EURUSD orders 16 Feb — Large option contracts casting a shadow again

Currently 1.2533 after 1.2556 session highsGeneral USD demand prevailing so far as Europe gets started.After yesterday’s lack of option interest there’s a few today as we’ve highlighted previously: 1.2400 EUR 1bln 1.2415 765m 1.2500 2.0bln 1.2550 1.0bln Barrier option lurking still at 1.2600 Offers: 1.2550 1.2580 1.2600 1.2625-30 1.2650Bids:   1.2500 1.2480 1.2465 1.2450 1.2430 1.2400Bitcoin a Bubble? […]

Trading ideas for the European session 16 Feb

Your daily thread to exchange ideas and share your thoughts — 16 Feb 2018Greetings one and all and Happy Chinese/Lunar New Year.Fun and games going on still so what do you make of it all now? Share your trading thoughts/trading ideas with the rest of the ForexLive community here.You can also join the conversation in our new Telegram group. It’s the […]

Germany January WPI mm 0.9 % vs 0.2% exp

 German Jan WPI now out 16 Feb -0.3% prev yy 2.0% vs 1.8% prev The Wholesale Price Index notes value of sales made by wholesalers in Germany. A growing number in wholesales indicates increases in retail trade and consumption, that is seen as positive or bullish for the EUR,A flicker of hope for higher inflation readings […]