Cable is trading a little higher to 1.2290 levels currently See here for global coronavirus case data The pound has nudged a little higher to start the session, but it isn't really amounting to much. Keeping below 1.2300 will be good for sellers but they are not under any major threat for the time being […]
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AUD/USD buyers cling on to near-term support, not down for the count just yet
AUD/USD is trading mildly higher on the day currently See here for global coronavirus case data The pair was trading more tepid to start the day, before the aussie was brought lower alongside the kiwi on the RBNZ decision earlier, sending AUD/USD to a low of 0.6451.
NZD/USD nears the 0.6000 level as kiwi sinks on RBNZ policy decision
NZD/USD falls to its lows for the day ahead of European trading See here for global coronavirus case data The key takeaways from the central bank policy decision are that they nearly doubled their QE program while reaffirming that they are prepared to cut its cash rate further if needed, even leaving the option of […]
Stocks slide and tumble into the close. Major indices close near session lows.
NASDAQ and S&P index fall over -2% The major stock indices tumbled lower into the close, with the NASDAQ and S&P index both closing over -2% on the day. The final numbers for the major indices are showing:
Stocks slide into the close
With less than 30 minute left See here for global coronavirus case data
The GBPUSD finds dip buyers at last week's lows
Double bottom at 1.22653 The GBPUSD has had an up and down day today with the high extending above the 100 hour MA (blue line) but failing. At the lows, there are a series of levels from 1.2299, to the low from yesterday at 1.22819, to the low from last week at 1.22465.
US treasury auctions off $32B of 10 year notes at 0.700% vs 0.712% WI
Auction results Grade B+/A- See here for global coronavirus case data
FX option expiries for Thursday May 14 at the 10am NY cut
EUR/USD USD/JPY GBP/USD AUD/USD EUR/GBP See here for global coronavirus case data
FX option expiries for Wednesday May 13 at the 10am NY cut
USD/JPY GBP/USD AUD/USD USD/CAD EUR/GBP A couple of "bn" amounts up there, bolded one of them (a bn in AUD is relatively much more substantial than the 1.1bn in USD/JPY) …. 1.5bn USD/CAD is getting there too
ECB's Panetta reiterates that ECB is under the jurisdiction of the ECJ
Comments by ECB executive board member, Fabio Panetta – German court ruling addresses the German government – Must prevent euro area economic divergence See here for global coronavirus case data