USD awakens, placing GBP/USD on the backfoot, while EUR/GBP cracks 0.90.
Archiv für den Monat: Oktober 2020
November central bank overview
Major central bank rundown
The central banks are listed below with their current state of play. The link for each central bank is included under the title of the bank and the next scheduled meeting is in the title too.
The central banks are listed below with their current state of play. The link for each central bank is included under the title of the bank and the next scheduled meeting is in the title too.
China official PMIs for October: Manufacturing 51.4 (vs expected 51.3) Services 56.2 (expected 56.0)
The manufacturing PMI fell from September but not by as much as expected (central median estimate).
Official Purchasing Manager’s Index (PMI) from China’s National Bureau of Statistics.
Official Purchasing Manager’s Index (PMI) from China’s National Bureau of Statistics.
The major indices close lower but rebound into the close eases the pain
NASDAQ index leads the way to the downside
The major indices are closing lower on the day but did rebounded into the close which eased some of the downside pain.
The major indices are closing lower on the day but did rebounded into the close which eased some of the downside pain.
ForexLive Americas FX news wrap: Dollar climbs on month-end flows
Forex news for North American trade on October 30, 2020:
Markets:
– Gold up $12 to $1879
– US 10-year yields up 5 bps to 0.87%
– S&P 500 down 63 points to 3246
It was month-end and that added an extra wrinkle to an already-uncertain time. The result was a strong dollar bid into the London fix that was
Markets:
– Gold up $12 to $1879
– US 10-year yields up 5 bps to 0.87%
– S&P 500 down 63 points to 3246
It was month-end and that added an extra wrinkle to an already-uncertain time. The result was a strong dollar bid into the London fix that was
CFTC commitments of traders: EUR longs remain the major position in currencies
Forex futures positioning for the week ending October 27, 2020.
– EUR long 156K vs 166K long last week. Longs trimmed by 10K
– GBP short 7K vs 2K short last week. Shorts increased by 5K
– EUR long 156K vs 166K long last week. Longs trimmed by 10K
– GBP short 7K vs 2K short last week. Shorts increased by 5K