I posted those for expiry today here earlier: A look ahead: Thursday July 26 – EUR/USD 1.1700 1.0bn EUR amount – NZD/USD 0.6800 NZD amount 1.8bn
Some of the remarks about the place ahead of more in depth analysis – strong disinflationary pulse – nontradeables inflation stable around 3% – tradeable inflation little changed And, one from the peanut gallery ….
The Australian dollar had been trading to session highs prior to the data Data is here Since the numbers though its fallen a few points: I did a bit of a summary of the influences on the AUD earlier:
Australia second quarter inflation, April to June 2018 Headline comes in at 0.4% q/q … lower than the consensus estimate Its the core measures that are the important ones, both in line with consensus.
This is the reference rate for the onshore yuan, CNY PBOC cracks it through 6.8 Weaker onshore yuan again today … weakest for the CNY since late June of 2017
Huh … so there is the first bit of the exciting news that has turned out unexciting …. uh oh 😀 ForexLive
Strap yourselves in ladies and gentlemen: as pointed out yesterday the with a planned buying operation People’s Bank of China with the onshore yuan reference rate for the day
The technical term is hump day options, of course EUR/USD – 1.1700 EUR 927m – 1.1750 1.0bn USD/JPY – 109.85 $ 400m – 111.84 400m – 111.90 402m AUD/USD – 0.7400 AUD 680m USD/CAD
President Trump tweeted out his sneak preview of the Wednesday talks with President of the European Commission Jean-Claude Juncker You may recall the TPP was ready for free trade but President Trump pulled the US out of the agreement. Let’s hope he has better luck with the EU today.
Front-page commentary in the national securities newspaper (sponsored by Xinhua News Agency) – China will maintain prudent monetary policy – Will be more flexible in implementing policy to keep balance between economic growth and structural deleveraging