Tag Archives: AUD
Foreign Exchange Outlook
The USD will continue to appreciate vs. core advanced and emerging-market currencies throughout the second half of the year.
FX G10/EM Morning Trader Views
EUR – Light squeeze off the lows at that 1.2990/1.30 support as eur x’s staged a decent recovery led by eurgbp- i have reinstated a short here at
FX G10/EM Morning Trader Views
EUR – Never wanted to rally yesterday in the face of strong corp demand in the morning and once we took out gd bids around 1.3050 we never looked back
Australia: The AUD, China, the RBA domestic demand & ABS job vacancies
The ABS’s job vacancies series fell 7.3% over the three months to May to be 19.3% lower over the year.
FX G10/EM Morning Trader Views
EUR – Rallies remain limited for eur as we open today just above the recent lows at 1.3057 (asia low).
FX Daily Strategist: Europe
Data playing into USD strength US data has continued to surprise on the firm side of expectations in June. On Tuesday,
FX G10/EM Morning Trader Views
EUR – extended through that cluster of moving avg at 1.3070/90 (50/100/200) yest but couldn’t sustain the break lower as we walked into a bout of profit taking across the board
G10 and EM Regime Machine
• Trendiness continues to fall in FX markets, with little sign of last week’s FOMC-inspired dollar move reflected in aggregate momentum.
FX G10/EM Morning Trader Views
EUR – After last weeks sell off post fed we walk in on the lows with key support here at 1.3080 in short term
CFTC: Dollar long halved just before FOMC triggered new buying
Hedge funds almost halved their bullish bets on a rising dollar as of Tuesday June 18 indicating that many bet on the wrong horse just the day before the
Healthy Adjustments
Ructions in financial markets are normally a sign of trouble and so tend to have dovish implications for interest rates.
The Week Ahead in FX
In the week ahead, markets will be closely watching US data on durable goods orders, jobless claims and consumer confidence for signs that the economic recovery is on track.