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Monday, August 26, 2024

Asia Market Movers | US yields are lower to start the trading week

US yields are lower to start the trading week

US yields are lower to start a trading week. Reviewing last week's changes: 2-year yield fell -13.4 basis points to 3.920% 5-year yield fell -10.9 basis points to 3.650% 10-year yield fell -8.3 basis... 

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PBOC sets USD/ CNY central rate at 7.1139 (vs. estimate at 7.1132)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.... 

USDJPY & USDCHF lower in early trading to start the new week. What next technically?

The USD is continuing its run to the downside today with the USDJPY and the USDCHF making some of the biggest moves.Last week, Fed Chair Powell paved the way for a cut at the September meeting.... 

PBOC is expected to set USDCNY midpoint and 7.1132 versus 7.1358 on Friday

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as... 

Japan's Nikkei 225 index falls near -1.00% at the open

Japan's Nikkei is trading down -0.91% at 38019. Looking at the daily chart, the price is below is 100-day moving average at 38637.55, but above its 200-day moving average below at 37233.10 (blue and g... 

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Latest Forex Orders

FX option expiries for 23 August 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.1100 level again. Similar to yesterday, the expiries are likely to help lock price action from fa... 

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