Tag Archives: CAD
FX G10/EM Morning Trader Views
EUR – After the break below this 1.2840/50 area on Friday to that new low at 1.2796 we have settled down in Asia.
CFTC: Dollar long jumps the most since March -AUD and EUR sold
Hedge funds reacted to the positive sentiment towards the dollar during the week ending May 14,
The Week Ahead in FX
In the week ahead investors will be focusing on Wednesday’s Federal Reserve minutes, as well as testimony on the economic outlook and monetary policy by Fed Chairman Ben Bernanke.
Weekly Economic & Financial Commentary
Eurozone Remains in Recession – Real GDP in the Eurozone fell for the sixth consecutive quarter in Q1-2013, and some large economies, notably, Spain and Italy, continue to contract at an alarming rate.
FX SENTIMENT REPORT
• The net USD long position increased to $25bn reflecting the current bullish environment. CAD, AUD, EUR, GBP, CHF and JPY are not only held net short,
Mid-Day FX Market Analysis
USD: The Dollar continues to build upon yesterday afternoon’s turnaround, and is now back within striking distance of reaching new high ground by the close of this week’s trading.
FX G10/EM Morning Trader Views
EUR – The reaction to the weaker US data and the aggressive squeeze to the topside capped perfectly at the lvl at 1.2930 area and
Mid-Day FX Market Analysis
USD: The Dollar is finding modest early support this morning, but is still lacking enough strength to move above yesterday’s high for move.
FX G10/EM Morning Trader Views
EUR – Well eur finally came lower yesterday, playing catch-up to the broader usd strength theme.
Mid-Day FX Market Analysis
USD: The Dollar remains well supported and continues to drive further into new high ground going into this morning’s trading.
Mid-Day FX Market Analysis
USD: The Dollar has been able to shake off negative pressure this morning, and has put together a sizable rebound from last night’s lows.