Tag Archives: AUD
FX G10/EM Morning Trader Views
EUR – Well eur finally came lower yesterday, playing catch-up to the broader usd strength theme.
Central banks in focus – speculative flows driving markets
– Risk appetite has surged after the latest (positive) NFP number and USD has strengthened on the contrary to its more common negative correlation with risk appetite.
FX G10/EM Morning Trader Views
EUR – Frustration again yesterday for eur bears with a retest below 1.2950 met with corp and longer term demand.
CFTC: Dollar bought ahead of the spike due to AUD weakness
Hedge Funds were already busy buying dollars ahead of the Thursday spike during the week ending May 7 according to the
The Week Ahead in FX
In the coming week, investors will be awaiting preliminary data from the euro zone and Japan on first quarter economic growth, as well as the ZEW report on German economic sentiment.
FX SENTIMENT REPORT
CAD SHORT COVERING ACCELERATES • This week, traders favoured adding to USD long positions, driving the net position to $18bn.
Weekly Economic & Financial Commentary
Few Surprises in a Slow Data Week • There were few surprises in this week’s light schedule of economic releases. The monthly JOLTs employment figures showed hiring picking up modestly,
A Weekly Financial Digest
The U.S. economy is now almost four years into its recovery, but it doesn’t feel that way to many Americans,
The Week Ahead
It was a positive week for global equities. The US share market hit new record highs, while the ASX continued to grind higher.
US Morning Update
Major overnight headlines: – Japan’s Amari says strength in US recovery reflected in USD rise – Japan is net buyer of foreign bonds for first time since March in May 3rd week, Bloomberg says
Statement on Monetary Policy – May 2013
– The RBA has cut its inflation forecasts but left the GDP projections unchanged. – The easing bias was not explicitly stated but the risks lie with another rate cut in August following the next inflation update.