Tag Archives: AUD

European FX Daily

– Australian building approvals strengthen – Singapore’s unemployment rate fell to a 7-quarter low in Q3 – Chicago PMI and Swiss reserve accumulation in focus – We recommend short-dated USDJPY downside RKI seagulls

FX Daily Strategist: Europe

– Teflon-coated AUD attempting to break higher Australian building approvals surprised to the upside for September rising by 7.8% mm (expected 1.0% mm) from an upwardly-revised 8.8% mm in August.

FX Daily Strategist: US

– BoJ just meets consensus – USDJPY at risk of fall The BoJ expanded its asset purchases by JPY 11trn (to JPY 91trn), pretty much meeting expectations ahead of the event, with the split as expected as well (5trn JGBs, 5trn bills, 1trn CP, corporate bonds, ETFs and REITs).

RBA Dep Gov talking abt high AUD

RBA Observer Update Speech shows more concerns about high AUD Deputy Governor Philip Lowe gave a speech tonight linking relatively high local rates with the high AUD. This comes after numbers last week showed the RBA accumulated more reserves than usual in the past two months.

Dbdaily: European Edition

HEADLINES… – Markets: US markets closed as Hurricane Sandy heads towards NY, markets to remain closed Tuesday. US stock futures re-open weaker, Moody’s puts long-term ratings of 6 Canadian banks on review for downgrade.

CFTC: Heavy JPY selling and small CAD to AUD reshuffle seen

Speculators sold JPY by the biggest amount in 18 months during the week ending October 23, according to the latest data from the CFTC.

FX G10/EM Morning Trader Views

EUR – Whipping around on a 1.29 handle with a stop run to 1.2972 in asia but still opens up in ldn soft around this 1.2915 lvl. Feels like the unresolved issues in greece weighing on the eur slightly with potential for this to grow during the week.

FX G10/EM Morning Trader Views

EUR – Chopping the mkt to pieces in this 1.29/1.3030 range – After a gd test and fail yesterday at that 1.3030 lvl we wiped the decks of longs to at 1.29155 low on the ldn open this morning.

G10/EM Morning Trader Views

EUR – So eurusd demand at 1.2900/20 never got filled and with eurjpy buying again supporting eur into a short market post the weak PMIs and ifo yesterday we walk into ldn open with a stop run 1.2995-1.3015. 1.3020/30 still remains the lvl topside in short term and I continue to think the mkt chops […]