Tag Archives: CAD
FX G10/EM Morning Trader Views
EUR – Choppy is the best way to describe eur price action recently and yesterday no different. Support from corps and longer term names at 1.30/1.3030 provided support offers from spec and
Market Analysis: US
USD: The Dollar is finding moderate pressure this US morning as prices have consolidated within a tight trading range after the extreme volatility of the past two sessions.
FX G10/EM Morning Trader Views
EUR – Full reverse off the 1.32 resistance lvl yesterday. With many of the shorts all taken off the day before not much to stand in the way of it coming lower,
FX Daily Strategist: Europe
Despite a dovish ECB, EURUSD attractive under 1.30 The EUR has been the currency under pressure after comments from the Bundesbank President Jens Weidmann who said that the ECB may cut rates if additional information warrants such a move.
Message From Markets: Dollar Uptrend Intact
This month’s mixed dollar performance has added doubts about the dollar trend. Indeed, FX analysts have revised up their year-end forecasts for both the euro and
Market Analysis: US
USD: The Dollar is finding moderate strength this morning, but still has a long way to go in order to fully recover from yesterday’s sharp downdraft.
Daily FX Update
– USD is weak, retracing some of yesterday’s strength. – Gold’s 15% two session collapse suggest unease with the economic outlook, vulnerable markets & limited ability for the Fed to taper QE.
US Market Analysis
USD: The Dollar could not sustain a recovery from overnight pressure and is posting moderate losses this morning,
FX Ringside
For years we have argued that currencies enjoying strong fundamentals and slightly higher bond yields, such as commodity and Scandinavian currencies should benefit from portfolio inflows.
FX G10/EM Morning Trader Views
EUR – Stuck in a 1.3020/1.3120 range, while risk sells off and commodities get hit. Ultimately happy to sell rallies towards 1.3150 with a stop above 1.3220
Daily FX Update
– USD is strong as gold collapses, China’s growth disappoints and the US Treasury suggests it is monitoring Japan closely.
US Market Analysis
USD: The Dollar was able to rebound, although clearly underperforming the Yen as a safe-haven destination at the start of this week.