Friday, September 11, 2020

European Morning Wrap


China reportedly takes unspecified countermeasures against US diplomats

Bloomberg reports, citing a statement by the Chinese foreign ministry here Yeah, I'm not sure 'unspecified countermeasures' is what is going to be the straw that breaks the camel's back. Carry on as you will.... Read full article


European Commission says will consider next Brexit steps after the end of the month

The EU will wait on the reaction of the UK by the end of the month deadline This, according to the bloc's executive saying that: "We are going to wait for the reaction of the UK by that deadline and we will consider next steps once we have reached that particular bridge. And in the meantime we... Read full article


ECB's Lagarde: Seeing uneven, incomplete, asymmetric recovery in Q3

Comments by ECB president, Christine Lagarde here... Read full article


EUR/USD sets its sight on 1.1900 again as buyers seize near-term control

EUR/USD moves to a session high of 1.1874 Dollar weakness is partially the story here but the euro is keeping up with gains seen in commodity currencies so far on the session, amid the more upbeat tone in US futures with S&P 500 futures up ~0.9% and Nasdaq futures up ~1.3%.... Read full article


Austria announces mask requirements again as virus situation 'is getting serious'

Austrian chancellor, Sebastian Kurz, says that the virus situation 'is getting serious' after another 664 reported cases yesterday The total active cases across Austria hit ~4,400 yesterday and that is the highest since 17 April, leading to fresh concerns over a second wave of infections in the country. Just be mindful that a similar trend is... Read full article

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Latest Forex Orders


FX option expiries for Friday September 11 at the 10am NY cut

EUR/USD

  •  1.1800 746m euro amount
  •  1.1850 1.0bn
  •  1.1900 901m
 USD/JPY
  1.  105.00 437m USD amount
  2.  106.00 508m
  3.  106.35 479m
  4.  107.00 351m
  5.  107.15 750m
 AUD/USD
  •  0.7200 694m AUD amount
 USD/CAD
  •  1.3220 972m USD amount

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