Further, the information contained within this Blog does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of, or solicitation for, a transaction in any financial instrument. LMAX Group has not verified the accuracy or basis-in-fact of any claim or statement made by any third parties as comments for every Blog entry.

LMAX Group will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. No representation or warranty is given as to the accuracy or completeness of the above information. While the produced information was obtained from sources deemed to be reliable, LMAX Group does not provide any guarantees about the reliability of such sources. Consequently any person acting on it does so entirely at his or her own risk. It is not a place to slander, use unacceptable language or to promote LMAX Group or any other FX and CFD provider and any such postings, excessive or unjust comments and attacks will not be allowed and will be removed from the site immediately.

Sign up for Global FX Insights, the daily market commentary from LMAX Group

Your information will not be distributed or shared with third parties