Analytics, News, and Forecasts for CFD Markets: currency news — 20-11-2017.

00:30 Australia RBA Meeting's Minutes

04:30 Japan All Industry Activity Index, m/m September 0.1% -0.4%

07:00 Switzerland Trade Balance October 2.918 3.200

09:05 Australia RBA's Governor Philip Lowe Speaks

09:30 United Kingdom PSNB, bln October -5.33 -6.6

11:00 United Kingdom CBI industrial order books balance November -2 3

13:30 Canada Wholesale Sales, m/m September 0.5% 0.6%

13:30 U.S. Chicago Federal National Activity Index October 0.17 0.20

15:00 Eurozone ECB's Benoit Coeure Speaks

15:00 U.S. Existing Home Sales October 5.39 5.43

21:45 New Zealand Visitor Arrivals October 3.1%

23:00 U.S. Fed Chairman Janet Yellen Speaks

23:30 Australia Leading Index October 0.1%

• Digital currencies are development that should receive interest from central banks and supervisors

• Digital currencies' use pretty limited

• No risk for central banks from digital currencies currently

• Underlying inflation pressures are still subdued as labour market slack remains significant

• Business investment also remains on an upswing, aided by improvements in corporate profitability

• Ecb measures will preserve the current financing conditions and ensure the ample degree of monetary stimulus that is still necessary

• All parties have responsibility to try form a government in near future

• Will have talks with leaders of all parties involved in coalition talks and others and other german institutions

• Neighbouring countries would be alarmed if politicians in Germany don't live up to responsibilities

EURUSD: 1.1640-45 (EUR 640m) 1.1660-70 (1bn) 1.1750 (345m) 1.1800-05 (E625m)

USDJPY: 109.75 (495m) 111.90-112.00 (1.2bln) 112.30(2.4bln) Y112.50 (620m) Y112.60(330m) 112.75-80 (410m)

GBPUSD: None of note

AUDUSD: 0.7630 (275m) 0.7640-50 (580m) 0.7660 (435m) 0.7690 (300m)

USDCAD: None of note

AUDNZD: 1.0934-35 (AUD 605m)

AUDJPY: 85.75 (AUD 560m)

• Says conservatives tried everything to make coalition talks work

• Will talk to german president to inform him that she had failed to form coalition gov't

• Immigration was main sticking point

• Germany will be in good hands in difficult weeks to come

• BoJ, govt will work closely together, take all necessary steps to end deflation

• Specific monetary policy steps up to boj to decide

• Desirable for BoJ to continue super easy policy

• Excessive yen strength has been corrected

Japan posted a merchandise trade surplus of 285.385 billion yen in October, the Ministry of Finance said, cited by rttnews - down 40.7 percent on year.

The headline figure was shy of expectations for a surplus of 330.0 billion yen and was down from 670.17 billion yen in September.

Exports climbed 14.0 percent on year to 5.870 trillion yen, also missing forecasts for 15.7 percent and down from 14.1 percent in the previous month.

Exports to Asia advanced 18.9 percent on year to 3.712 trillion yen, while exports to China alone jumped an annual 26.0 percent to 1.354 trillion yen.

Exports to the United States gained 7.1 percent on year to 1.281 trillion yen and exports to the European Union added an annual 15.8 percent to 753.412 billion yen.

Imports jumped an annual 18.9 percent to 5.389 trillion yen versus forecasts for 20.2 percent and up from 12.0 percent a month earlier.

In October 2017 the index of producer prices for industrial products rose by 2.7% compared with the corresponding month of the preceding year. In September 2017 the annual rate of change all over had been 3.1%, as reported by the Federal Statistical Office (Destatis).

Compared with the preceding month September 2017 the overall index rose by 0.3% in October 2017 (+0.3% in September and +0.2% in August).

In October 2017 the price indices of all main industrial groups increased compared with October 2016: Prices of intermediate rose goods by 4.1%. Energy prices were up 2.8%, though the development of prices of the different energy carriers diverged. Prices of electricity increased by 4.1% and prices of petroleum products by 3.4%, whereas prices of natural gas (distribution) decreased by 4.2%. Prices of non-durable consumer goods rose by 2.8%. Prices of durable consumer goods increased by 1.2% whereas prices of capital goods increased by 1.1%.

EUR/USD

Resistance levels (open interest**, contracts)

$1.1872 (6507)

$1.1851 (3063

$1.1827 (3832)

Price at time of writing this review: $1.1735

Support levels (open interest**, contracts):

$1.1714 (3425)

$1.1678 (6005)

$1.1649 (3063)

Comments:

- Overall open interest on the CALL options and PUT options with the expiration date December, 8 is 156817 contracts (according to data from November, 17) with the maximum number of contracts with strike price $1,1500 (8405);

GBP/USD

Resistance levels (open interest**, contracts)

$1.3331 (2742)

$1.3308 (3347)

$1.3273 (1344)

Price at time of writing this review: $1.3203

Support levels (open interest**, contracts):

$1.3147 (1087)

$1.3120 (1306)

$1.3090 (1400)

Comments:

- Overall open interest on the CALL options with the expiration date December, 8 is 41411 contracts, with the maximum number of contracts with strike price $1,3200 (3347);

- Overall open interest on the PUT options with the expiration date December, 8 is 40425 contracts, with the maximum number of contracts with strike price $1,3000 (3957);

- The ratio of PUT/CALL was 0.98 versus 0.94 from the previous trading day according to data from November, 17

* - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** - Open interest takes into account the total number of option contracts that are open at the moment.