Month: July 2018

• 
  USD/JPY is having a look at the topside as sentiment improves

  ...I'm skeptical of a mid-day rally USD/JPY is approaching the weekly high of 110.49 that was set early yesterday. The gains come as the S&P[...]
  2018-07-02 06:21:06

---

• 
  USDMXN falls over 2% on the day

  Technical selling is helping to strengthen the MXN The USDMXN stalled near the 38.2% of the move up from the April 17 low at 19.8033[...]
  2018-07-02 06:21:06

---

• 
  It's a torture-chamber for gold bulls

  The selling is relentless Another day, another decline in gold. Each day the story changes a bit; risk-on, risk-off; dollar up, dollar down; but the[...]
  2018-07-02 06:21:06

---

• 
  Nasdaq had a nice bounce off support today

  50 day MA and 38.2% retracement The Nasdaq index is up about 65 points or 0.87% today at 7509. It reached a high of 7526[...]
  2018-07-02 06:21:06

---

• 
  Forex option expiries coming up Friday 8 June 2018

  FX options of size close to market for the 10 am New York cut today (1400GMT) EUR/USD - 1.1650 EUR 953m USD/JPY - 109.00 USD[...]
  2018-07-02 02:51:53

---

• 
  USD/JPY back under 110 … levels to watch on downside

  Next round of bids for USD/JPY 109.75/85 more to come  
  2018-07-02 02:51:53

---

• 
  China - CASS researcher nominates the level for USD/CNY that will worry the PBOC

  Says if USD/CNY rises to 6.7, it would worry the PBOC The Bank may respond by: - suspending the operation of devaluing yuan - take[...]
  2018-07-01 22:12:56

---

• 
  Bank responses to the BoC Governor Poloz speech, Q&A, press conference

  Adam (and Greg) was (were) all over the appearances from Bank of Canada Governor Poloz today: This now coming in, from TD (bolding mine):  [...]
  2018-07-01 22:12:56

---

• 
  PBOC sets USD/ CNY reference rate for today at 6.5960 (vs. yesterday at 6.5569)

   People's Bank of China cuts the CNY mid rate again (i.e. higher USD against the onshore yuan), weakest since December 20 last year  - At[...]
  2018-07-01 22:12:56

---

• 
  USD/CNY continued its big surge again today - some thoughts on where to next

  Some thoughts from around the place on the yuan weakness SG: - USD/CNY in the past week is "clearly a trial balloon" (in response to[...]
  2018-07-01 22:12:56

---