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MNI China Daily Summary: Monday, October 23

MNI BRIEF: Inflation Down, Deficits Up - Bundesbank Report

MNI BRIEF: China To Reach Target of 5% GDP Growth - Lou Jiwei

EZ/UK T-Bill Calendar: 3/6-Month ATB Auction on Tuesday

EZ/UK Bond Supply Calendar: Netherlands, UK, Germany Due Tues

BoC Data Watch

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI BRIEF: Canada Needs CAD1 Trln To Fix Housing Squeeze- CMHC

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

In the red across the majors

USD
BulletMarketsForeign Exchange NewsHomepage
  • The Dollar is in the red across the board in early trade, a continuation from the overnight session, albeit off its worst levels as Europe comes in.
  • The Yen is the best performer, following the Hawkish Japan Ueda, up 1.16%, but off its best level.
  • Support in USDJPY is seen circa 145.67.
  • After printing a 0.6358 low on the 5th September, lowest print since November, seems that the AUDUSD is forming somewhat of a base at that level, after it failed to break last week.
  • Small resistance moves down to 0.6456 20-day EMA.
  • Further out, sees last Monday's high at 0.6481.
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  • The Dollar is in the red across the board in early trade, a continuation from the overnight session, albeit off its worst levels as Europe comes in.
  • The Yen is the best performer, following the Hawkish Japan Ueda, up 1.16%, but off its best level.
  • Support in USDJPY is seen circa 145.67.
  • After printing a 0.6358 low on the 5th September, lowest print since November, seems that the AUDUSD is forming somewhat of a base at that level, after it failed to break last week.
  • Small resistance moves down to 0.6456 20-day EMA.
  • Further out, sees last Monday's high at 0.6481.