Wednesday, September 9, 2020

Asia-Pacific Wrap


ForexLive Asia FX news wrap: Small drift up for EUR, ECB due later today

Forex news for Asia trading Thursday 10 September 2020 Its a big session up on Thursday during EU/UK time with the ECB meeting (followed by President Lagarde's press conference) as well as an extraordinary meeting of EU-UK Joint Committee where the Union will seek clarification from the UK on their intentions on the Withdrawal Agreement.... Read full article


Asia FX intervention reported

The Indonesian central bank (Bank Indonesia)is reportedly intervening in the market to support the rupiah. Markets in the country have been sold off on the back of the central government in Jakarta reintroducing coronavirus control restrictions in response to a surge in infections, placing the capital's health system under elevated strain.... Read full article


Gold to consolidate, higher time frame trend is still higher

Via a note from Credit Suisse (this in brief), gold outlook:... Read full article


Australia's largest population state NSW - government in 'turmoil' over withdrawal of support

Local media here in Australia, ABC reporting on NSW, most populous state: What a bizarre turn of events. The National Party are the junior coalition partner in the state's government. The Nationals are in disagreement with the Liberal Party (the senior coalition partner) over ... (OK, you are not going to believe this but its true)... Read full article


South Korea - "first time a non-European nation sold euro-denominated bonds with a negative yield"

Yonhap with that headline, the South Korean media nothing the country's sale of USD denominated bonds also: Yonhap citing the finance ministry saying issuance was for its foreign exchange stabilization scheme.... Read full article

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FX option expiries for Thursday September 10 at the 10am NY cut

EUR/USD

  •  1.1700 587m euro amount
  •  1.1780 1.0bn
  •  1.1790 517m
  •  1.1800 740m
  •  1.1890 789m
 USD/JPY
  •  105.00 923m USD amount
  •  105.80 780m
  •  105.85 1.1bn
  •  106.00 1.9bn
  •  106.50 660m
  •  106.75 557m
  •  107.00 650m
  •  107.05 560m
  •  107.11 1.2bn
 GBP/USD
  •  1.2960 201m GBP amount
  •  1.3090 262m
 NZD/USD
  •  0.6600 312m NZD amount
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