Sunday, October 4, 2020

Asia-Pacific Wrap


ForexLive Asia FX news wrap: Eyes on Trump's health, apparent improvement boosts sentiment

Forex news for Asia trading for Monday 5 October 2020 Weekend and early Monday Asia was dominated by updates (and spin) on the progress of Trump's coronavirus treatment. The latest was Trump posting a Twitter video of himself appearing much improved and then a little later making a masked appearance outside the hospital in an SUV as part of a motorcade, from... Read full article


NEC nears a deal to buy Swiss banking software provider Avaloq (circa $2.2 bn deal)

Bloomberg report earlier: Avaloq provides banking software, particularly to private institutions looking to underpin their digital and wealth management platforms to customers such as Deutsche Bank, Barclays... Read full article


Federal Reserve FOMC September meeting minutes are due this week - preview

The Federal Open Market Committee met on September 15 and 16. the minutes from that meeting are due Wednesday October 7 A quick preview via Scotia, in summary (bolding mine):... Read full article


Not FX, but a useful read on how COVID-19 appears to spread - an overlooked variable?

An interesting (albeit long) read from The Atlantic titled: T Check it out at that link above.... Read full article


Coming up on Tuesday - Fed Chair Powell speaking

Federal Reserve System Chair Powell speaks to the National Association for Business Economics.... 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
For bank trade ideas, check out eFX Plus 
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