Wednesday, October 14, 2020

Asia-Pacific Wrap


ForexLive Asia FX news wrap: RBA Gov Lowe sends AUD lower

Forex news for Asia trading for Thursday 15 October 2020 The Australian dollar was an early mover in the timezone, falling on the back of remarks from Reserve Bank of Australia Governor Lowe. Lowe shifted to a more dovish stance, committing again to not raising the Bank's cash rate until inflation is sustainably in the 2-3% range. Further, he gave indications that more... Read full article


UK Times: Johnson's chief negotiator will tell the PM not to walk out of Brexit trade talks

Run? OK, kidding. UK Chief Brexit Negotiator Frost says deals covering security and fishing are possible over the next two weeks. advised Johnson that a deal with the EU was not impossible... Read full article


China says the US is seriously undermining peace and stability in the Taiwan Strait

Tensions over Taiwan again - China urges the US to stop provocative words and actions in the Strait. - China will resolutely defend territorial integrity and maintain peace and stability in the Strait What has stoked this most recently is the passage of a US Navy ship through to body of water on Wednesday.... Read full article


On the lookout for some risk off news - currencies and S&P off

US equity index futures dropped sharply and are extending their losses. S&P and NASDAQ both off Currencies also a little weaker against the USD. Apart from what has been posted there is nothing fresh for news.... Read full article


US President challenger Biden campaign has nearly half a billion $ in campaign cash

The Biden campaign have announced they raised more than $380m in September, and they now have more than $430m in campaign cash on hand. $430m is chunky amount with less than 3 weeks to go. Polls continue to indicate a Biden victory, the cash buffer gives scope for a saturation spend should the polls narrow.... Read full article

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FX option expiries for Thursday October 15 at the 10am NY cut

EUR/USD

  •  1.1675 564m EUR
  •  1.1695 648m
  •  1.1800 1.1bn
  •  1.1850 587m
  •  1.1870 586m
 USD/JPY
  •  104.00 521m USD
  •  104.60 353m
  •  104.80 565m
  •  104.85 1.0bn
  •  105.00 1.1bn
  •  105.10 502m
  •  105.20 462m
  •  105.25 2.2bn
  •  105.30 639m
  •  106.05 944m
  •  106.25 412m
  •  106.30 475m
  •  106.50 537m
 GBP/USD
  •  1.2980 616m GBP amount
  •  1.3100 451m
 NZD/SUD
  •  0.6600 421m NZD
  •  0.6700 382m
 EUR/GBP
  •  0.9140 397m EUR
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