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  • CME Group’s FX Futures and Options Hit All-Time-High Volume in Sept

    From financemagnates.com

    The volume of forex futures and options traded on Chicago Mercantile Exchange’s (CME) CME Globex hit an all-time-high monthly volume in September. Year-over-year, the average daily volume (ADV) of FX futures in contract terms surged thus: Euro (59%), Japanese yen (78%), British pound (84%), Australian dollar (13%), Canadian dollar (31%), Swiss franc (24%) and New Zealand dollar (48%). For forex options, the numbers improved by: EUR (80%), GBP (74%), and JPY (33%). CME Group disclosed these on Tuesday in its September and third quarter 2022 market statistics shared with Finance Magnates. Paul Houston, Global Head of ... (full story)

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    ADP Reports Better Than Expected Jump In Jobs In September, Wage Growth Accelerates

    From zerohedge.com|Oct 5, 2022|1 comment

    Ahead of Friday's big number, and following last month's dismal print (under its new model regime) which dramatically under-predicted the payrolls print in August, ADP was ...

    Swiss National Bank "Monitoring" Credit Suisse Situation

    From zerohedge.com|Oct 5, 2022|1 comment

    What do credit traders know that equity traders are ignoring? While equity prices had risen for the last two days, dragged higher by the market's melt-up, Credit Suisse credit ...

    Pound’s Six-Day Rally Screeches to Halt on Resurgence of US Dollar

    From bnnbloomberg.ca|Oct 5, 2022

    The pound sank more than 2% as traders piled back into the dollar on bets that the Federal Reserve will stick to hiking interest rates. Sterling fell as low as $1.1227, snapping ...

    •   Newer Stories
    US Dollar Forecast: ’Buy the Dip’ Mentality Persists for DXY Index, USD/JPY

    From dailyfx.com|Oct 5, 2022

    Mixed US economic data in recent days – a surprising drop in August US JOLTs and a surprising beat in the September US ISM services PMI – leaves the US Dollar (via the DXY Index) ...

    Bostic, on speculation of rate cuts in 2023, says 'not so fast'; Fed shouldn’t 'overreact’ if 2%...

    From @cablefxmacro|Oct 5, 2022|1 comment

    tweet at 4:00pm: *BOSTIC, ON SPECULATION OF RATE CUTS IN 2023, SAYS `NOT SO FAST' *BOSTIC: FED SHOULDN’T `OVERREACT’ IF 2% ISN’T QUICKLY REACHED *BOSTIC: BASELINE IS ECONOMY CAN WITHSTAND 4% TO 4.5% *BOSTIC WARNS AGAINST REVERSING COURSE `PREMATURELY’ tweet at 4:02pm: Fed’s Bostic: Repeats Wants Rates At A "Moderately Restrictive" Level From 4 To 4.5%, Then Hold To Assess Impact - Fed Should Not Be Quick To Cut Rates If Economy Weakens, But Stay "Purposeful And Resolute" In Seeing Inflation Lowered

    FINRA Fines UBS Securities $2.5 Million for Regulation SHO Violations and Supervisory Failures

    From finra.org|Oct 5, 2022

    FINRA announced today that it has fined UBS Securities LLC (UBS) $2.5 million for Regulation SHO (Reg SHO) violations and supervisory failures spanning a period of nine years. Reg ...

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  • Story Stats
  • Posted: Oct 5, 2022 3:01pm
  • Submitted by:
     Newsstand
    Category: Forex Industry News
    Comments: 0  /  Views: 553
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