Escolar Documentos
Profissional Documentos
Cultura Documentos
20pm HKT)
Currency
Currency
EURUSD
1.0616-27
EURJPY
130.185-35
USDJPY
122.57-76
EURGBP
0.7020-265
GBPUSD
1.5117-30
USDSGD
1.4037-72
USDCHF
AUDUSD
1.0217-28
0.7216-62
USDTHB
USDKRW
35.64-735
1141.8-1147.1
NZDUSD
0.6561-98
USDTWD
32.435-480
USDCAD
1.3285-1.3304
USDCNH
6.4193-6.4290
AUDNZD
1.0975-1.1036
XAU
1069.9-1074.8
Key Headlines
FX Flows
Weak Q3 Aussie capital expenditure falling 9.2%
versus -4% previous quarter sent AudUsd to 0.7216 and
1.0987 against the Kiwi. However, the plan for Capex
2015/2016 at Aud120.4bn; within the range of Aud117124.2. AudUsd clawed back some loss but it was AudNzd
that weakened to 1.0975.
Nikkei climbed towards 20k but UsdJpy could not.
Japanese were better sellers for month end book
balancing. I hear better offers are planted beyond 123.00
and chatter of buy orders beneath 122.45.
Seems like some short covering in EurUsd in the 1.06teens and stop loss orders building above 1.0640.
Story in Bloomberg that Chinese regulators NDRC is
considering probing malicious short selling of metals.
This sent Copper futures up 3.8% while Dalian Iron-ore
futures up 2.45%.
Asians
Usd held steadily against the Asian currencies seen
couple of interbank traders struggling to claw back their
short Usd positions.
UsdSgd encountered two-way flows, corporate hedging
had the pair trading higher but momentum funds were
better sellers through the morning.
Short covering also in UsdMyr following 3 days of
selling.
These information have been obtained or derived from sources believed to be reliable, but I make no representation or warranty as to their accuracy or completeness.
Copyright 2013 The Poon Report by Vincent Poon. All rights reserved.