The Traderszone Network

Positive tones for equities as yen weakens 4 Oct
– +136.98
– open 16661.51
– high 16747.20
– low 16637.82
– USDJPY 102.27 after finding dip demand into 102.00 that I highlighted earlier 

Submitted by Yves Manou via The Gatestone Institute,

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Here’s the notable expiries that the DTCC have listed for today 4 Oct 2016
– EURUSD: 1.1150 (EUR 248m) 1.1170-80 (429m) 1.1325 (248m) 1.1350 (717m) 1.1485 (200m)
Those 0.7700-01 AUDUSD expiries backing up the offers on the order board.

Authorities have suspended 12,801 police officers from duty over suspected links with network blamed for orchestrating the July coup.

Currently 0. 7677 having failed into 0.7700
Stronger offers still at 0.7720. Decent dip-demand still though too.
Offers: 
0.7700
 0.7720 (strong) 0.7750 0.7800 (strong)
Bids:   0.7565 

Australia September commodity index report 4 Oct
– prev revised down from +0.8%
– commodity index AUD 92.1 vs 90.0 prev revised down from 90.5
Commodity index measures the change in the selling price of exported commodities. The commodity sector accounts for over half of Australia’s export income.

But given some resistance points upside, many still expect the dollar to struggle in making further moves on the upside
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