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LMAX Group blog - FX industry thought leadership

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  • Grexit Risk, Policy Divergence Send Euro To 9 Year Low

    Markets return to the first full week of 2015 and participants aren’t going to have much time to ease into things, with volatility on the rise as the Euro collapses to fresh 9 year lows against the Buck. Fear of Grexit and ongoing monetary policy div…

  • Euro Back To 2012 Base Against Buck

    We had seen mild profit taking on US Dollar longs in the closing hours of 2014. But this price action was lacking in bite, with the Buck easily reasserting as the 2015 year gets underway. Setbacks in EURUSD have been the most notable, with the major pa…

  • US Dollar Well Positioned Heading Into 2015

    It’s New Year’s Eve and the already razor thin market will thin out some more as we inch closer to the final hours of 2014. The US Dollar looks very strong heading into 2015, though we have seen some short-term profit taking into Wednesday as trade…

  • Euro Extends Declines, Oil Lower, SPX500 Higher

    The economic calendar remains exceptionally light on the second last day of the year, with market conditions also razor thin in the lead up to 2015. Still, markets continue to move, with EURUSD extending 2014 lows, closing in on the 2012 base at 1.2040…

  • Greek Political Risk Stands Out in Light Monday Trade

    We are into the final days of 2014 and trading conditions remain extremely thin, with market participants not expected to fully return to desks until next week. The economic calendar for Monday is virtually non-existent, with Greek political risk perha…

  • Trading Resumes But No One Interested

    Not a whole lot going on in the post Christmas trade. FX is open but most market participants are still off the desks for Boxing Day. We have seen a bit of profit taking on long US Dollar positions, with currencies mildly bid against the Buck across th…

  • Tight Ranges Expected in Razor Thin Holiday Trade

    At last week’s FOMC decision, the Fed signaled it would be inching closer to a rate hike, after removing the rates low for ‘considerable time’ language and replacing it with the less dovish use of the word ‘patient.’ But how p…

  • Markets Absorb Last Big Batch Of Pre-Holiday Data

    Not much change to the picture over the past 24 hours. Conditions are expected to continue to thin out this week, with Japan already closed today and the rest of the world shutting down for Christmas break. The Buck sits in the driver’s seat on t…

  • US Dollar Looking to Extend Gains Into Year End

    We enter the final days of trade for 2014 with the US Dollar looking strong and poised to extend gains. Still, markets have thinned out quite a bit already, and should continue to thin out, as a good portion of the world is off, or heading off for holi…

  • Stocks Surge, Oil Pressured, Currencies Consolidate

    Currencies have taken a bit of a backseat in recent trade, with most markets locked in some consolidation. However, the Euro is on the verge of breaking down to another yearly low against the Buck and this coud open a direct retest of the 2012 base at …

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