Monday, October 5, 2020

Americas Wrap


Gasparino: Senate sources still say Senate approval doubtful

It will come down to McConnell Here's the thing: This deal isn't going to need all Republican Senators to support it. If it's supported by Democratic leadership, you only need a few Republicans to vote for it.... Read full article


Here is what's on the economic calendar in Asia today - RBA day

Reserve Bank of Australia October monetary policy meeting today. 2100 GMT New Zealand Q3 Survey of Business Opinion 0330 GMT Reserve Bank of Australia announcement and accompanying statement from Governor Lowe... Read full article


The bond market is signaling that another round of US stimulus is coming

30-year yields are nearing to highest since June US 30-year yields touched 1.58% today, edging above the mid-June and late-August highs. This is mostly about a stimulus package that's going to approach $2 trillion dollars. It's not just the increased debt supply will come with that but the inflation impulse on spending of another $1200, greater unemployment... Read full article


Pelosi offers little on stimulus deal in TV appearance

Comments from House Speaker Nancy Pelosi: She spoke to a reporter afterwards and was asked if she expects a deal this week: "One way or another - depends on if they really want to crush the virus, honor our heroes and... Read full article


EURJPY runs to 200 bar MA on 4-hour/50% retracement

High for the day tests key technical levels. The EURJPY is up strongly to start the week off. The range for the day reached 144 pips. The average over the last 22 days has been 89 pips.... Read full article

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Latest Forex Orders


FX option expiries for Monday October 5 at the 10am NY cut

EUR/USD

  •  1.1700 1.1bn euro amount
  •  1.1730 760m
  •  1.1870 843m
 USD/JPY
  •  104.05 360m USD amount
  •  104.50 450m
  •  105.00 1.3bn
  •  105.80 461m
 AUD/USD
  •  0.7160 535m AUD amount
  •  0.7230 628m
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