Monday, September 7, 2020

Asia-Pacific Wrap


ForexLive Asia FX news wrap: USD up a little on the day

Forex news for Asia trading Tuesday 8 September 2020 There was very little new information to go on during the Asian session on Tuesday, just a little more China tension playing out:... Read full article


Latest Australian weekly jobs data shows weaker jobs numbers again

Australian employment was lower by 0.4% over the month to August the 22nd. Job losses were notable in shutdown state of Victoria, but the rate of losses slowed. Payroll jobs fell by 2% in Victoria over the month to Aug. 22... Read full article


The US is considering a ban on cotton from China (Xinjiang province)

New York Times says the ban could be as soon as today (Tuesday) Ban in response to human rights concerns... Read full article


Japan economy minister Nishimura with optimistic comments on corporate spending

Nishimura trying to find some positives in the disastrous GDP data: (ICYMI: ) Japan Q2 GDP (final) -7.9% q/q Nishimura: Headlines via Reuters... Read full article


Australia August business confidence -8 (prior -14) & business conditions -6 (prior 0)

National Australia Bank Business survey Confidence is not as bad as it was. Conditions are a more objective measure and the August result shows a substantial deterioration in these, which is not too surprising given the harsh lockdown imposed on Australia's 2nd most populous city (Melbourne).... Read full article

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Latest Forex Orders


FX option expiries for Tuesday, September 8 at the 10am NY cut

EUR/USD

  •  1.1695 757m euro amount
  •  1.1815 511m
  •  1.1870 587m
  •  1.1895 552m
  •  1.1900 1.9bn
 USD/JPY
  •  106.00 795m USD amount
  •  107.00 1.4bn
 EUR/GBP
  •  0.9000 710m euro amount

For bank trade ideas, check out eFX Plus 
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