Tag Archives: AUD

CFTC: JPY overtakes EUR as most sold currency

Money managers continued to aggressively sell the JPY during the week ending November 27, despite Japan’s Liberal Democratic Party leader Abe sounding less aggressive on the Bank of Japan’s future monetary policy.

FX Daily Strategist: Europe

– 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.

FX G10/EM Morning Trader Views

EUR – support at 1.2880 held perfectly yesterday as a quick headline saw waves of short covering with this showing no signs of slowing overnight.

FX G10/EM Morning Trader Views

EUR – Mkt seem to be leaning on bids 00/10 zone with stops awaiting below the 00 – yesterday definitely a buy the rumour of greek deal sell the fact with the inability of eur and eur x’s to break through important range highs across the board leading this sell off.

European FX Daily

– US fiscal cliff concerns depress risk appetite and boost the JPY – Philippines’ GDP much stronger than expected at 7.1%yoy – Brazil likely to keep monetary policy unchanged – US home sales likely to rise to 400k in October

FX Outlook & Trades 2013: Stronger cyclical currencies

Today we publish a slightly longer version of FXR with our general thoughts and outlook for G10, EM and Asian currencies 2013.

FX G10 and EM Morning Trader Views

EUR – Finally Europe get the deal done and we see a spike in eur and eur x’s but as yet no follow through on yesterdays move.

CFTC: USD bought against all eight IMM currencies

Money managers and hedge funds flocked to the dollar during the week ending November 20, according to data released late due to a US holiday on Friday. During the week some seven billion dollars were bought, primarily against JPY, EUR and GBP.

FX G10 and EM Morning Trader Views

EUR – A positive end to last week in EURUSD and EURxxx, EURJPY closing above its weekly cloud the stand out, already seeing some early corp demand for EURUSD on the open as Asia shrugged off the anticipated news of a pro-referendum majority in Catalonia and now eyes turn to whether Greece will be granted […]

European FX Daily

– Thailand’s trade deficit widened, Singapore IP surprised weak – Eurogroup meets again on Greece – Focus on Q3 GDP releases this week

FX G10/EM Morning Trader Views

EUR – Dragged by eurjpy earlier in the week now its catching up to the general improved risk sentiment and squeezing the week shorts put on pre/post draghi at the start of the month

Asia FX Market

The dollar was trading close to two-week lows against the euro and also fell against the yen as it retraced gains from fresh seven-months highs hit in overnight trades.