US$ trying to break higher: By Mary McNamara

This is just a very brief update as I’m about to head down to, of all places, Wall Street. Keep an eye on the US$ as it tries to break up and out from the recent trading channel …
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CIBC FX Flows: FXWW

From the FXWW Chatroom: Believed to be the work of Japanese retail sector, EurJpy got a lift before traders got in. The cross advanced to 133.38 and took UsdJpy above 113.00 but ra …
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19 Oct: Forecast: FX: US$/Majors + trade ideas: FXCharts

EURUSD: 1.1787 Preferred Strategy:  The Euro remained heavy through Europe, dropping to 1.1729 ahead of a bounce that sees it close near session highs of 1.1804. A close above 1.1 …
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Option expiries for today’s Wednesday October 18 NY cut (10:00 NY, 15:00 London) : FXWW

From the FXWW Chatroom: *EUR/USD: $1.1600(E867mn), $1.1825-30(E409mn), $1.1900-10(E1.33bn), $1.1930(E1.31bn), $1.1945(E837mn), $1.2000(E820mn) *USD/JPY: Y110.00-01($1.13bn), Y111.2 …
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Dollar edges up as Fed, tax reform news awaited: Reuters

LONDON (Reuters) – The dollar edged higher on Wednesday, as markets awaited further news on the possible appointment of a hawk as Fed chair and progress on U.S. tax reforms. …
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UK Outlook: FXWW

From the FXWW Chatroom: UK SEPT CPI +0.3 PCT MM, +3.0 PCT YY (REUTERS POLL +3.0 PCT YY), HIGHEST ANNUAL INFLATION SINCE APRIL 2012 – ONS UK SEPT CORE CPI EX ENERGY, FOOD, ALC …
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Option expiries for today’s Tuesday October 17 NY cut (10:00 NY, 15:00 London) : FXWW

From the FXWW Chatroom: *EUR/USD: $1.1760(E413mn) *USD/JPY: Y112.00($1.11bn) *GBP/USD: $1.3000(Gbp624mn) *USD/CHF: Chf0.9810($460mn) *EUR/NOK: Nok9.3000(E632mn) *AUD/USD: $0.7530(A …
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Solid Data Bounces The Aussie From Bottom To Top Of Range In 7 Days: By Greg McKenna

Market Summary New records for US stocks, US 10-year bonds back at 2.3% but the curve still relatively falt at 76 points for the 2-10. That’s possibly due to the rumours that Joh …
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Sterling drifts higher before Carney, inflation data: Reuters

LONDON (Reuters) – Sterling drifted higher on Tuesday as investors awaited inflation data expected to play a defining role in setting the Bank of England’s policy outlook i …
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17 Oct: Forecast: FX: US$/Majors + trade ideas: FXCharts

EURUSD: 1.1795 Preferred Strategy:  EurUsd was choppy but has finished the day looking a little bit heavy, closing towards the bottom end of the day’s 1.1780/1.1820 range. The Z …
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