FX market is not balanced before the end of the day

[Lei]

October 21st whole day end: Today there was finally a relief of Yen's fall in the past 2 weeks . The move flied somewhat in the face of the overall tone in markets as equities rose and bond yields continued to the upside. JPY CHF USD stays the strongest side for the whole day.

 

[Lei]

October 22nd early session: Evergrande made a US$83.5m payment, yen crosses rose
AUD/JPY had a quick rise on the Evergrande news but has since given some back. It led to a risk of mood recovery but still mixed with negatives.

Rangers & Fortress, Capt.Z in cTrader Club

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(Image uploading failed again today)

 

[Lei]

October 22nd whole day end: Risk aversion continues, esp. in late N.A. session, after Powell 'High inflation is likely to abate but will last well into next year', DXY rebounded 25 pips in a short time, but later faded away before the close of the day.

 

[Lei]

October 26th whole day end: Economic data was strong with all the US releases today. EURUSD poked below 1.1600 on talk of a dovish ECB but no real downside momentum.

 

[Lei]

October 27th end of early session: Dollar, yen gains as long-end yields fall, FX moves reflective of a more defensive risk tone. Weigh on FX with EUR/USD falling from 1.1614 to 1.1585, now back to 1.1607, up n down pattern above this week low.

 

[Lei]

October 27th whole day end: BoC surprised markets by going directly to zero from $2B/week.
The euro was choppy in a 1.1590 to 1.1620 range ahead of tomorrow's ECB.
It was a bit busy day ahead of the end of October.

 

[Lei]

October 28th mid-early session: Light changes among major currencies so far on the day. EUR/USD is nudging a little lower to 1.1585-90 as sellers also keep a more bearish near-term bias but we're seeing price action still keep a bit more sticky around 1.1600 amid large option expiries as we await the ECB later today.

 

[Lei]

October 28th whole day end: The ECB kept the statement little changed after their policy meeting today. The EURUSD moved higher on the back of the comments and overall the USD saw steady declines in the US morning session.

Amazon and Apple had disappointing earnings after the close. The two bellwethers are negative for the overall market going into trading tomorrow.

 

[Lei]

October 29th mid-early session: FX rates mainly subdued in Asia session. Euro-area bond yields continue to push higher.
Eurozone October preliminary CPI +4.1% vs +3.7% y/y expected
After the EU CPI was released, EURUSD had a pause of the fall in the early session.

 

[Lei]

October 29th whole day end: EURUSD sellers turned a black Friday to massacre to buyers.