FOREX SUMMARY

USD remained mix during the afternoon session, with the lack or events given US Bank Holidays, investors have stayed on the sideline.

• USDCAD, tested the October 9th low, at 1.3110.And despite a %1.40 fall in WTI, petro currencies have been unmoved
• Further downside momentum in USDCAD should target support at 1.3095 76.4% retracement of the Sep 1 - 30 rally.
• AUDUSD stayed close to that option expiry mentioned this morning at 0.7200, where 1bn expired, now at 0.7208 at the time of typing.
• EM FX and the Rand faded some of its earlier weakness, but little was reported by local desk regarding domestic or offshore colour.
• Focus is on any potential headlines regarding the South African mid term budget, set for the 21st October.
• Cable had a mix session, pushing Cable towards the high of the day during the open, but reversed gains towards lunchtime, and is now trading close to mid range at 1.3035.
• CNH was the most active in terms of turnovers, running at 200% versus averages.
• USDCNH is 6.7446 at the time of typing, after trading as low as 6.7083 earlier.
• Looking ahead, ECB Giundos, Panetta, Riksbank Skingsley, BoE Bailey and RBNZ Bascand are all set to speak
• All eyes for the UK on Boris announcing his 3 tiers lockdown plans at 19.00BST/14.00ET