Tag Archives: AUD
FX Daily Strategist: Europe
– A weaker NFP risks an unwind of USD longs USD has been surging against the JPY but losing ground elsewhere, including the EUR, GBP and CAD.
FX G10/EM Morning Trader Views
EUR – Painful best way to describe yesterdays moves, with Draghi dovish and a break to marginal new lows at 1.2744 providing what we were looking for before eur fully reversed 200 pips as everyone,
FX Daily Strategist: Europe
– Aggressive BOJ easing beyond market expectations; USDJPY and Nikkei rallied sharply The BoJ delivered aggressive easing measures at today’s meeting, exceeding market expectations. This provided a boost of more than one big figure to high of 94.34 in USDJPY.
FX Daily Strategist: Europe
– Scope for further commodity bloc gains FX markets continue to trade along our expectations for a mixed tone in the USD, with clear divergences across the G10.
FX G10/EM Morning Trader Views
EUR – As the 200 day capped us nicely on topside at 1.2890, weaker PMI’s were enough to set the tone yesterday for the move lower.
CFTC: AUD buying continues and GBP net-short hits 23-month high
Money managers were net sellers of dollars for the first time in nine weeks during the week ending March 26, primarily due to continued strong buying of AUD,
The Week Ahead in FX
The USD was steady against the other major currencies in quiet trade on Friday with many markets closed for the Easter holidays, as better-than-forecast US data supported the dollar.
FX Technical Volume Strategy: AUD losing appeal
– Volumes picked up on Wednesday, with CAD activity registering a top ten day for the past year.
FX G10/EM Morning Trader Views
EURUSD – Choppy would be an understatement but the trend remains to the downside. Long term and corporate buying slows the move and i expect this to continue but bias is still for lower.
Asia FX View Summary
China (CNY, CNH) Macro: The economy is recovering and we expect 8.1% growth in 2013 compared to 7.7% in 2012.
FX Ringside
Once again we are reminded of the huge challenges facing Europe trying to transform an imperfect currency union into a sustainable project.
FX G10/EM Morning Trader Views
EURUSD – Mkt sold the fact yesterday stopping itself begrudgingly back into the short eurusd trade, helped in no small part by comments from the head of eurogroup finance ministers suggesting the Cyprus bailout could be a template for the rest of Europe.