Sunday, November 1, 2020

Asia-Pacific Wrap


ForexLive Asia FX news wrap: UK to head back into lockdown this week

Forex news for Asia trading for Monday 2 November 2020 Weekend GBP opened lower early here in Asia with weekend news that UK PM Boris Johnson had relented and ordered a nationwide lock down. You'll recall that for months Johnson was adamant he would not do so. Johnson cited the mounting new daily case count and said the new restrictions, to be in place... Read full article


NBC says the White House will have a 'non-scalable' wall built around it for election day

NBC citing an unnamed federal law enforcement source Something like this I guess, but higher?... Read full article


The HK dollar has lost some ground today - HKMA sees no need to adjust USD peg

Deputy Chief Executive Yuen of the Honk Kong Monetary Authority (the 'central bank' of HK) I posted last week on the HKD weakening after many months of sitting on its ceiling.... Read full article


RBC says gold should get a boost from possible post-election turmoil

Analysts at Royal Bank of Canada are advising investors to prepare for extended US election uncertainty Gold has already gained $10 from its lows earlier in the session - as I posts though its a couple of dollars off that high.... Read full article


RBA November monetary policy meeting decision due Tuesday 3rd - preview

Reserve Bank of Australia preview - the consensus expectations are for: Back on October 15 RBA Governor Lowe spoke on the Bank's shift on inflation targeting:... Read full article

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FX option expiries for Monday November 02 at the 10am NY cut

EUR/USD

  •  1.1750 574m amounts listed are euro
  •  1.1795 733m
 USD/JPY
  •  104.50 440m USD
 GBP/USD
  •  1.2960 239m gbp
  •  1.3000 223m
  •  1.3100 1.2bn
 USD/CAD
  •  1.3300 662m USD
 NZD/USD
  •  0.6600 265m NZD
 EUR/GBP
  •  0.8900 2.1bn euro
  •  0.9000 1.5bn
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