Tag Archives: AUD
FX Daily Strategist: Europe
– Post-G20, our bias remains to sell JPY rallies The G20 statement over the weekend has avoided singling out Japan regards currency devaluation or manipulation.
FX Market Week Outlook
The yen was lower against the dollar and the euro on Friday after a draft statement by the Group of 20 nations avoided singling Japan out for criticism over the recent weakness of its currency.
FX G10/EM Morning Trader Views
EUR – So eur unwound to the bottom of the 1.33-1.35 range yesterday on back of weaker eurozone gdp data but we held well at 1.3310/20 zone
FX G10/EM Morning Trader Views
EUR – Disappointing fail yesterday to break and close above that 1.3480 – a print at 1.3520 unwound by a headline in Bild regarding ecb concerns over recent strength.
FX G10/EM Morning Trader Views
EUR – Squeezed mkt out yesterday of weak shorts taking out the 1.3430/50 area but stopping short of breaking 1.3480. Selling dominated above 1.3450 from lev and RM a/cs.
FX G10/EM Morning Trader Views
EUR – Range bound for much of yesterday and o/n in Asia – We managed to stay below that 1.3430 zone yesterday despite comments from Weidman suggesting that eur strength isn’t an issue.
FX Technical Volume Strategy: The west weakens JPY
– On Monday, FX volumes dropped to the 80th percentile – still a strong showing considering that most of Asia was absent.
FX G10/EM Morning Trader Views
EUR – So early Asia flush out below that 1.3350 lvl that held Friday but we snap back quick. Looking at this 1.3330 as the support again on the day.
CFTC: EUR and JPY bought at the expense of GBP, CAD and AUD
Hedge funds and other money managers made relatively small adjustment to their IMM currency positions during the week ending February 5 according to the latest “Commitment of Traders” report from the Commodity Futures Trading Commission (CFTC).
FX Market Week Outlook
The EUR extended losses into a second day on Friday after ECB chief Mario Draghi said the bank would closely monitor developments in the markets to see if the stronger euro had an effect on the inflation outlook.
FX Daily Strategist: Europe
– EUR down but far from out after the ECB The EUR has been under pressure after the ECB announcement. The accompanying statement by ECB President Mario Draghi repeated than risks to price stability were broadly balanced but added the reference to the EUR appreciation as the downside risk to the outlook.
FX G10/EM Morning Trader Views
EUR – Finally ECB day is upon us and after some big volatility on the week for eur and eur x’s we sit comfortable for now on a 1.35 handle.