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FX option expiries for Sept 29 NY cut at 10:00 Eastern Time via DTCC can be found below. Source
MumbaiRupee rises 3 paise to 88.69 against the US dollar in early trade on Monday, tracking positive Asian currencies and weakness of the American currency in the overseas market. Forex traders said the rupee is trading in a tight range as it remains under pressure influenced by continued capital outflows and geo-political developments.Moreover, the RBI policy meeting outcome on October 1, is expected to influence the rupee and government bond movements.At the interbank foreign exchange market the rupee opened at 88.69 against the US dollar, registering a gain of 3 paise from its previous close. On Friday, the rupee rebounded…
The Indian rupee and government bonds will take cues from the Reserve Bank of India’s policy decision this week, while the currency is also likely to rely on the central bank intervention for support as it grapples with persistent headwinds. The rupee closed at 88.7175 on Friday, touching a record low of 88.7975 per dollar earlier in the week. It was down 0.7% week-on-week, bogged down by concerns over a hit to trade and portfolio flows into India on the back of steep U.S. tariffs and tighter immigration policy. “It is almost as if the currency has been caught in…
Core PCE inflation remains under 3%, boosting the probability of Fed rate cuts to nearly 90% into year-end.Dovish Fed voices highlight a fragile labor market, and Barkin warns that inflation and unemployment trends remain concerning.Euro steadies despite NATO–Russia tensions, with traders eyeing US jobs data and upcoming Eurozone inflation prints.EUR/USD recovers on Friday as traders’ confidence rises that the Federal Reserve (Fed) will reduce interest rates after the release of the latest inflation report in the United States (US). At the time of writing, the pair trades at 1.1697, up 0.27%.Euro eyes 1.1700 as softer US inflation fuels confidence in…
The Canadian Dollar clamped down on bearish momentum on Friday.Despite cooling downside momentum, the Loonie still tapped 18-week lows against the US Dollar.The Canadian Dollar is now on the weak side of key moving averages against the Greenback.The Canadian Dollar (CAD) slowed its pace of losses against the US Dollar (USD) on Friday, but still remains firmly on the low side, testing 18-week intraday lows before battling back against the tide of Greenback pressure to cap off a week of sustained losses.Canadian Gross Domestic Product (GDP) growth rebounded in July, helping to provide some thin support for the Loonie on…
Australian Dollar regains ground as the US Dollar softens after in-line PCE data and weaker consumer sentiment.Focus turns to the RBA’s monetary policy decision on Tuesday, with markets expecting rates to stay unchanged at 3.60%.US labor market data back in focus with NFP due on Friday.The Australian Dollar (AUD) gains ground on Friday as the US Dollar (USD) loses momentum after Personal Consumption Expenditures (PCE) inflation figures came broadly in line with forecasts, while weaker consumer sentiment and renewed tariff worries dampened demand for the Greenback.At the time of writing, AUD/USD is trading around 0.6550, recovering modestly after a sharp…
The Dow Jones rebounded over 350 points on Friday, climbing back above 46,000.Fed rate cut expectations are still on track after PCE inflation met market forecasts.Despite a coolish print, inflation continues to hold on the wrong side of the Fed’s 2% annual target.The Dow Jones Industrial Average (DJIA) rebounded on Friday, paring away the midweek’s losses and recovering footing as investors self-soothe over odds of a follow-up interest rate cut in October. US Personal Consumption Expenditures Price Index (PCE) inflation came in about where median market forecasts predicted, keeping market hopes for an October rate trim on the high side.Inflation…
Gold surges as dovish bets grow despite fragile labor market and mixed consumer sentiment signals.Core PCE inflation stays under 3%, fueling speculation that Fed will extend easing into year-end meetings.Traders eye upcoming US data releases, including NFPs and ISM PMI, for confirmation of Fed’s policy trajectory.Gold price advances during the North American session, up 0.60% on Friday after the last inflation report maintained the status quo, reinforcing dovish bets for further easing by the Federal Reserve (Fed). At the time of writing, the XAU/USD trades at $3,774 after bouncing off daily lows of $3,734.Precious metal rises after PCE data bolsters…
Federal Reserve (Fed) Board of Governors member Michelle Bowman pivoted deeper into the pro-rate-cut camp on Friday, noting that recent payroll revisions shows the Fed is even further behind the curve on interest rate cuts than previously estimated.Despite inflation metrics riding well above the Fed’s 2% target, Bowman noted that a steep slowing in US population growth, coupled with an uptick in the aging average of the populace will act as structural drags on the neutral rate, pushing the Fed even further out from neutral over time.Bowman did caution that the Fed must be able to act without political interference.Key…
Gold breaks out above $3,760 and advances toward the recent ATH of $3,791.Fresh US tariffs and geopolitical tensions keep safe-haven demand for Gold underpinned.The core PCE Price Index rose 0.2% MoM and headline PCE rose 0.3% MoM in August, up from 0.2% in July.Gold (XAU/USD) extends gains on Friday, pushing past the recent $3,760-$3,720 range, as the US Dollar (USD) eases after the latest Personal Consumption Expenditures (PCE) inflation report showed no fresh upside surprises.At the time of writing, XAU/USD is consolidating around $3,780, hovering just below the all-time high of $3,791 set earlier this week. The metal is on…