European Morning Wrap

BoE rate cut expectations to increase (and gold long update from last week) COVID-19 cases rise Last week the BoE revealed negative rates are now under consideration which opened up immediate GBP selling. Although the interest rates were kept unchanged at 0.10% it was the headline that the Bank of England said the MPC had been briefed on the the BoE's plans to explore how a negative bank rate... Read full article Trade ideas thread - European session 22 September 2020 Daily thread to exchange ideas and to share your thoughts Major currencies aren't doing a whole lot, but the dollar is holding on to its strong start to the week but it is looking to be a case of bend but don't break for the most part so far.... Read full article Germany's Braun: Border closures are not our first choice of response Comments by German chancellery minister, Helge Braun Braun is also seen as Merkel's chief of staff so this sheds some light into what sort of restrictions the government is considering amid the spread of the virus outbreak across the region in recent weeks.... Read full article Reminder: Fed's Powell to kick off three-day appearance later today Fed chair Powell will be testifying in Congress over the next three days His first appearance will be later at 1430 GMT but the speech details have already been released earlier (⬆️). Hence, the impact should be minimal but just be mindful of Powell's tone and if he does mention anything out of the ordinary when... Read full article It is too early to chase the reflation theme - Morgan Stanley Morgan Stanley argues that investors should be wary about betting on a catch-up in EM assets as the global backdrop becomes less supportive The firm says that current market environment is seeing the Fed no longer providing the same tailwinds for a weaker dollar, while the outlook for US fiscal stimulus remains uncertain and virus cases... Read full article Read The Full Feed Latest Forex Orders FX option expiries for Tuesday September 22 at the 10am NY cut EUR/USD  1.1770 659m euro amount  1.1800 837m  1.1820 1.0bn  1.1850 796m  USD/JPY  104.35 600m USD  104.48 500m  105.00 827m  105.20 629m  105.75 450m  105.90 1.0bn  106.00 354m  GBP/USD  1.2950 949m GBP  NZD/USD  0.6660 240m NZD 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

This email was sent to edwardlorilla1986.paxforex@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences ForexLive · 2216 Kawartha Heights Blvd · Peterborough, ON K9K1P4 · Canada