Via Reuters
Schlagwort-Archiv: GBP
Reasons for more EURCHF downside
via Bloomberg
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Seeing the rise in SNB deposits makes me think the SNB face another uphill battle to keep the EURCHF pair supported
An article from Bloomberg just out supports the same outllook seeing downside ahead for the EURCHF. Here is the rationale:
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Seeing the rise in SNB deposits makes me think the SNB face another uphill battle to keep the EURCHF pair supported
An article from Bloomberg just out supports the same outllook seeing downside ahead for the EURCHF. Here is the rationale:
China health official says China has officially launched emergency use of COVID19 vaccines
Coronavirus weekend news – Chinese media, Global Times, reports via Twitter that an official at the country’s National Health Commission:
GT also report on a more than 20,000 person phase III clinical trial in the UAE of Sinopharm’s COVID19 vaccine
GT also report on a more than 20,000 person phase III clinical trial in the UAE of Sinopharm’s COVID19 vaccine
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Forexlive Americas FX news wrap: US existing home sales surge
Forex news for North American trading on August 21, 2020
Data on the US came out better-than-expected today, with the housing rebound continuing. The existing home sales data for July (accounts for 90% of US housing transactions) rose to 5.86 million vs. 4.70 billion in the previous month and above the estimate of 5.41 million. The
Data on the US came out better-than-expected today, with the housing rebound continuing. The existing home sales data for July (accounts for 90% of US housing transactions) rose to 5.86 million vs. 4.70 billion in the previous month and above the estimate of 5.41 million. The
Big week ahead, the Fed’s Jackson Hole Symposium (Powell will speak)
Jackson Hole is the focus, its a virtual meeting so there will be no back-room deals (or poker games).
Earlier previews of the event:
The theme of the symposium is:
Earlier previews of the event:
The theme of the symposium is:
CFTC commitment of traders: EUR longs remain near record levels
Weekly FX speculative positioning data from the CFTC
– EUR long 197K vs 200K long last week. Longs trimmed by 3K
– GBP long 7K vs 3k short last week. Positioned reversed to long.
– EUR long 197K vs 200K long last week. Longs trimmed by 3K
– GBP long 7K vs 3k short last week. Positioned reversed to long.
S&P and NASDAQ index close at record highs
Dow industrial average leads the way
The final numbers are showing:
For the week, the NASDAQ led the way. The Dow industrial average ended the week unchanged.
The final numbers are showing:
For the week, the NASDAQ led the way. The Dow industrial average ended the week unchanged.
Texas Covid cases rise by 5023 vs. 4923 yesterday
Texas COVID
statistics
The Texas Covid cases rose by 5023 vs. 4923 yesterday. Looking at the chart below, the daily case count has been moving slowly back to the downside after peaking above 12,000 in July.
statistics
The Texas Covid cases rose by 5023 vs. 4923 yesterday. Looking at the chart below, the daily case count has been moving slowly back to the downside after peaking above 12,000 in July.
Dollar strongest against the GBP and the EUR
USD gains
The USD has gained most against the GBP and the EUR after weak European PMI’s and the usual Brexit doom and gloom.
The US PMI due later will be key for the next turn in the dollar as European traders start to head for lunch.
The USD has gained most against the GBP and the EUR after weak European PMI’s and the usual Brexit doom and gloom.
The US PMI due later will be key for the next turn in the dollar as European traders start to head for lunch.
Forexlive European FX News 21 Aug – Weak flash PMI’s send EURUSD tumbling + Brexit woes drag on cable
USD strength
Other markets
– FTSE: -0.09%
– Euro Stoxx:-0.10%
– Dax: -0.6%
– Gold: -0.68%
– Bitcoin: -1.13%
The session started with a positive handover from Asia .
Other markets
– FTSE: -0.09%
– Euro Stoxx:-0.10%
– Dax: -0.6%
– Gold: -0.68%
– Bitcoin: -1.13%
The session started with a positive handover from Asia .