Forex news for the European morning trading session 6 Oct 2017
News:
- UK's Shapps says talk of 30 Conservative MPs wanting May out is " about right"
- Forex option contract expiries for today 6 Oct
- Switzerland Sept foreign currency reserves CHF 724.4bln vs 716.7bln
- EURGBP still on the march higher
- Trading ideas for the European session
- ForexLive Asia FX news wrap: AUD extends its fall
Data:
- Germany Aug factory orders mm 3.6% vs 0.7% exp
- UK Sept house price index mm 0.8% vs 0.0% exp
- Spain Aug industrial production mm 1.0% vs 0.2% exp
- France August trade balance EUR -4.514bln vs -5.4bln exp
- Japan Aug leading index CI provisional 106.8 vs 107.1 exp
A busy but scrappy session that's seen more USD buying and the pound under the cosh still.
Here's your p/a summary:
- GBPUSD down to lows of 1.3052 from 1.3120
- EURGBP up to 0.8970 from 0.8925
- EURUSD down to 1.1686 from 1.1710 and back again
- USDJPY up to 113.07 and back to 112.90
- USDCHF up to 0.9801 but tightly bound as is EURCHF around 1.1470
- AUDUSD down to 0.7743 but then up to 0.7776
- USDCAD failing at 1.2600 again but supported at 1.2570
- large option expiry interest playing out on EURUSD, USDJPY and AUDUSD
- Oil has seen a steady decline. WTI down to $50.40 from $51.00
- Gold steady but down a tad from $1270 to $1268
BOE's Haldane speaking at 12.00 GMT plus various Fed heads after NFPs
