Another dive into the abyss to open the week

Another dive into the abyss to open the week

FX pre-opening levels Sunday 12.10.2018 One hour before the open of the electronic markets it’s all misery. USD rallies sharply, risk getting a beating. All JPY and CHF crosses are trading lower. EURUSD trades 1.1371, cable 1.2750, USDUSD 0.7370, NZDUSD 0.6570,...
Turkey the turkey among the FX carnage

Turkey the turkey among the FX carnage

A right royal mess to greet us today The FT’s ECB story about banks exposure to Turkey has sparked the latest round of EM selling and with the Turkish central bank seemingly powerless and with its head stuck in the sand, we’ve seen USDTRY kick up above...
NZDUSD with something to shackle the price near 0.6800 – Forex options expiries 8 November 2018

Surprisingly little expiring to the downside of EURUSD today

FX options board for 03.08.2018 The concentration of expiries for the EURUSD lies to the topside, pretty evenly spread between calls and puts. No expiries doesn’t mean there’s no interest from this side of the market of course. During the week shorter...

Pin It on Pinterest