Monday, September 28, 2020

Americas Wrap


Economic calendar due from Asia today - Tuesday 29 September 2020

None of the below should be of much immediate impact. The BOJ will be interesting though, there may be some changes in comments from the Bank given new Prime Minister was approved by his party on the 14th, just prior to the BOJ meeting.... Read full article


Pres. Trump Press conference: Coronavirus testing strategy update

Pres. Trump speaks to press about the coronavirus testing strategy update and other matters Good idea. There will be other questions stimulus, taxes, maybe his request to have Biden drug tested, the debate tomorrow.... Read full article


More from Fed's Mester: Expect unemployment to end year in 7% to 8% range

More from Cleveland Fed Pres. Loretta Mester - US inflation is lower than the Fed's goal but will eventually rise if recovery continues - She expects US unemployment rate to end year in 7% to 8% range The Fed's projections for end of year unemployment came in at 7.6% in their central tendencies projections after the last Fed... Read full article


NASDAQ index rises by 200 points and tests its 38.2% retracement

Back to leading the major indices The NASDAQ index is now trading up 200 points or 1.84% to 11113.30. The index is testing its 38.2% retracement of the move down from the September 2 high at the 11113.34 level.... Read full article


WT high crude oil futures settle at $40.60

Crude oil settles up $0.35 or 0.87% The price of crude oil futures settle at $40.60. That is up $0.35 or 0.87%. The high price reached $40.79. The low price reached $39.78.... Read full article

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Latest Forex Orders


FX option expiries for Monday September 28 at the 10am NY cut

EUR/USD

  •  1.1600 846m euro amount
  •  1.1640 521m
  •  1.1700 806m
 USD/JPY
  •  104.80 400m USD amount 
  •  105.00 432m
  •  105.15 407m
  •  105.50 1.6bn
 GBP/USD
  •  1.2800 457m GBP
 AUD/USD
  •  0.7000 1.4bn AUD
 NZD/USD
 0.6525 302m NZD

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