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Mr.Canberra

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Mr.Canberra

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FOREX: US dollar strength was the main theme...

FOREX: US dollar strength was the main theme during the Asia-Pacific session, following an overall hawkish FOMC statement, where they announced it will start with balance sheet reduction in October and left the door open to a December rate hike. Dollar-yen trekked higher from Y112.20 to Y112.65 before running into supply from the Japanese exporter community. As expected, BoJ left Policy balance rate at minus 0.1pct and maintained 10-Year JGB yield target at 0.0pct. Dollar-yen was last at Y112.44. Aussie-dollar faded from $0.8036 to $0.7994, the pair was further weighed down by declines in copper and ore prices. Aussie was last at $0.8004. Meanwhile, Euro-dollar currently trades at $1.1887 and Cable at $1.3473, after trading in respective ranges of $1.1866 to $1.1897 and $1.3473 to $1.3508.
 

awful999

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Me too. :(

If got degree maybe now work as FX Strategist at UBS liao. No need so 辛苦 scalp every day for Cai Png or KFC profits. :s13:

for me don't aim so high, just be a trader in a bank can liao
now you where got cai png or KFC profit, day day DTF lolx :s13:
 
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Mr.Canberra

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JPY

I think Yen is the most vulnerable currency now. With BoJ the only bank not planning to raise rates. My guess target 120 to the USD.

120.0? You are very optimistic my friend. :s13:

Daily commentary coming up...
 
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