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All the latest business and technology views and insights on the FX industry from LMAX Exchange management and staff

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Global FX Insights

Special report: US Jobs Report Preview

Today’s report: US Jobs Report, Fed Powell Speech

Currencies are better bid as we head towards the weekly close, with equities tracking higher as well, presumably on the back of a reduction in downside risk around the globe. Looking ahead, all eyes on the US jobs report and Fed Chair Powell speech.   read report

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Wake-up call

Out from the depths

Next 24 hours: Will the optimism stick this time?

Today’s report: Out from the depths

There have been plenty of developments supporting this latest recovery in risk sentiment and concurrent bounce in global equities. On the FX front, this has resulted in some broad based profit taking on US Dollar long exposure, with many currencies rallying out from the depths of multi-month lows against the Buck.   read report

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Wake-up call

Next 24 hours: How will Boris respond?

Today’s report: Pound recovers on reduced no-deal Brexit prospect

The Pound has managed to find some bids into Wednesday, on optimism around the news of the latest bill that could prevent a no-deal Brexit and kick the can down the road some more. MPs will now vote on the Brexit delay bill and if passed, attention will shift to Prime Minister Johnson, who said he would call a general election.   read report

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Wake-up call

US Dollar keeps on trucking

Next 24 hours: Does the Buck stop here?

Today’s report: US Dollar keeps on trucking

The US Dollar is extending its run of yearly and multi-month gains against many currencies into Tuesday, with the price action carrying over from a very thinly traded Monday holiday session. Commodity currencies are worried about fallout from trade wars, while the major currencies have similar concerns, but are also suffering from their own setbacks.   read report

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Wake-up call

Next 24 hours: Euro extends slide to fresh yearly low

Today’s report: Thin trading conditions on holiday Monday

Trading conditions are going to be very thin on Monday, with North America out for the long holiday weekend. Overnight, China PMIs came in mixed and didn’t really factor into price action. Looking ahead, we get manufacturing PMIs out of Germany, the Eurozone and UK, along with ECB speak from Lautenschlager, Guindos and Coeure.   read report

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Wake-up call

Today’s report: US Dollar bid into month end

We come into the end of the week, which could bring volatility of its own, given the month end, pre-holiday weekend flow. On the FX side, the big takeaways this week have been a Euro beaten down to yearly low territory on softer German data reads, and a Pound trying to figure out what to make of Boris Johnson’s plan to suspend parliament.   read report

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Wake-up call

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