Forex news for Asia trading Monday 21 December 2015
- China Minxin PMI suspended pending 'major adjustment'
- What's the year-end trade in GBP/USD and EUR/USD? - Barclays
- PBOC sets USD/CNY mid-point today at 6.4753
- Looking for some Christmas reading? Need 10 FX ideas for 2016?
- Spain's Rajoy: "Important" to keep up with economic reforms
- NZ migration data for November, permanent migrants up, short-term also up
- UK Press: BoE's Weale says need for tighter policy "slightly less immediate"
- Trade ideas thread for Monday 21 December 2015
- NZ Q4 Consumer Confidence: 110.7 (prior 106.0)
- Ruling conservative win Spanish election, fall short of absolute majority - exit polls
- Option expiries for the 10am NY cut 21-22 Dec
- Data coming up for 21 Dec 2015
- Liftoff: The Fed Awakens
- What is ECN?
Currency movements in Asia to open the week on Monday were fairly subdued, as they so often are.
EUR/JPY has been a notable gainer on the session at 30-40 odd points or so higher than where we left it on Friday. USD/JPY has gained as has EUR/USD, but again, the moves are subdued as as I update we are seeing some retracement.
USD/CHF and cable are little changed as is the AUD/USD. The New Zealand dollar is up maybe 30 points give or take, while gold has shone, up around 5 bucks.
The People's Bank of China strengthened the yuna at the mid point setting after 10 consecutive days of devaluation.
Regional equities as I update:
- Nikkei -0.37%
- Shanghai +1.80%
- HK +0.36%
- ASX +0.05%
