Forex news for North American trading on September 18, 2020:
Markets:
– Gold up $6 to $1950
– WTI crude oil down 4 cents to $40.93
– US 10-year yields up 0.6 bps to 0.695%
Quadruple witching was the buzz on Friday and selling equities was the trade. They opened higher initially but fell shortly after the open for a

NZD was also strong
The yen was the top performer this week while the kiwi lagged. On its face, that fits in nicely with the ‚risk off‘ theme but the old risk on/off paradigm hasn’t applied for a long time. Neck-and-neck with the yen as the top performer was the New Zealand dollar.

Comments from the London mayor
One lockdown is tough, but people endure. A second lockdown is depressing. Now I don’t think we’re going to see a March-style lockdown anywhere but I wouldn’t feel too great about being a pub owner.

Weekly commitments of traders data for the week ending September 15, 2020
– EUR long 179K vs 198K long last week. Longs decreased by 19K
– GBP long 2K vs 13k long last week. Longs decreased by 11K

S&P leads the way to the downside today
The final numbers are showing:
For the week, each of the major indices close lower:

First time since 2017, via Bloomberg
Aside from Dec 2020 contract implied yields on all of short sterling contracts out to September 2023 are below zero with 2 and 5 yr gilt yields also having negative yields. 

What’s the market mood?
Sentiment analysis is simply understanding the current mood of the market.  
The market, like a person, is subject to different moods. Correctly reading the market’s mood is crucial in making profit. Now, if you misread a person’s mood you may end up accidentally feeling the effect of a person’s bad mood 

NZD

NZD leads the way 
Other markets
– FTSE -0.16%
– Euro Stoxx +0.08%
– Dax +0.35%
– CAC -0.22%
– Gold +0.42%
– US oil +0.27%
The session started with USD weakness helping push the major pairs up. The day promised potential volatility with quadruple witching in play, but that was illusory.   

S2 daily pivot below
Approaching next target around 104.18