Forex and Bitcoin news from the European morning trading session 20 Feb 2018

News:

Data:

Another session of USD demand but that wasn't the whole story for pound pairs

Here's your p/a summary;

  • USDJPY 106.85 to finally take out 107.00 offers/res and post 107.21 before funning out of puff
  • GBPUSD posts lows of 1.3930 then steady around 1.3960 before Brexit headlines sends GBP higher and we see 1.4016 before heading all the way back around 1.3970
  • EURGBP similar pattern with lows of 0.8811 from 0.8840 before rallying back to 0.8830
  • GBPJPY up to 150.22 from 149.60 before retreat to 149.75
  • EURUSD had an early dip to 1.2335 from 1.2380 and has remained on the back foot
  • USDCHF has kept a steady bid all morning and posted 0.9356 from 0.9305 with EURCHF also holding 1.1500 again and rallying back around 1.1540
  • AUDUSD has large option interest tomorrow at 0.7950 which has helped seen a move to 0.7935 only to return back to 0.7890 as I type.
  • USDCAD has also been in steady ascent to post 1.2608 from 1.2570
  • Bitcoin managed to find some dip demand into $11200 after a solid fall from $11650
  • Oil dipped to $1337 from $1342 while equities opened marginally in positive territory and remained there by and large

No data of note to come so let's see what else presents itself.