An overview of controversial Last Look Practice in FX. The video also discusses the type of environment and volatility where "Last Look" is likely to be exercised.

 

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Editors’ Picks

EUR/USD surges above 1.1100 as Trump announces steps against China

EUR/USD is trading above 1.1100, up on the day. President Trump said he orders companies to search Chinese imports for drugs. Earlier he criticized Powell's lack of action. 

EUR/USD News

GBP/USD jumps above 1.2250 on USD weakness

GBP/USD is trading close to the monthly highs above 1.2250 as the US dollar falls following Powell's hint of cutting rates and Trump's angry response. 

GBP/USD News

USD/JPY: Firmer above 106.50 amid risk-on, softer Japanese data

The Japanese Yen remains on the back foot, possibly due to dismal Japanese inflation data and the resulting rise in the dovish BOJ expectations. USD/JPY, further, benefits from rallying Treasury yields and S&P 500 futures ahead of Fed's Powell speech.

USD/JPY News

Editors’ Picks

EUR/USD surges above 1.1100 as Trump announces steps against China

EUR/USD is trading above 1.1100, up on the day. President Trump said he orders companies to search Chinese imports for drugs. Earlier he criticized Powell's lack of action. 

EUR/USD News

GBP/USD jumps above 1.2250 on USD weakness

GBP/USD is trading close to the monthly highs above 1.2250 as the US dollar falls following Powell's hint of cutting rates and Trump's angry response. 

GBP/USD News

USD/JPY: Firmer above 106.50 amid risk-on, softer Japanese data

The Japanese Yen remains on the back foot, possibly due to dismal Japanese inflation data and the resulting rise in the dovish BOJ expectations. USD/JPY, further, benefits from rallying Treasury yields and S&P 500 futures ahead of Fed's Powell speech.

USD/JPY News

Powell powerless against Trump's trade wars – US braces for recession, USD set to move

"The most powerful central banker in the world" – is how we and others characterize Fed Chair Jerome Powell. While that may be true – monetary policy is reaching its limits – especially in the face of a trade war.

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Gold climbs to weekly tops, further beyond $1510 level

Gold reversed an early dip to $1493-92 support area and spiked back closer to weekly tops in reaction to China's retaliatory tariffs, albeit lacked any strong follow-through.

Gold News

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