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Market Update

FX Option Expiries For Aug 25 NY Cut

FX option expiries for Aug 25 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1650 722m1.1800 608m1.1850 1.1bn1.1900 529m – GBP/USD: GBP amounts         1.3000 315m – USD/JPY: USD amounts          105.00 740m105.25 1.4bn

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EUR/GBP Rising Above 0.90

The Euro (EUR) is trading higher against the British Pound (GBP) on Monday. The EUR/GBP is up by 0.23% for the day, trading at 0.90311. Recent market forecasts expect the pair to maintain the 0.90 range until a trade deal between the United Kingdom (UK) and the European Union (EU) …

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WTO Supports Canadian Complaint Against US Tariffs

The World Trade Organization (WTO) is supporting Canada in its complaint against the United States’ recent decision to impose tariffs on Canadian softwood lumber exports, Reuters reported. A WTO panel decided that the US breached international trade rules. On the other hand, the move aimed at countering unfair subsidies by …

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