Asia-Pacific Wrap

ForexLive Asia FX news wrap: Currencies catch a bid against the USD Forex news for Asia trading Monday 21 September 2020 After opening weak US equity index futures on Globex recovered, currencies followed along on the rise like obedient dogs. EUR, GBP, AUD, CAD, NZD are all higher against the dollar as I update. The ranges have not been large but for Asia they are OK sort of moves.... Read full article Social media rumours that Saudi Arabia King Salman is in critical condition Salman bin Abdulaziz Al Saud is King of Saudi Arabia He is 84 years old and said to be in ill health. Social media mill grinding out the rumours he is in critical condition.... Read full article Goldman Sachs tips value shares as better bet on a Covid-19 vaccine than cyclicals This via a Bloomberg piece from GS: As for timing, this: Here is the for more Bloomberg link... Read full article China 1 and 5 year LPR set at 3.85% and 4.65% respectively The LPR is the Loan prime Rate, set in reference to the rate on the PBOC's medium-term lending facility (MLF) Previous monthly setting : No change today.... Read full article Global Times editor Hu Xijin's threatens a war on Australia Posted on Chinese social media site Weibo, according to Australian journalist Bill Birtles who recently fled China: Keeping an eye on the Global Times is a good guide to official China outlook - obviously strains between China and the US & allies are not diminishing.... Read full article Read The Full Feed Latest Forex Orders FX option expiries for Monday September 21 at the 10am NY cut A light one ahead,  USD/JPY strike 105.90 for amount 510m USD For bank trade ideas, check out eFX Plus  All Forex Orders Cryptocurrency Technical Analysis Education Economic Calendar Forex Brokers Are you subscribed to our events? Join now and get informed Subscribe Connect with us on your favorite social network

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