Tag Archives: AUD
FX G10/EM Morning Trader Views
EUR – Remains the most resistant to USD strength for the time being as we see from rally in eur x’s.
GBP weakening again. JPY awaits Kuroda press conference
The market is bidding up Euro’s across the board as GBP, CHF and JPY were all weak yesterday.
Daily Points
KEY POINTS: – Risk markets trading on idiosyncratic drivers – RBA minutes back away from currency targeting
FX G10/EM Morning Trader Views
EUR – Wave of general usd selling yesterday led to a further squeeze in eur after we failed to get back below 1.2830 in LDN yesterday.
RBA Board Minutes – May 2013
– The RBA Board minutes essentially sing from the same economic song sheet as the RBA Statement on Monetary Policy (SMP) released on 10 May,
FX G10/EM Morning Trader Views
EUR – After the break below this 1.2840/50 area on Friday to that new low at 1.2796 we have settled down in Asia.
CFTC: Dollar long jumps the most since March -AUD and EUR sold
Hedge funds reacted to the positive sentiment towards the dollar during the week ending May 14,
Australian Markets Weekly
– AUD breaks parity, the range, and a slew of important technical levels – largely on broad-based USD demand.
The Week Ahead in FX
In the week ahead investors will be focusing on Wednesday’s Federal Reserve minutes, as well as testimony on the economic outlook and monetary policy by Fed Chairman Ben Bernanke.
Weekly Economic & Financial Commentary
Eurozone Remains in Recession – Real GDP in the Eurozone fell for the sixth consecutive quarter in Q1-2013, and some large economies, notably, Spain and Italy, continue to contract at an alarming rate.
FX SENTIMENT REPORT
• The net USD long position increased to $25bn reflecting the current bullish environment. CAD, AUD, EUR, GBP, CHF and JPY are not only held net short,
FX G10/EM Morning Trader Views
EUR – The reaction to the weaker US data and the aggressive squeeze to the topside capped perfectly at the lvl at 1.2930 area and