There were a lot of market drivers last week like the Fed and Bank of England meeting and tensions over the Brexit talks and developments for the Corona vaccine as well as the continuing trade tension between the US and China and the TikTok crisis. There was a lot of …
Read More »US Dollar on Track to Post Weekly Loss
The dollar held on to narrow trading ranges. Still, it was heading towards a weekly loss against the major counterpart currencies, after negative data cast doubt on the economic outlook, while positive comments from the Minister of Finance in New Zealand helped support the country’s currency. The dollar gave up …
Read More »FX Option Expiries For Sept 18 NY Cut
FX option expiries for Sept 18 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1750 980m1.1800 753m1.1850 758m1.1900 1.0bn1.1950 1.3bn – USD/JPY: USD amounts 104.00 500m104.50 585m105.25 971m105.50 1.1bn – AUD/USD: AUD amounts 0.7300 2.4bn – USD/CAD: USD amounts 1.3050 875m1.3100 551m1.3160 653m1.3200 574m1.3250 …
Read More »FX Option Expiries For Sept 17 NY Cut
FX option expiries for Sept 17 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1700 501m1.1775 530m1.1800 943m1.1850 1.2bn1.1875 1.0bn – USD/JPY: USD amounts 104.25 393m105.00 1.9bn105.10 512m105.25 355m105.40 856m105.48 800m105.50 506m105.53 400m105.55 522m106.00 2.0bn – AUD/USD: AUD amounts 0.7235 688m – USD/CAD: USD amounts …
Read More »USD/JPY fell to a 7-week low Near Psychological level 105.00
USD/JPY fell to a 7-week low during the European session with the bears now waiting for some selling below the psychological level of 105.00. The pair had witnessed some heavy selling for the third consecutive session on Wednesday, amid the selling bias around the US dollar. Although the Federal Reserve …
Read More »FX Option Expiries For Sept 16 NY Cut
FX option expiries for Sept 16 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1835 654m – GBP/USD: GBP amounts 1.3000 357m – USD/JPY: USD amounts 105.00 837m105.15 360m105.20 691m105.25 365m106.15 376m106.25 450m
Read More »FX Option Expiries For Sept 15 NY Cut
FX option expiries for Sept 15 NY cut at 10:00 Eastern Time, via DTCC, can be found below. EUR/USD: EUR amounts 1.1830 823m1.1850 2.4bn1.1885 957m1.1910 637m USD/JPY: USD amounts 105.00 1.1bn105.70 535m105.95 999m106.00 665m
Read More »PBOC Injects CNY600 B Through One-Year MLF at 2.95%
The People’s Bank of China (PBOC) injected CNY600 billion via one-year medium-term lending (MLF) facility on Tuesday. The Chinese central bank issued the one-year MLF at 2.95%, unchanged from the previous operation. The PBOC kept the rates unchanged for the fifth month in a row. There is CNY170 billion reverse …
Read More »US Dollar Back to Decline, Eyes on Fed
The dollar fell on Monday, September 14th against other major currencies, as a wave of mergers and acquisitions lifted sentiment in global stock markets as investors looked forward to a week crowded with events including the US Federal Reserve meeting and the appointment of a new Japanese prime minister. Attention …
Read More »US Dollar Index Losing Some Steam and Approaching 93.00
The US dollar index, which measures the strength of the greenback against a basket of currencies, started the week negatively from the major support level at 93.00. The index fell for the second session in a row on Monday, moving just above 93.00 in a somewhat risky environment. At the …
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