USD/CHF traded firmer amid broad USD rebound. Pair was last at 0.7956 levels. SNB MPC meeting today – likely a hold, OCBC's FX analysts Frances Cheung and Christopher Wong note.
FX option expiries for Sept 25 NY cut at 10:00 Eastern Time via DTCC can be found below.
Litecoin (LTC) price is attempting to recover, trading above $106 at the time of writing on Wednesday after starting the week on a bearish note. Supply distribution data shows that a certain whale seized the opportunity and accumulated Litecoin during recent price dips.
FX option expiries for Sept 24 NY cut at 10:00 Eastern Time via DTCC can be found below.
USD/CHF retreats on Tuesday yet it remains above the 0.7900 figure, below the key technical resistance an also beneath the 0.8000 mark, with the technical outlook suggesting the downtrend could soon resume. The pair remains on track to test the yearly low at 0.7829.
FX option expiries for Sept 23 NY cut at 10:00 Eastern Time via DTCC can be found below.
The USD/CHF retreats on Monday as the technical picture suggest the downtrend might resume in the near term. At the time of writing, the pair trades at 0.7923 below the 0.8000 figure, poised to test yearly lows of 0.7829.
The Pound Sterling bounces off last week’s low of 1.3453 yet bulls are not out of the woods, after the pair hit a two-month peak of 1.3726, before plunging following the Federal Reserve’s decision to reduce interest rates. The GBP/USD trades at 1.3496, up 0.27%.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is halting its three-day winning streak and trading around 97.50 during the European hours on Monday.
New Zealand Dollar’s attempt to bounce up from two-week lows at 0.5845, seen during the early Asian session, has been capped at 0.5860, and the pair retreated again ahead of the European session opening, returning to 0.5950.Looking at it in perspective, the pair remains vulnerable after having depre
FX option expiries for Sept 22 NY cut at 10:00 Eastern Time via DTCC can be found below.
Ripple (XRP) posts losses on Friday, but remains above the $3.00 level, reflecting a decline in retail interest in the broader cryptocurrency market following a minor mid-week uptrend to $3.14 triggered by the United States (US) Federal Reserve’s (Fed) dovish outlook for the fourth quarter.
Euro (EUR) could retest the 1.1750 level before a more sustained recovery is likely; the major support at 1.1715 is not expected to come into view.
Bitcoin (BTC) shows strength, continuing its three consecutive weeks of recovery and holding steady above $116,000 at the time of writing on Friday.
FX option expiries for Sept 19 NY cut at 10:00 Eastern Time via DTCC can be found below.
The US Dollar (USD) clocked marked gains on Thursday, as market participants parsed Wednesday’s rate cut by the Federal Reserve and the cautious message from Chair Powell at his subsequent press conference.
The current price movements are likely part of a consolidation phase between 1.1785 and 1.1865. In the longer run, there is still a chance, albeit not a high one for EUR to rise toward 1.1955, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
FX option expiries for Sept 18 NY cut at 10:00 Eastern Time via DTCC can be found below.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground and trading around 97.00 during the Asian hours on Thursday.
FX option expiries for Sept 17 NY cut at 10:00 Eastern Time via DTCC can be found below.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second consecutive session and trading around 97.10 during the European hours on Tuesday.
FX option expiries for Sept 16 NY cut at 10:00 Eastern Time via DTCC can be found below.
FX option expiries for Sept 15 NY cut at 10:00 Eastern Time via DTCC can be found below.
USD/CHF advanced during the North American session, yet it remains consolidating at around the 0.7950-0.8000 range ahead of the next week Federal Reserve’s monetary policy meeting. The pair trades at 0.7966 up 0.12%.
Strong rebound in Euro (EUR) has scope to test 1.1760; the major resistance at 1.1790 is not expected to come under threat. In the longer run, EUR could rise but any advance is likely part of a higher range of 1.1650/1.1790, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
FX option expiries for Sept 12 NY cut at 10:00 Eastern Time via DTCC can be found below.
EUR/USD advances during the North American session after the European Central Bank decided to hold rates unchanged, while the Greenback weakened after the Consumer Price Index (CPI) report was aligned with estimates. At the time of writing, the pair trades at 1.1733 up by 0.34%.