Tuesday, November 3, 2020

Americas Wrap


Here is what's on the economic calendar in Asia today (but most focus on incoming US election counts)

Welcome to Wednesday 4 November 2020 in Asia. It is reasonable not to place to much store on early election results incoming from the US: Also, if you watched my presentation at the ForexLive TradeOn summit a couple of months back you'll see real-time examples of institutional market-making FX in action today. You can expect FX... Read full article


Commodity currencies turn higher again as sentiment improves late

Few last-minute jitters We're into the final countdown now. When equity markets reopen tomorrow there's a decent chance the election is decided. Obviously, all the people piling into stocks in the past two days have been betting on a clear outcome rather than a contested one.... Read full article


UK Covid cases rise to 20,018 vs. 18,950 yesterday

Daily UK Covid statistics... Read full article


UK reports 20,018 new COVID-19 cases vs 18,950 a day ago

UK cases may be leveling off The UK lockdown may have come with cases already leveling off due to voluntary social distancing measures and other curbs. Cases are up from Monday but Mondays are always low due to weekend counting and testing issues. A better comparison is a week ago when they were at 23033.... Read full article


WTI crude oil futures settle at $37.66

Up $0.85 or 2.31% There are some conflicting news reports today impacting the price. One was Libya oil production has increased. On the positive side is that OPEC+ is looking toward extending cuts 6 months to offset potential demand declines due to Covid.... Read full article

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Latest Forex Orders


FX option expiries for Tuesday November 03 at the 10am NY cut

EUR/USD

  •  1.1650 622m euro amount
  •  1.1725 585m
 USD/JPY
  •  105.00 425m USD amount
  •  105.49 1.1bn
 GBP/USD
  •  1.2850 684m GBP
  •  1.3000 456m
 AUD/USD
  •  0.7000 686m AUD amount
 EUR/GBP
  •  0.9000 720m euro amount
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