Monday, September 14, 2020

Asia-Pacific Wrap


ForexLive Asia FX news wrap: AUD pops above 0.7300 after the RBA minutes

Forex news for Asia trading Tuesday 15 September 2020 The Australian dollar spent the first part of the morning dribbling lower on the back of just a bit of USD strength. Once the Reserve Bank of Australia September meeting minutes were published, however, AUD/USD began a quick track higher, popping above 0.7300 in the space of about 20 minutes and to a high... Read full article


Australia's largest fund manager says more RBA easing to come - cash rate cut, more QE

Shane Oliver is Head of Investment Strategy & Chief Economist at AMP Capital. We continue to see the RBA providing additional easing beyond the expanded TFF... Read full article


China extends tariff exemptions on some US goods imports

Customs Tariff Commission of China with the announcement: To extend the tariffs exemption for a year (were due to expire on September 16, 2020) Exemptions apply to some goods from the US.... Read full article


China data - industrial production & retail sales for August both beat expectations

China August activity data - all indicators coming in stronger than central median survey estimates. Industrial Production 5.6% y/y ... BEATIndustrial production YTD 0.4% y/y ... BEATFixed Assets (excluding rural) YTD -0.3% y/y ... BEATRetail Sales 0.5% y/y ... BEATRetail Sales YTD -8.6% y/y ... BEAT... Read full article


AUD/USD testing above 0.7300 after the RBA minutes wish for a lower AUD

The Reserve Bank of Australia has been lamenting the strength of the Australian dollar for a couple of months now. The Bank acknowledges AUD is not far from fundamentals (what they judge as fundamentals anyway) and also that there is nothing much in the way of intervention the Bank can do about the rising AUD. They... Read full article

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FX option expiries for Tuesday September 15 at the 10am NY cut

EUR/USD

  •  1.1830 823m euro amount
  •  1.1850 2.4bn
  •  1.1885 957m
  •  1.1910 637m
 USD/JPY
  •  105.00 1.1bn USD amount
  •  105.70 535m
  •  105.95 999m
  •  106.00 665m
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