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Tuesday, July 23, 2024

Asia Market Movers: ForexLive Asia-Pacific FX news wrap: USD/JPY lower

ForexLive Asia-Pacific FX news wrap: USD/JPY lower

China's loan collateral tweak will ease 'asset famine' US Q2 GDP data is due Thursday - Goldman Sachs expect +2.3% The AUD and the easing from China - given more a nudge lower US Vice President Harris... 

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China's loan collateral tweak will ease 'asset famine'

Yesterday the People's Bank of China lowered the collateral requirement for medium-term loans: ForexLive Asia-Pacific FX news wrap: A series of easings from the People's Bank of China The People's Ban... 

US Q2 GDP data is due Thursday - Goldman Sachs expect +2.3%

Goldman Sachs have been concerned about the US economy drifting along in H1 but have been encouraged by recent retail sales and industrial production data. GS now expect Q2 GDP growth at 2.3% (annuali... 

The AUD and the easing from China - given more a nudge lower

The Australian and New Zealand dollars have been on the soft side. Yesterday's easings from the People's Bank of China not bolstering them either. The summary of the PBOC is here ICYMI: ForexLive Asia... 

US Vice President Harris has just passed 1,976 Delegates.

Media reports that US Vice President Harris has just passed 1,976 Delegates. That's a magic number, it means she is the Democratic Party's Presumptive Nominee for November's Presidential Election. The... 

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FX option expiries for 22 July 10am New York cut

There are a couple of large ones in the likes of EUR/USD, USD/JPY, and USD/CAD. However, they are all unlikely to feature as they are quite a distance away from the spot price currently. As such, the... 

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