Forex-novosti i prognoze od 28-05-2018

• This rate will be equal to the current funding rate (16.50%)

• One-week repo rate will be the policy rate of the central bank

• Has decided to complete the simplification process regarding the operational framework of the monetary policy

• The new operational framework will take effect on 1 june 2018

• Sight deposits of domestic banks at 466.33 bln sfr in week ending may 25 versus 470.379 bln sfr a week earlier

• Japanese automakers have created jobs, made huge contributions to U.S. economy

• "Significant" risk of a material weakening in Italy's fiscal strength is among key drivers for initiation of review for downgrade

• A key driver for review is risk that structural reform effort stalls & past reforms such as pension reforms implemented in 2011 are reversed

• Italy's long-term and short-term foreign-currency bond and deposit ceilings remain unchanged at aa2 and p-1, respectively

• 'I truly believe North Korea has brilliant potential and will be a great economic and financial nation one day'

EUR/USD

Resistance levels (open interest**, contracts)

$1.1784 (2430)

$1.1754 (1907)

$1.1714 (352)

Price at time of writing this review: $1.1720

Support levels (open interest**, contracts):

$1.1626 (3362)

$1.1598 (2827)

$1.1565 (5068)

Comments:

- Overall open interest on the CALL options and PUT options with the expiration date June, 8 is 157583 contracts (according to data from May, 25) with the maximum number of contracts with strike price $1,1500 (6114);

GBP/USD

Resistance levels (open interest**, contracts)

$1.3477 (1121)

$1.3441 (489)

$1.3410 (108)

Price at time of writing this review: $1.3335

Support levels (open interest**, contracts):

$1.3268 (1699)

$1.3242 (1278)

$1.3210 (1055)

Comments:

- Overall open interest on the CALL options with the expiration date June, 8 is 38818 contracts, with the maximum number of contracts with strike price $1,3600 (2437);

- Overall open interest on the PUT options with the expiration date June, 8 is 41828 contracts, with the maximum number of contracts with strike price $1,3400 (2375);

- The ratio of PUT/CALL was 1.08 versus 1.06 from the previous trading day according to data from May, 25.

* - 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.