Bitcoin Analysis for September 20, 2017

Bitcoin is still struggling to settle above the $4,000.00 resistance level since yesterday. It has been very tight in range after the impulsive bounce off the $2,955.80 level which is currently quite indecisive in nature at the edge of breaking above the $4,000.00 important level. After the Initial Coin Offering and Exchange Ban in China […]

Forex option contract expiries for today 21 Sept

Here’s the latest on today’s notable expiries for the 14.00 GMT cut 21 Sept EURUSD: 1.1750 (EUR 900m) 1.1800 (1.3bln) 1.1950 (1.65bnln) 1.2000 (515m) 1.2100 (1.14bln) USDJPY: 110.00 (USD 1.9bln) 111.00 (590m)  AUDUSD: 0.7900 (AUD 375m) 0.8100 (700m) Coming up tomorrow: 22 Sept: EURUSD 1.2000 (EUR 1.3bln) 1.2100 (1.1bln) Remember that these are «vanilla» options so still in play right […]

Norway’s central bank leaves key interest rate unchanged at 0.50%

Norway’s central bank out with latest policy decisions/comments 21 Sept decision unanimous continued need for expansionary policy capacity utilization is below normal level key policy rate will remain at 0.5% in the period ahead NOK making gains on the announcement. USDNOK down to 7.8260 wage growth likely to remain moderate economic outlook appears balanced outlook […]

Sweden’s Riksbank Minutes: It would be risky to tighten monetary policy over and above what market has priced in

Sweden’s Riksbank Minutes from 6 Sept  policy meeting several members highlighted risk of economy over heating Krona strengthened more rapidly than in July f/cast Krona development a considerable significance for inflation Floden: persistent inflation upturn would justify earlier hike, uncertainty surrounding f/c has increased Ingves: Riksbank nowhere near shifting focus today but not hard to […]