ForexLive Asia FX news wrap: US equity indexes bounce – ForexLive

Forex news for Asia trading
for Thursday 29
October 2020

After Wednesday’s (US time)
stock market selling there was a bounce for US equity index
futures in overnight trade on Globex. The
move was not driven by any notable news nor data release.

currencies its was a subdued session. USD/JPY was notably a little
better bid, trading up towards 104.50. Just after midday in Tokyo we
had the Bank of Japan October policy statement and Outlook report.
There was no change to policy although the Bank’s view was
(see bullets above).

HKD, too, was a mover. After many months of seemingly being nailed
to its 7.75 floor USD/HKD rose a little.

GBP, NZD, CAD are all little changed against the dollar. With USD/JPY
rising yen crosses are up, of course. As I update, USD/CHF has dropped
back under 0.9100, down
just a touch on the session.

celebrated going 200 days without a locally transmitted coronavirus


Let’s block ads! (Why?)

Scalping Strategy Course (DVD + Online) - $299.00

In the much anticipated Forex Scalping Strategy Course, Vic and Sarid show you short-term focused techniques and strategies to make quicker profits while reducing market exposure.

Forexmentor Coach's Corner First Month (Online) - $149.00

The Coach's Corner offers 2 live sessions per week, an integrated approach to trading, FREE access to the VicTrade video course and Darko's Pattern Trading Video Lessons.

Source link

Have your say