ForexLive European FX news wrap: Perky pound, AUD retreat while EURUSD options cast another shadow – ForexLive

Forex news from the European trading session – 1 Feb 2018

News:

Data:

A lively start to a new month with Bitcoin tumbling, GBP rising rapidly then retreating and EURUSD once again bound by option expiry interest.

Running out of time for full summary but it’s all in the posts above. Here’s the p/a summary:

  • Bitcoin down 9% to 9165 from 9600 on Bitstamp
  • GBPUSD up to 1.4275 from 1.4180 then down to test 1.4200 again
  • EURGBP down to 0.8716 from 0.8735 then back to test 0.8760
  • EURUSD up to 1.2460 from 1.2385 then holding 1.2430
  • USDJPY steady rally from 109.20 then caught in the cross-play crossfire and mainly 109.60-70
  • AUDUSD continued its Asian slide from 0.8060 to post lows of 0.7987
  • USDCAD range bound 1.2300-30
  • NZDUSD ranging 0.7340-70

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