Tag Archives: AUD
European FX Daily
– FX range bound, North Asia equities fell, – Singapore inflation surprised to the upside – Focus on the BoC – Spain to sell 84-day and 175-day bills today
Americas FX Daily
Spanish voting revives the euro again What happened overnight – Spanish PM Rajoy’s party performs well in regional elections – Japan’s trade data show further deterioration – Canada’s government rejects Malaysian bid for energy assets
FX Daily Strategist: US
– EURUSD enters a more bullish phase; Data unlikely to raise ECB easing expectations The EURUSD crept up again on Monday after Spain’s prime minister won an election victory yesterday in his home region of Galicia. This victory likely removes a hurdle for Madrid to apply for EU/ECB intervention via OMTs.
FX G10/EM Morning Trader Views
EUR – Profit taking at the back end of last week saw us dip 120 pip to that 1.3000/20 zone and despite trading heavy on the close in ny friday the bids remained then and on the open in asia
CFTC: EUR buying resumed; The other currency futures were sold
Hedge funds and other large traders made only small adjustments to their IMM currency futures positions during the week ending October 16.
G10/EM Morning Trader Views
EUR – So 1.3130/40 resistance remains intact despite another attempt yesterday in ldn to breach. An o/n NY wobble on some early reported goggle results enough to clean some weak long positioning below 1.3075 but still not much follow through with 1.3055 the low.
European FX Daily
– China’s 3Q GDP accelerated from Q2 and September data surprised positively – Turkey likely to ease monetary policy – Philly Fed in focus in the US – We recommend selling INRTWD
FX G10/EM Morning Trader Views
EUR – Nice hold above the break of 1.2990/1.3000 and while we didnt break that 1.3070 resistance first off we held nicely on the dip to 1.3000/20 breaking at the second ateempt as moody’s reaffirmed spains rating
FX G10/EM Morning Trader Views
EUR – Remain long looking for a break at the top end of the recent range (1.2800-1.2990/1.30) a break I expect to yield 1.3050/70 before backing off again
FX G10/EM Morning Trader Views
EUR – focus this week will be the EC meeting on 18th/19th, until then I expect the downward pressure to remain on the single ccy with this grind lower to persist.
European FX Daily
– Asian equities mixed, FX treading water – MAS surprised hawkish: we have revised our USDSGD forecasts lower to 1.225 in three months and 1.210 in twelve months. – We recommend buying 2m USDCAD topside seagulls and short USDBRL NDF
FX Daily Strategist: Europe
– Markets hold in well despite plenty of negative catalysts Markets continue to hold in well. The catalysts for risk-off are plenty, including earnings season uncertainty, Japan-China tensions and trade disruption, uncertainty on when Spain requests assistance (and yesterday’s S&P downgrade) and geopolitical tensions surrounding Turkey, Syria and Iran.