{"id":76785,"date":"2015-08-13T02:01:21","date_gmt":"2015-08-13T06:01:21","guid":{"rendered":"http:\/\/countingpips.com\/?p=76785"},"modified":"2015-08-13T06:55:10","modified_gmt":"2015-08-13T10:55:10","slug":"markets-calmer-after-third-chinese-yuan-devaulation","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/08\/markets-calmer-after-third-chinese-yuan-devaulation\/","title":{"rendered":"Markets calmer after third Chinese yuan devaulation"},"content":{"rendered":"<div id=\"inves-2519317635\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 13, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>JPY<br \/>\n\u2022 USD\/JPY dipped after the Chinese yuan was fixed lower again but risk sentiment was better today and the USD\/JPY bounced back quickly.<br \/>\n\u2022 USD\/JPY moved up, from 124.07 to 124.46 in a slow Asian session.<br \/>\n\u2022 Resistance at 124.50, support at 124.00.<br \/>\n\u2022 EUR\/JPY traded a range of 138.50-85.<br \/>\n\u2022 GBP\/JPY traded 193.75 to 194.38, AUD\/JPY 91.19 to 92.04, NZD\/JPY 81.94 to 92.48.<\/p>\n<p>EUR<br \/>\n\u2022 EUR\/USD opened in Asia at 1.1158, 1.1% gain yesterday on broad USD weakness.<br \/>\n\u2022 Brief push up to 1.1189 post-CNY fix before reversing lower, low 1.1131.<br \/>\n\u2022 Market was less risk-off today, regional equity markets were calm despite CNY moves.<br \/>\n\u2022 As China anxiety fades, odds of Fed September rate hike up.<br \/>\n\u2022 Rallies on European bourses likely, should weigh on EUR.<br \/>\n\u2022 EUR\/USD support at 1.1075, Fibo 38.2% of 1.0847-1.1215.<\/p>\n<p>GBP<br \/>\n\u2022 GBP\/USD was steady after a push down from 1.5661 to 1.1.5602 in New York.<br \/>\n\u2022 Asia range 1.5608-36, due to disappointing UK jobs data yesterday. Support is seen at 1.5600.<br \/>\n\u2022 EUR\/GBP backs off from 0.7170 high overnight, Asia 0.7156 to 0.7127.<\/p>\n<p>CHF<br \/>\n\u2022 USD\/CHF was better bid, 0.9732-70 in Asia, moved away from 0.9678 yesterday\u2019s low.<br \/>\n\u2022 EUR\/CHF too steadies after yesterday\u2019s 1.0964-1.0840 fall, Asia 1.0874-90.<\/p>\n<p>AUD<br \/>\n\u2022 AUD\/USD opened in Asia at 0.7380, traded between 0.7325-0.7409 as China was the focus again.<br \/>\n\u2022 Massive reversal yesterday from 0.7217 low, but China anxiety fading.<br \/>\n\u2022 Asia central bank intervention to prop up currencies supportive.<\/p><div id=\"inves-2900510450\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>NZD<br \/>\n\u2022 NZD\/USD 0.6595-0.6642 parameters in Asia, China again focus.<br \/>\n\u2022 Market better bid with China anxieties fading, regional bourses up.<br \/>\n\u2022 Range 0.6615-35 after weaker CNY fix digested, AUD\/USD too in range.<br \/>\n\u2022 AUD\/NZD better bid, range 1.1130-68, low yesterday 1.1098.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime JPY \u2022 USD\/JPY dipped after the Chinese yuan was fixed lower again but risk sentiment was better today and the USD\/JPY bounced back quickly. \u2022 USD\/JPY moved up, from 124.07 to 124.46 in a slow Asian session. \u2022 Resistance at 124.50, support at 124.00. \u2022 EUR\/JPY traded a range of 138.50-85. \u2022 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-76785","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=76785"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76785\/revisions"}],"predecessor-version":[{"id":76806,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76785\/revisions\/76806"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=76785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=76785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=76785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}