Dollar Still Flexing Its Muscles Post ECB

Special report: ECB Decision Preview and Thoughts

The European Central Bank decision is due in just a bit and is likely to be accompanied by some volatility. No change is expected on rates, with most of the reaction to come from new insights or updates relating to the policy outlook going forward.

Next 24 hours: Dollar Still Flexing Its Muscles Post ECB

US durable goods orders were mixed but weren't going to get a lot of attention on Thursday, with all the volatility coming from the ECB decision. In the end, the Euro extended its run of declines, easily breaking down below a major support level at 1.2155.

Global FX Insights Next 24 hours   LMAX Exchange  

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.