FX option expiry at the 10am New York time cut today
EUR/USD
- 1.1300 515m euro
- 1.1450 713m
- 1.1465 1.3bn
- 1.1500 629m
USD/JPY
- 109.85 360m US dollars
- 110.00 1.6bn
- 110.10 451m
GBP/USD
- 1.3100 265m GBP
AUD/USD
- 0.7240 856m AUD
- 0.7250 721m
EUR/USD
USD/JPY
GBP/USD
AUD/USD
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China firms boosted FX hedging as yuan strength pressures exporters, with forward settlement contracts hitting a record $107bn in February. Dollar weakness, firm PBoC fixing and strong exports are driving the currency higher.
PBOC sets USD/ CNY mid-point today at 6.8909 (vs. estimate at 6.8798)
UNH stock's 35% drop may be priced in; trading at 15.8x earnings, it's poised for a rebound.
ZUMZ beats revenue/EPS estimates, but guidance misses. Margin gains offset by international woes. Buy?
LOCO beats EPS estimates 25% on strong sales growth. Menu innovation & expansion drive returns, but watch valuation.
Kia's 329-HP Telluride Hybrid boasts 30+ MPG, extending its reign as a top three-row SUV.
Medical device stocks saw mixed Q4 returns. ITGR beat revenue estimates but fell 2.7%. GMED surged 25.7% but dropped 6.7%. STAA missed revenue by 23.8%.
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