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.
Schlagwort-Archiv: GBP
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,
USDCHF trends lower with the dollar’s move
Range is above the average range
The USDCHF as trended lower with the dollars move lower today. The range today has been an extended 75 pips. That is 21 pips above the average trading range seen over the last 22 trading days.
The USDCHF as trended lower with the dollars move lower today. The range today has been an extended 75 pips. That is 21 pips above the average trading range seen over the last 22 trading days.
CFTC commitments of traders: EUR longs lowest since end of July
CFTC commitments of traders data for the week ending October 5, 2020
– EUR long 174K vs 188K long last week. Longs trimmed by 14K
– GBP short 11K vs 13k long last week. Shorts trimmed by 2K
– EUR long 174K vs 188K long last week. Longs trimmed by 14K
– GBP short 11K vs 13k long last week. Shorts trimmed by 2K
Brexit: Germany reportedly taking hard stance on fishing rights
Der Spiegel reports on the matter
In terms of actual developments, this isn’t anything too new as it mainly reaffirms the EU’s stance over the past week or so.
In terms of actual developments, this isn’t anything too new as it mainly reaffirms the EU’s stance over the past week or so.
ForexLive European FX news wrap: Dollar softer as equities stay firmer
Forex news from the European trading session – 9 October 2020
Headlines:
Markets:
– NZD leads, USD lags on the day
– European equities a little higher; E-minis up 0.5%
Headlines:
Markets:
– NZD leads, USD lags on the day
– European equities a little higher; E-minis up 0.5%
Gold keeps 1% gains on the day but faces key resistance levels to end the week
Gold gains alongside stocks as the dollar slips
Gold is keeping in a good spot as buyers are holding gains above $1,900 but from a technical perspective, there is more work to be done for the upside momentum to continue beyond the gains so far today.
Gold is keeping in a good spot as buyers are holding gains above $1,900 but from a technical perspective, there is more work to be done for the upside momentum to continue beyond the gains so far today.