Asia-Pacific Wrap

ForexLive Asia FX news wrap: Awaiting the RBA Forex news for Asia trading for Tuesday 6 October 2020 Ranges for major FX rates stayed in small ranges here during the Asia session with very little news nor data flow. In addition, China remained on holiday (Chinese markets return on Friday, October 9).... Read full article Comments on Australia's trade balance data for August The data is here from earlier, exports lower than expected while imports were higher than expected: Comments (in brief) via Westpac: Imports were impacted by supply disruptions earlier in the year and weaker demand in Australia due to the initial lock-down.... Read full article Australian government budget will be released after the RBA decision on Tuesday - preview The RBA is at 0330 GMT on Tuesday 06 October 2020 with the budget announcement following at 0830GMT. The budget speech will be delivered by Treasurer Josh Frydenberg, comments from him ahead of the speech indicate his main focus is on creating jobs.... Read full article RBA monetary policy announcement due at 0330GMT - preview (spoiler - on hold) Reserve Bank of Australia Governor Lower will provide his statement alongside the decision at the same time. There is no press conference. There never is, but folks do ask me from time to time.... Read full article RBA emails reveal COVID-19 economic fears, confusion Here's an interesting read while we await the Reserve Bank of Australia meeting finishing today. Local Australian media: LInk here. I don't imagine the scenes were much different in policy-setting institutions around the globe. Not many people had a complete handle on what was going on back in February-March as the you-know-what was hitting the fan.... Read full article Read The Full Feed Latest Forex Orders FX option expiries for Tuesday October 6 at the 10am NY cut EUR/USD  1.1725 797m euro  1.1800 597m  1.1820 967m  1.1845 589m  USD/JPY  104.75 620m USD  105.00 1.1bn  105.05 750m  105.50 441m  105.75 519m  106.00 1.2bn  106.15 508m  106.40 390m  GBP/USD  1.3000 284m GBP amount  1.3010 205m  1.3100 250m  AUD/USD  0.7250 723m AUD  0.7270 521m  EUR/GBP  0.9085 418m euro 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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