FX option expiries for 21 July 10am New York cut

There are just a couple to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1600 and 1.1640 levels. The expiries are sandwiching the 100-hour moving average, seen at 1.1623 currently. As things stand, the pair continues to be pinned down by the key hourly moving averages … Read more

China’s rare earth magnet exports to U.S. surge 660% after June trade deal breakthrough

China’s exports of rare earth magnets to the U.S. surged in June, jumping over 660% from the previous month to 353 metric tons, according to Chinese customs data published Sunday. The spike follows trade agreements reached in June aimed at easing restrictions on rare earth shipments to the U.S., which are critical for electric vehicles … Read more