Thursday, October 1, 2020

Americas Wrap


Here is what's on the economic calendar in Asia today - Friday 2 October 2020

Eyes and ears are on sentiment shifting news - like US stimulus progress, or not. Even Japan is getting into the swing. 2200 GMT New Zealand - ANZ Consumer Confidence Index for September... Read full article


Gold rebounds today to the midpoint of the last move lower

50% at $1911.20 The price of gold rebounded today, helped by a lower dollar and some technical buyers. The price at the lows tried to extend below the 200 hour MA in the early hours of the day, but could not sustain momentum (green line). The subsequent move higher was able to extend back above the 38.2%... Read full article


EUR/USD: 1.15 test likely if range breaks - SocGen

Meanwhile Credit Suisse sees 1.1804 as the top Societe Generale Research flags a scope for EUR/USD and GBP/JPY to break lower during this month. "The EU is sending the UK a formal infringement notice after the internal market bill went to the House of Lords. Both sides want a de minimus trade deal agreed before the... Read full article


Crude oil futures settle at $38.72

Down -$1.50 or -3.73% After closing back above its 100 day moving average yesterday (currently at $39.77), the price move back below the moving average. Stay below keeps the bears more in control. On the downside the next target is the 38.2% of the move up from April. That comes in at $36.56 and is also near... Read full article


It's October: Time to start poll watching

It's election season now We've resolutely tried to avoid poll watching for the past year but it's October now and the election trade is on. I expect hopes for a stimulus plan to die today and that raises the stakes in the election. A blue sweep would mean a large stimulus package in January while a Republican... Read full article

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Latest Forex Orders


FX option expiries for Thursday October 01 at the 10am NY cut

EUR/USD

  •  1.1600 2.9bn EUR amount 
  •  1.1650 679m
  •  1.1680 1.2bn
  •  1.1685 804m
  •  1.1700 656m
  •  1.1750 525m
  •  1.1775 561m
  •  1.1800 1.5bn
 USD/JPY
  •  105.00 1.3bn
  •  105.30 760m
  •  105.50 399m
  •  105.70 705m
  •  105.80 699m
  •  105.90 575m
  •  106.10 379m
  •  106.15 456m
  •  106.60 360m
  •  106.70 365m
 GBP/USD
  •  1.3000 284m GBP
 AUD/USD
  •  0.7150 751m AUD
  •  0.7170 524m
 EUR/GBP
  •  0.9000 376m euro amount 
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