A big best of estimates for the trade surplus – expected surplus 900m AUD – previous was 827m AUD surplus Exports +3.0% m/m (prior +4.0%) Imports -1.0%m/m (prior +3.0%)
A couple of preview posts ICYMI: ForexLive
Wow! A yuan appreciation from the PBOC today. PBOC skips open market operations today, for a 10th consecutive day – 30bn yuan of RRs mature – thus a net drain of 30bn yuan
FX option expiry for the 10am NY cut today EUR/USD – 1.1500 EUR amounts listed 1.9bn – 1.1600 606m – 1.1610 510m – 1.1625 683m – 1.1650 848m – 1.1705 522m USD/JPY USD amount
Stay tuned ladies and gentlemen, the reference rate setting is due just after 0115GMT Confirmation the US is pondering 25% tariffs should be enough to prompt the PBOC to cut the value of the yuan again
Your trading discussion thread Please add to the trade ideas duscussion that you’ve kicked off during Asia, with any that you’d like to share and discuss with fellow ForexLive traders.
Without any further ado, under 111.40 Take a quick squiz at a chart and you’ll say, ‘yeah, makes sense’. Short-term USD/JPY buyers have stops under 111.40.
European Session ForexLive Good morning/afternoon/evening ForexLive. Welcome to the start of our European session coverage for this Thursday. We’ve obviously got in terms of live coverage, but I’ve got a slew of charts to share and themes to discuss as the day goes on.
The BOJ said its OK for JGBs to trade in a wider range Did they jump or were they pushed though? 10yr JGB (chart is a little dated, its currently above 149.95 but you get the idea … 10yr yield highest since February of 2017 ):
Forex and Bitcoin news for Asia trading Thursday 2 August 2018 I am really clutching at straws placing that in the headline. Currency movement was tiny here for the session so far.