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LMAX Group blog - FX industry thought leadership

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  • Fed Introduces New ‘Patient’ In The Room

    The Fed made things interesting on Wednesday, with the central bank hawkishly removing its rates low for considerable time language, but at the same time, somewhat diminishing the impact, with the strategic use of the word ‘patient’ as a re…

  • Fed Outlook Likely To Dictate Trade Into Year End

    We enter Fed day with the US Dollar broadly consolidating near recent yearly highs, oil just off multi-year lows, gold back under a bit of pressure and US equities rolling over. Today’s FOMC rate decision and Yellen press conference could be a real v…

  • Emerging Markets In Focus

    It’s all about equities, emerging markets, commodities and anything correlated at the moment. All of these markets have been hit hard in the early week, after already coming under a good amount of pressure in recent months. Of course, Russia has been…

  • USD Supported, Equities Topping, Oil Attempts Recovery

    We enter the final full week of 2014 with the Buck consolidating off yearly highs. Meanwhile stocks are showing signs of topping, while oil is attempting to stabilize off 5 year lows. Markets are now looking to Wednesday’s FOMC decision and wonde…

  • Global Risks May Keep Fed From Getting Too Hawkish

    While the US recovery is looking healthy, the global economy is battling declining commodity prices, deteriorating growth prospects and deflation threats. The Fed has referenced external factors more and more of late, and it will be interesting to see …

  • Currency Correction Losing Momentum

    We have seen some mild selling in the US Dollar this week, though it looks like the sell-off could be running out of steam. Perhaps market participants are starting to position ahead of next week’s FOMC decision, with some investors considering a…

  • Risk Off Price Action Fails To Inspire Fresh USD Bids

    Risk off themes are starting to weigh on markets into year end, though it seems participants are not yet sure whether this is just another shallow correction or something that should be taken more seriously. Interestingly enough, the US Dollar has fail…

  • Shifting Yield Dynamics and Asset Rotation

    The biggest story out there, and one that will continue to drive markets in 2015, is the ongoing divergence in Fed monetary policy with the rest of the central bank world. This continues to be a massive prop for the US Dollar, with market participants …

  • Fed Policy Outlook Tightens Up Post NFPs

    The Buck remains comfortably in the driver’s seat following Friday’s stellar US employment report, with not only NFPs blowing out to the topside, but wages also starting to rise. Market participants have since been betting this will seal the de…

  • Markets Looking For NFP Bang After ECB Letdown

    Markets will be looking for a little more action Friday, following the disappointing ECB decision, which failed to offer any real clarity on monetary policy direction. Key event risk for the day comes in the form of the monthly employment report out of…

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