LMAX Exchange Market Commentary

Andy Harrison

Good morning,

A change of format for those that look at this with mobiles and would prefer to see the present rather than yesterday.

LMAX Close

USDJPY 98.084 | EURUSD 1.34192 | EURJPY 131.619 | AUDUSD 0.94559 | NZDUSD 0.83418 | USDCAD 1.04605 | EURCHF 1.22907 | USDCHF 0.91583 | GBPUSD 1.60937 | EURGBP 0.83385 |

Interbank Ranges as of 6am London time

Highs    Lows

USD/JPY               98.26 | 98.05

EUR/USD             1.3424 | 1.3405

EUR/JPY               131.775 | 131.52

AUD/USD            0.9482 | 0.9428

NZD/USD             0.8345 | 0.8312

USD/CAD             1.0465 | […]

Andy Harrison

Good morning,

LMAX Close

USDJPY 98.664 | EURUSD 1.35136 | EURJPY 133.331 | AUDUSD 0.95268 | NZDUSD 0.83874 | USDCAD 1.04189 | EURCHF 1.23272 | USDCHF 0.9122 | GBPUSD 1.60794 | EURGBP 0.84049 |

Harry Hindsight

• EUR: Euros and the market in general were reasonably quiet for the first part of the trading session in Asia. The market opened around the 1.3475 levels drifting slightly lower until the AUD bond auction triggered movement in the markets. Euros moved up strongly triggering […]
  

Andy Harrison

Good morning,

LMAX Close

USDJPY 98.503 | EURUSD 1.34748 | EURJPY 132.728 | AUDUSD 0.95074 | NZDUSD 0.82935 | USDCAD 1.04551 | EURCHF 1.23099 | USDCHF 0.91354 | GBPUSD 1.60426 | EURGBP 0.83988 |

Harry Hindsight

• EUR: The Euro started the day around the 1.3515 area and after a brief flirt with the topside above 1.3520 dropped back quickly with EURJPY selling out of the retail sector in Japan. The market moved down to the 1.3500 area and there we stayed […]
  

Andy Harrison

Good morning,

LMAX Close

USDJPY 98.608 | EURUSD 1.35145 | EURJPY 133.272 | AUDUSD 0.9511 | NZDUSD 0.82829 | USDCAD 1.04231 | EURCHF 1.22953 | USDCHF 0.90981 | GBPUSD 1.59685 | EURGBP 0.84628 |

Harry Hindsight

• EUR: The market opened quietly and in line with Fridays close opening around the 1.3490 before slowly moving above the 1.3500 level. The market held the highs and we had comments from Fisher which caused a USD rally. Euros dropped quickly to the low 1.3440s […]
  

Andy Harrison

Good morning,

LMAX Close Wellington open

USDJPY 98.706 98.61-615 | EURUSD 1.34889 1.3486-98 | EURJPY 133.151 133.00-41 | AUDUSD 0.94381 0.9439-49 | NZDUSD 0.82652 0.8226-75 | USDCAD 1.04234 1.0417-33 | EURCHF 1.2305 1.2300-07 | USDCHF 0.91213 0.9115-395 | GBPUSD 1.59248 1.5907-53 | EURGBP 0.84702 0.8462-80 |

Weekend News

CNY:

China Services Index Rises to Years High in Sign of Rebound
China Plenum to Lead to Comprehensive Reform, Economist Wu Says
China to Push Forward Reform Plan in Third Plenary, Xinhua Says
Chinas Economic Situation Is Improving, […]

Andy Harrison

Good morning,

LMAX Close

USDJPY 97.282 | EURUSD 1.38012 | EURJPY 134.257 | AUDUSD 0.96223 | NZDUSD 0.83504 | USDCAD 1.04197| EURCHF 1.23152 | USDCHF 0.89237 | GBPUSD 1.62027 | EURGBP 0.85179 |

Harry Hindsight

• EUR: Euros traded higher from the opening in Tokyo rising from the 1.3777 areas to above the 1.3790 level and similar levels to the previous 24hrs, although some reasonable volume went through the market it failed the levels until the grey hours. The market rallied quickly […]
  

Andy Harrison

Good morning,

LMAX Close

USDJPY 97.386 | EURUSD 1.37764 | EURJPY 134.149 | AUDUSD 0.96256 | NZDUSD 0.83868 | USDCAD 1.03845 | EURCHF 1.22929| USDCHF 0.8923 | GBPUSD 1.61637 | EURGBP 0.8523 |

Harry Hindsight

• EUR: The Euro opened around the 1.3780 area and slowly moved lower into the Tokyo market and it looked as if we were set for another slow day as we moved to just below the opening. AUD numbers with an unexpected rise in inflation and the […]
  

Andy Harrison

Good morning,

LMAX Close

USDJPY 98.177 | EURUSD 1.36805 | EURJPY 134.326 | AUDUSD 0.96547 | NZDUSD 0.84629 | USDCAD 1.03036 | EURCHF 1.23394 | USDCHF 0.90201 | GBPUSD 1.61466 | EURGBP 0.84724 |

Harry Hindsight

• EUR: Another quiet day as the market waits in anticipation of the backlog of data from the US that is due to be released this week. Opening around the 1.3680 level the market was unchanged over the course of the day, unable to break above […]
  

Andy Harrison

Good morning,

LMAX Close Wellington open

USDJPY 97.783 97.66-94 | EURUSD 1.36855 1.3682-87 | EURJPY 133.806 133.67-134.06| AUDUSD 0.9676 0.9665-79 | NZDUSD 0.8049 0.8493-0.8514 | USDCAD 1.02889 1.0291-1.0305 | EURCHF 1.23422 1.2340-46 | USDCHF 0.90177 0.9016-25 | GBPUSD 1.61675 1.6165-79 | EURGBP 0.84645 0.8455-73 |

Weekend News

USD:

Poll of Economists suggest Fed Tapering is not likely to happen until March BBG

EUR:

Draghi opposes the imposition of losses on bond holder in the event of bank failures

An Italian court barred Berlusconi for […]

Andy Harrison

Good morning,

LMAX Close

USDJPY 97.912 | EURUSD 1.36754 | EURJPY 133.90 | AUDUSD 0.96357 | NZDUSD 0.85048 | USDCAD 1.02912 | EURCHF 1.23403 | USDCHF 0.9024 | GBPUSD 1.61642 | EURGBP 0.84602 |

Harry Hindsight

• EUR: With everyone going back to work youd have been forgiven for thinking the market would drift lower from that point however, like all good plans the mice had been at it and there were lots of holes in it. Opening around the 1.3530 area […]