ForexLive morning news wrap: USD in demand still as we wait on NFPs

Author: Mike Paterson | Category: News

Forex news for the European morning trading session 6 Oct 2017


News:

Data:
A busy but scrappy session that's seen more USD buying and the pound under the cosh still.
Here's your p/a summary:
  • GBPUSD down to lows of 1.3052 from 1.3120
  • EURGBP up to 0.8970 from 0.8925
  • EURUSD down to 1.1686 from 1.1710 and back again
  • USDJPY up to 113.07 and back to 112.90
  • USDCHF up to 0.9801 but tightly bound as is EURCHF around 1.1470
  • AUDUSD down to 0.7743 but then up to 0.7776
  • USDCAD failing at 1.2600 again but supported at 1.2570
  • large option expiry interest playing out on EURUSD, USDJPY and AUDUSD
  • Oil has seen a steady decline. WTI down to $50.40 from $51.00
  • Gold steady but down a tad from $1270 to $1268
BOE's Haldane speaking at 12.00 GMT plus various Fed heads after NFPs