Tag Archives: AUD
Asia FX Market
The dollar was marginally stronger against the yen in Asian trade Tuesday on expectation of more easing by the Bank of Japan and up slightly versus the euro.
FX G10/EM Morning Trader Views
EUR – Mkt seizing on the Monti news over the w/e to hit eur lower on the open – We currently holding this 1.2880/75 support zone that we held Friday on the post payroll sell off.
CFTC: AUD long at record high – JPY short at five-year high
The weekly look at money managers exposure in the eight IMM currency futures reveals some major changes during the week ending December 4.
FX Daily Strategist: Europe
– ECB hurt EUR-crosses and EURUSD; but we expect a bounce-back in EURUSD by year-end on a dovish Fed The ECB left its Refi rate unchanged at 0.75% yesterday, as expected, but President Mario Draghi’s dovish comments at the press-conference triggered a broad EUR sell-off.
FX G10/EM Morning Trader Views
EUR – Mkt caught offside with Draghi’s downgrading of growth/inflation forecasts yesterday and as we took out support at 1.3010/25 we dragged more people in – lev, rm and spec all hitting eur and eur x’s
European FX Daily
– German IP likely to rise – Hurricane Sandy likely depressed US payroll growth to 70k – But Canadian employment is expected to be strong
FX Daily Strategist: US
– ECB unlikely to derail positive EUR sentiment The positive euro sentiment in place since early November has been reduced slightly; some key EUR crosses are sitting on key support at this time (e.g. EURGBP just above 0.8110/12, EURUSD above 1.3035, channel base from mid-November).
FX G10/EM Morning Trader Views
EUR – ECB day has arrived and we have moved back into the range after a failure at that 1.3140 oct highs yesterday.
FX Daily Strategist: Europe
– RBNZ gives wings to the kiwi, AUD supported by better-than-expected Aussie employment print The RBNZ left the OCR unchanged at 2.50%, as expected, but the statement was hawkish.
FX G10/EM Morning Trader Views
EUR – Yesterday tough to be long with the orderbook so skewed to selling between 1.3080-1.3130 however we walk in today with the orders all filled or gone to mkt leaving the orderbook topside much lighter.
FX G10 and EM Morning Trader Views
EUR – Holding nicely above the 1.3025/1.3045 resistance zone without really pushing on. Yesterdays break of 1.3050 resulted in a wave of profit taking from rm/lev and spec so it will be interesting to see how we respond today.
FX Daily Strategist: US
– Central banks in the spotlight this week; further AUD gains ahead Central bank meetings – RBA, ECB, BOE and BOC — are in the spotlight this week. Of focus tomorrow, the RBA policy announcement will offer some opportunities for AUD.