eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• EUR/USD up from 1.1354 EBS low yesterday but still heavy, Asia 1.1383-96
• Market on tenterhook ahead of FOMC tonight, hike would send EUR/USD down
• This despite growing expectations of an ECB hike this fall
• Daily Ichimoku tenkan 1.1402, kijun 1.1403 just above
• Descending 200-HMA 1.1403 above too, 100-HMA 1.1385 below, cloud 1.1382-91
• In option expiries today, between 1.1300-55 E5.4 bln, 1.1360-95 E949 mln
• Between 1.1400-40 above, total E3.2 bln in expiries, effective cap?
• EUR crosses buoyant and mostly holding bid
• EUR/JPY well bid, 186.42-56 EBS, above 186.27-42 tapering hourly Ichi cloud
• EUR/CHF 0.9324-32 EBS, high today best since 0.9350 on January 14
• EUR/GBP bid too, 0.8570-73, best since 0.8617 July 1 on way down to 0.8455
• Nearby option expiries 0.8525 E547 mln, 0.8575 E667 mln, 0.8600 E347 mln
• Related comments , , , also
EUR/USD hourly:
EUR/JPY hourly:
EUR/CHF hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)