| |  |
- USD/JPY fledgling rally stalls
- Greek May unemployment 16.6%
- The Bank of England’s growing pains
- EUR/CHF continues to rally
- Japan MOF official: Declines to comment on whether Japan intervened in forex market
- European central bank buying Italian and Spanish bonds
- USD/JPY rallies back
- SNB’s Jordan: SNB able to peg franc to euro for limited period – Bloomberg
- FX option expiries for 14:00 GMT cut
- EUR/USD ticks higher
- Euro stoxx 50 futures rise +2%
- German July wholesale prices -0.6% m/m, +8.2% y/y
- The Fed is a rogue elephant
- European stocks set to open nicely higher
- SNB Jordan: Temp measures to influence FX rate compatible with mandate
- ForexLive Asian market wrap
- China and other ACBs bought AUD/USD from earlier lows
- China seen buying AUD
- AUD/USD still gaining as shares recoup losses
- AUD/USD straight back up to 1.0200
| USD/JPY fledgling rally stalls Posted: Bummer. USD/JPY has drifted back, presently at 76.48. Large hedge fund seen selling into this mornings’ rallyette. Sean overnight mentioned decent buy orders around 76.25 and more clustered 76.00/10. Guess protecting 76.00 barrier option interest. Sell stops below there. |
| Posted: Up from 15.8% in April |
| The Bank of England’s growing pains Posted: Alen Mattich in the WSJ. |
| Posted: Presently at 1.0480. Move comes amid speculation the SNB could possibly move to peg the franc to the euro after comments from SNB’s Jordan. Also talk that SNB will impose a 1% charge on bank deposits from as early as next week. The SNB has declined to comment on this rumuor. |
| Japan MOF official: Declines to comment on whether Japan intervened in forex market Posted: Little tease |
| European central bank buying Italian and Spanish bonds Posted: Alrighty then!!! Well not quite as tranquil as I’d have liked, but a vaste improvement on the recent happy horseshit we’ve been seeing. Keep up the good work. Nice and easy does it |
| Posted: Japanese trust bank seen notable buyer. We’re up at 76.70 from session low 76.29. UPDATE: I’ve deleted the close link to BOJ bit, I misread my message. |
| SNB’s Jordan: SNB able to peg franc to euro for limited period – Bloomberg Posted: In an interview with Tages Anzeiger newspaper Jordan said it would be possible to peg the franc to the euro for a limited period to counter currency gains saying “Any temporary measures to influence the exchange rate are permissible under our mandate as long as these are consistent with long-term price stability.” |
| FX option expiries for 14:00 GMT cut Posted: EUR/USD: 1.4200, 1.4250, 1.4300 USD/JPY: 76.00 (large) , 77.00, 77.10, 77.60, 77.75 EUR/JPY: 109.00, 111.20, 114.0 Cable: 1.6325, 1.6335, 1.6450 Aussie: 1.0000, 1.0300, 1.0335, 1.0435, 1.0520 Kiwi: .8200, 8085 |
| Posted: As european stock futures point to a robust opening. EUR/USD sits at 1.4265 having been as high as 1.4270 so far. Talk of sell orders clustered up at 1.4290/00 (1.4295 is 61.8% fibbo retracement of 1.4402-1.4122 fall) Buy stops seen gathering up in 1.4310/15 area. |
| Euro stoxx 50 futures rise +2% Posted: DAX +2.4%, CAC 40 +2.6%. |
| German July wholesale prices -0.6% m/m, +8.2% y/y Posted: |
| Posted: Love him or loathe him. Latest from AEP at The Telegraph. |
| European stocks set to open nicely higher Posted: Financial bookies see DAX up as much as 1.6%; FTSE up as much as 1.3% and CAC 40 up as much as 1.4%. Euro zone data thin on the ground today: 06:00 GMT: German wholesale price index for July 08:00 GMT: ECB publishes monthly report I demand a day of relative tranquility today. I will [...] |
| SNB Jordan: Temp measures to influence FX rate compatible with mandate Posted: Can ease monetary policy further without intervening Reuters quoting newspaper reports |
| Posted: Australian unemployment rate rises to 5.1% from 4.9%, increasing liklihood of a rate cut by the RBA next month China fixes the Yuan below 6.4000 for first time and rumours swirl of a pending widening of the band Gold: CME raises margin requirements Gold traded at record high $1817/oz Japanese officials ratchet up verbal intervention [...] |
| China and other ACBs bought AUD/USD from earlier lows Posted: I’m trying to figure out what was behind the buying but there were a few Asian Central Banks buying AUD/USD after the employment data with China again the most prominent. Elsewhere the Gold price has started to fall as risk aversion eases, now down to $1784/oz after earlier record highs above $1815. |
| Posted: No info yet on overall amounts |
| AUD/USD still gaining as shares recoup losses Posted: AUD/USD now up to 1.0240. Next technical resistance seen around 1.0290 |
| AUD/USD straight back up to 1.0200 Posted: If its volatility you’re after, then you can’t complain. AUD/USD fell to 1.0108 after the jobs data and has jumped 100 pips in a matter on minutes. Liquidity is obviously poor. EUR/USD has also caught an updraft with the low USD/CNY fix turning USD sentiment bearish in Asia |
No comments:
Post a Comment