Forex news for the European morning trading session 26 Sept 2017
News:
- China says urgent task is to prevent North Korea's nuclear and missile programmes developing
- China Aug crude oil import data sees Russia at the top of the leader board again
- US and China both agree bilateral trade frictions should be resolved through negotiation
- EURUSD pops 1.1800 as euro retreat continues
- New Zealand Election Spooked Businesses, Confidence Survey Shows
- Forex option contract expiries for today 26 Sept
- Trading ideas for the European session
- Cable lifted back up through 1.3500 as EURGBP breaks lower
- Nikkei 225 closes down -0.33% at 20,330.19
- ForexLive Asia FX news wrap: Small USD weakness
Data:
- Germany August import price index 0.0% vs 0.1% exp
- UK BBA August mortgage approvals 41,807 vs 41,700 exp
- France Sept manufacturing confidence 110 as expected
A steady session that's seen the euro suffer further losses and the return of a few USD buyers.
Here's your p/a summary:
- EURUSD in steady retreat from 1.1860 down to 1.1785
- USDJPY held 111.50 and now posting highs of 111.95 in a steady advance
- GBPUSD early failure above 1.3510 to fall and test 1.3450 then cracked lower through 1.3440 triggering stops to 1.3418 as EURGBP rallied to 0.8780 pivot after a fall to 0.8750
- USDCAD steady advance to `1.2398 after finding support into 1.2360, helped by USD demand and retreating oil price
- AUDUSD steady fall to 0.7885 from 0.7945
- NZDUSD down to 0.7200 from 0.7250
- OIL lower. WTI down to $51.90 from $52.40 before bouncing to 52.25
- Gold has also fallen to $1302 from $1312
- US data here
- Yellen speaking at 16.45 GMT
EURUSD 15m
