Once you try to finish the week, once again the effect of the option expiration date should be relatively restricted. There are a few big ones, but I’m not sitting there because I’m too close to the current spot level. As we and China are becoming more and more committed to exempting certain goods from customs duties, the dollar is favored prior to European transactions. But doesn’t that simply mean that tariffs will become more mainstay? tsu
After a solid recovery in trading yesterday, the risk catch has won a bounce, and is helped by this very vague comment by Trump on China. I think you can see how desperate the market is to some relief.
We haven’t priced the worst yet, as investors seem to be suppressing hope that all these tariffs will eventually be dehydrated before the actual pain strikes. The window for that is thought to be in the next 1-2 months before all hard data is fed into more important economic data. If tariffs are still on course, that is when reality can get intense in the market.
But for now and for today, we’re seeing at least a little bit of dollars endure. But that doesn’t mean that the greenback is ready for a stronger show. How can we see yesterday that US stocks and Treasury bids were not converted into something meaningful to the dollar as it is still on sale. If anything, it shows that there is still concern in the wider market.
Returning to the expiration date above, they are not likely to have much impact on the day. Instead, sentiment traded by the same factors over the past two weeks or so will continue to drive.
For more information on how to use this data, see this post.
Later this year
forexlive.com
It’s evolving
Investinglive.coma new destination for intelligent market updates and smarter decision-making for both investors and traders.





