Tag Archives: AUD
FX G10/EM Morning Trader Views
EUR – ECB day has arrived and eur still sitting on a 1.30 handle as mkt awaits the decision and press conf from draghi.
FX Daily Strategist: Europe
– AUD benefits from the strong Chinese trade prints; stay long Risk sentiment has been lifted by the impressive set of China trade prints which revealed that both exports and imports grew significantly more than expected while trade surplus widened to USD31.62bn (against expectations of USD 20bn) in December from USD19.6bn prior.
Asia FX
The AUD jumped to its highest in over three weeks, and its best level so far in 2013, in the Asian session Thursday, after the release of better-than-expected Chinese trade numbers.
FX Daily Strategist: Europe
– JPY bounce can extend further Headline that the next BoJ governor candidate needs to have an understanding of PM’s Abe easing policy plans,
European FX Daily
– Asian equities rallied, USD weakened – Australia retail sales surprised weak – Malaysia trade surplus narrowed less than expected
FX G10/EM Morning Trader Views
EUR – Topped nicely at that 1.3140 resistance yesterday despite some gd buying in the morning which ultimately failed to take us higher leading to a bailout by spec/cta guys back into the middle of the 1.3000/1.3150 range.
Market Summary
It’s a rather quiet trading day so far as most major pairs and crosses are stuck in tight range. Euro staged a rebound overnight but is struggling to keep on with momentum.
Daily Market Analysis
Euro rebounded broadly overnight on building expectations that ECB would keep the policy rate unchanged at 0.75% this week.
CFTC: Dollar short rise as IMM currency traders go net-long EUR
During the shortened trading week ending January 1 speculative investors became net-long of EUR for the first time since August 23 2011.
FX G10/EM Morning Trader Views
EUR – Sustained bout of EURUSD and EURxxx selling over the past 24 hours, initially in London yesterday it was CTA and model guys selling aggressively between 1.3150 and 1.3100,
FX G10/EM Morning Trader Views
EUR – Big disappointment for eur bulls yesterday with a fail at the dec highs at 1.3300/10 and then some eur x selling (mainly euraud and cad)
FX G10/EM Morning Trader Views
EUR – Mkt held back towards last few days of 2012 in terms of risk as it awaited the news on the fiscal cliff – We eventually got the deal, in some form, o/n and the mkt has responded positively accordingly.