Trading plan for 05/10/2017

Trading plan for 05/10/2017: An unexpected drop in retail sales in Australia was the only volatile moment of sleepy trading hours in Asia. The rest of forex pairs remained in narrowband fluctuations. The DXY Dollar Index is unmoved, the EUR/USD pair has found a stop at 1.1750, and USD/JPY cannot break through at 112.90. It […]

Breaking Forecast 10.05.2017

Breaking Forecast 05.10.2017 The EURUSD rate in the last two days has sharply reduced activity — which is traditionally the case before a strong move. There were strong news — but they were multi-directional. The US employment report from the ADP agency showed a strong decline in new jobs in September; showing a gain of […]

More on that Sky news report saying May not considering resigning

Reuters helping out with clarification on the Sky news report British Prime Minister Theresa May is not considering resigning, Sky news reported on Thursday, citing her Downing Street office. «Downing Street: Resignation is not an issue,» Sky said on its screen. No comments from May’s spokesman nor the Cons Party spokesman says Reuters Earlier: Sky […]

Forex option contract expiries for today 5 Oct

Here’s the latest on today’s notable expiries for the 14.00 GMT cut 5 Oct EURUSD: 1.1735 (EUR 310m) 1.17450 (EUR 345m) USDJPY: 110.50 (USD 560m) 111.00 (520m) 112.00 (810m) 112.40 (495m) 112.70-80 (940m) 113.00 (415m) Y113.25 (410m) 113.60 (340m)   GBPUSD:  1.3000 (GBP 300m) AUDUSD:  0.7800( 280m) 0.7900-05 (260m) USDCAD:  1.2600 (USD 330m)   EURSEK:   9.5000 (EUR 245m) […]

SNB’s Jordan says Swiss franc is still strong

Swiss National Bank big kahuna Thomas Jordan remarks via Bloomberg Says forex market situation still fragile not a good idea to adjust SNB policy now Not sure what venue/event Jordan is speaking at(ps. I posted on EUR/CHF during Asia ICYMI:  ‪Bank of America / Merrill Lynch on EURCHF)More: Economic growth relatively solid Sheesh …. CHF […]

Ada Peluang Kelanjutan Pemangkasan Output, Minyak Menguat ke $49.97

Monexnews -Harga minyak menguat tipis pada hari Kamis karena ekspektasi bahwa Arab Saudi dan Rusia akan memperpanjang pemangkasan produksi, meskipun ekspor minyak A.S. mencatatkan rekornya dan pasokan melimpah dari ladang minyak Libya. Harga minyak mentah West Texas Intermediate (WTI) berada di level $49.97 per barel pada pukul 07.30 GMT atau naik 10 sen barel pada pukul 07.30 GMT. Presiden […]