FX market is not balanced before the end of the day

[Lei]

July 19th, late session: and watch out for this, over this whole week.

 

[Lei]

July 20th, early session: ease the panic a bit, but still shaky.

 

[Lei]

July 20th, late session: sterling drop further and rebound. US 10Year rate back to 1.2%.

 

[Lei]

July 22nd, late session: There's nothing new from the ECB, market up and down, modest movement.

 

[Lei]

July 23rd, late session: market up and down, modest movement, can't find the clear hot point, ranges are limited.

 

[Lei]

July 26th, late session: US Dollars falls.

 

[Lei]

July 27th, early session: EUR is not in the right position unless JPY and USD slides a lot in the afternoon, EUR is unlikely to keep the current position, more likely slide to the weak side.

 

[Lei]

July 27th, late session: GBP and USD swapped their position. Close to the end of July, we market is seeking direction for next month.

 

[Lei]

July 28th, early session: JPY is weak, strange to see AUD NZD on the same side, there will be some good movement in the afternoon, maybe a Dollars drop.

 

[Lei]

July 28th, early session: as expected, US Dollars dropped, after FOMC's press conference.