Asia-Pacific Wrap

ForexLive Asia FX news wrap: RBA speaker sends AUD lower again Forex news for Asia trading for Tuesday 20 October 2020 There was some early optimism (or blind faith, if you prefer) with late US headlines crossing that Pelosi and Mnuchin were 'narrowing their differences' and Senate leader McConnell promising a relief bill vote on Tuesday or Wednesday. Pretty soon Senate minority leader Schumer chimed in with comments that Republican proposals were unacceptable, soon followed by... Read full article As AUD falls away, Goldman Sachs on two things to watch out for an AUD rally Goldman Sachs on the Australian dollar, they have been recommending AUD longs but recognise Lowe's speech last week 'signalled imminent easing'... Read full article UBS on 3 reasons to like US equities In summary from a research note from UBS. We expect markets to remain more volatile than normal, notably into the US election, but we still think that investors should use this volatility to position for the higher stock prices we expect over the medium term.... Read full article Brexit - Reuters poll shows 40% chance of no UK_EU trade deal Reuters poll of 78 economists on expectations for developments in the UK: - median 40% chance there will be no EU-UK trade deal by end of the transition period (same as Sept poll)... Read full article China September new home prices +0.34% m/m (prior +0.56%) Averaging new home prices across such a vast market ... what a job. Of course results vary by city. Net effect is prices up on September at a slower rate than in August, slightly.... Read full article Read The Full Feed Latest Forex Orders FX option expiries for Tuesday October 20 at the 10am NY cut EUR/USD  1.1745 1.4bn euro amount   1.1790 721m  USD/JPY  105.00 760m USD amount  105.60 885m  105.90 424m  106.00 510m  106.35 550m  106.39 500m  106.44 1.3bn  AUD/USD  0.7050 643m AUD amount  USD/CAD  1.3200 515m USD amount  EUR/GBP  0.9150 484m euro amount  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

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