Comments by ECB president, Christine Lagarde
here
here
here
here
Schlagwort-Archiv: GBP
Dollar gains some modest ground on the session
EUR/USD testing waters below 1.1800 once again
The dollar is advancing slightly on the session, as we see EUR/USD start to move back towards the 1.1800 handle as the pair falls to a session low of 1.1795.
The dollar is advancing slightly on the session, as we see EUR/USD start to move back towards the 1.1800 handle as the pair falls to a session low of 1.1795.
Heads up: UK jobs report to likely reflect higher unemployment after ONS methodology change
ONS announced a revision to their methodology in capturing the jobs data
announcement
So, this will be a heads up to the jobs report for August tomorrow, where the unemployment rate is expected at 4.3% – in case the reading comes quite far off that.
announcement
So, this will be a heads up to the jobs report for August tomorrow, where the unemployment rate is expected at 4.3% – in case the reading comes quite far off that.
Heads up: ECB president Lagarde due to speak later today
Lagarde will be participating in a virtual event hosted by the IMF
She will be speaking as part of the IMF’s ‚Governor Talk‘ series, where she will be discussing about the post-pandemic landscape and challenges for policymakers in Europe. The event is scheduled for 1100 GMT later today.
She will be speaking as part of the IMF’s ‚Governor Talk‘ series, where she will be discussing about the post-pandemic landscape and challenges for policymakers in Europe. The event is scheduled for 1100 GMT later today.
MUFG trade of the week: Sell EUR/AUD
Trade idea from Mitsubishi UFJ
MUFG recommends selling EUR/AUD with a target of 1.5900 and a stop at 1.6700. The pair closed the week at 1.6333.
„We are recommending a short EUR/USD trade idea to reflect in part the recent divergence in the spread of COVID-19 which will have implications for relative economic performance going forward,“ analysts
MUFG recommends selling EUR/AUD with a target of 1.5900 and a stop at 1.6700. The pair closed the week at 1.6333.
„We are recommending a short EUR/USD trade idea to reflect in part the recent divergence in the spread of COVID-19 which will have implications for relative economic performance going forward,“ analysts
France reports 26,896 coronavirus cases for the day – a new daily record. Positive rate is over 10%.
A record daily raise in the number of newly confirmed COVID-19 cases for France.
Elsewhere in Europe:
A few updates … sheesh … not good news.
Elsewhere in Europe:
A few updates … sheesh … not good news.
PBOC has lowered the reserve requirements on some forward yuan FX trading. Intervention on yuan strength?
The People’s Bank of China has cut the requirement to zero for some forward FX.
When a financial institution sells USD against yuan to clients some of these deals will be cut to a 0% reserve requirement, from 20% previously
When a financial institution sells USD against yuan to clients some of these deals will be cut to a 0% reserve requirement, from 20% previously
Stocks close at the highest level since September 2. Dow closes positive for the year
Indices close near the highs for the day
Highlights for the day include
Highlights for the day include
The final numbers are showing:
Forexlive Americas FX news wrap: Oh Canada! Canada employment number surprise
Forex
news for North American trading on October 9, 2020.
Oh Canada! The US
employment data was released last Friday, so Canada had all the
attention to itself today when they released their jobs report for the
month of September. The numbers did not disappoint. The net
change in employment rose by 378.2K vs. expectations of
150K. Most of the job gains were in full-time employment with a
gain of 334K (vs. 205.8 K last
news for North American trading on October 9, 2020.
Oh Canada! The US
employment data was released last Friday, so Canada had all the
attention to itself today when they released their jobs report for the
month of September. The numbers did not disappoint. The net
change in employment rose by 378.2K vs. expectations of
150K. Most of the job gains were in full-time employment with a
gain of 334K (vs. 205.8 K last
Trump to host in-person event Saturday at the White House
2- weeks after Super Spreader event
Pres. Trump is hosting an in-person „law and order“ event Saturday at the White House. The meeting would be 2-weeks to the day from the so called „super spreader“ event to introduce Amy Coney Barrett as the SC nominee. I would assume there would be a better social distance protocol,
Pres. Trump is hosting an in-person „law and order“ event Saturday at the White House. The meeting would be 2-weeks to the day from the so called „super spreader“ event to introduce Amy Coney Barrett as the SC nominee. I would assume there would be a better social distance protocol,