Asia-Pacific Wrap

ForexLive Asia FX news wrap: Some currency retracement in Asia Forex news for Asia trading for Friday 30 October 2020 After gains in the US timezone the US dollar gave some ground back here in Asia today. There was little in the way of impactful new news the FX moves were flow driven and of a retracing nature.... Read full article Japan has lowered its COVID-19 infection risk alert level for Australia, NZ and others Japan's Foreign Minister Motegi announces - Japan lowers infection risk advisory for China, 8 other countries to level 2 from level 3, telling its citizens to avoid non-urgent, non-essential trips, instead of instructing public not to take any trips... Read full article Two pro-democracy US NGOs to set up offices in Taiwan One of the non-government organisations (NGOs) are linked with the US Democratic Party, the other with the US Republican Party. Both receive partial funding from the US Department of State and the US Agency for International Development.... Read full article Senior China party official says complete decoupling between China and US is unrealistic Senior China Communist Party official Han Wenxiu says complete decoupling is unrealistic The CCP is conducting a press conference following the end of the plenum meeting. Many of the comments are vague and feel-good (will increase household consumption, tech innovation is vital ...along those lines). As I posted earlier, there will be no specific details from the... Read full article USD losing ground across the board, yuan heading higher again USD/CNH is a notable loser so far on the session but the dollar weakness is more widespread. China's plenum has ended and there is a press conference currently underway on it - while the plenum is where future plans are discussed there will not be much in the way of concrete policy proposals until next year.... Read full article Read The Full Feed Latest Forex Orders FX option expiries for Friday October 30 at the 10am NY cut EUR/USD  1.1700 649m EUR amounts listed  1.1750 1.2bn  1.1800 2.2bn  USD/JPY  104.00 1.4bn USD amounts  104.50 2.6bn  104.60 375m  104.80 502m  104.85 1.2bn  105.00 945m  106.00 501m  106.05 1.7bn  GBP/USD  1.2800 254m GBP  1.2965 201m  1.3000 398m  1.3100 363m  USD/CAD  1.3150 1.3bn USD 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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