Forex Consulting

China Oct M2 money supply yy 8.8% vs 9.2% exp

China Oct lending data now out 13 Nov – new yuan loans 663.2bln vs 780bln exp – end-Oct yuan lending +13% yy vs 13.1% exp – aggregate financing Oct +13% yy, yuan 1.040bln vs 1.1bln exp Softer than expected data but still beating prev. Copyright 2015 Forexlive.com

Forex Consulting

CHF demand notable this session as we wait on NA desks

Good gains for the swiss franc this morning 13 Nov No primes movers that I’ve heard of but maybe safe-haven demand prevailing. USDCHF and EURCHF both had a quick drop earlier from 0.9980 and 1.1620 to 0.9960 and 1.1600 that I had noted in my orders post and we’ve seen further falls since. Copyright 2015 Forexlive.com