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FX option expiries for 3 November 10am New York cut

FX option expiries for 3 November 10am New York cut

There are quite a number to take note of on the board for today, as highlighted in bold.But the caveat for all of them is that no matter the expiry sizes, trading sentiment today will be largely driven by the bond market and that will depend on what we get from the US...

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Dollar little changed for now after yesterday’s tumble

Dollar little changed for now after yesterday’s tumble

The snapshot of the major currencies space is a bit of a snoozefest at the moment. The dollar fell in trading yesterday, owing to another fall in Treasury yields. 10-year yields hit a peak of 5.02% just last week but are now down to 4.66% and that has been the main...

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It is non-farm payrolls Friday today

It is non-farm payrolls Friday today

The bond market is acting as the key driver for broader sentiment at the moment, as falling yields is impacting all other asset classes since after the Fed meeting on Wednesday. 10-year Treasury yields have fallen from 5% earlier this week to now 4.65% in a massive...

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PBOC sets USD/ CNY reference rate for today at 7.1798

PBOC sets USD/ CNY reference rate for today at 7.1798

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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USDCAD rebounds off 50% retracement support

USDCAD rebounds off 50% retracement support

The USDCAD is moving higher as sellers over the last few days cover some short against a support target defined by the 50% midpoint of the move up from the October low to the October high. That midpoint comes in at 1.3733. Also near the midpoint is a swing area...

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South Korea Kospi index up 0.96%

South Korea Kospi index up 0.96%

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Quiet start as the final day of the week gets going

Quiet start as the final day of the week gets going

Yesteday, the NZD, CAD and AUD were the strongest of the major currencies as "risk on" flows dominated with the giddy stock markets. The USD and the CHF were the weakest as the flow of funds exited the "safe-havens". Today, so far, the price action is very limited....

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