Tag Archives: CAD
FX G10/EM Morning Trader Views
EUR – While short eur worked well initially yesterday as we traded to a low of 1.2911 the lack of follow through an subsequent nasty squeeze all the way back above 1.3030 has ensure i cut shorts for now.
FX G10/EM Morning Trader Views
EUR – So another fail at 1.3070/80, a weaker Italian auction and strong US retail sales led us to an unwind of long eur and eur x positions.
FX Daily Strategist: Europe
– CHF vulnerable after US data and ahead of the SNB USD rallied across the board following the stronger than expected 236 k gains in US NFP print, from a downwardly revised 119k gain in the previous month.
FX G10/EM Morning Trader Views
EUR – Quiet day yesterday that ended by squeezing out weak payrol/italy downgrade shorts from Friday below 1.3000.
Foreign Exchange Flows
Dovish CBs Sold Central bank expectations remain the dominant driver in FX markets. Last week the currencies least preferred were the ones where investors do not expect any sign of ‘stimulus’ withdrawal anytime soon.
FX G10/EM Morning Trader Views
EUR – A quiet Asia session post Friday’s moves as mkt settles, despite the late attempt at lower as Fitch caught up in downgrading Italy.
CFTC: Dollar buying escalates – CAD net-short at six year high
Hedge Funds and other speculative traders continued their accumulation of dollars during the week ending March 5.
FX Daily Strategist: Europe
– CHF vulnerable after US data and ahead of the SNB USD rallied across the board following the stronger than expected 236 k gains in US NFP print, from a downwardly revised 119k gain in the previous month.
FX G10/EM Morning Trader Views
EUR – Draghi time has arrived and with little fanfare it must be said, ADP data yesterday set the tone with the greenback rallying across the board with the headline pair trading 1.2965 in NYC and there is little bounce overnight.
FX G10/EM Morning Trader Views
EUR – Another quiet session for eur in a 42-71 range in Asia as mkt awaits Draghi tomorrow. Expecting 1.3080/00 to again provide resistance topside, as it did yesterday,
FX Daily Strategist: Europe
– USD: Softer today, but stronger towards weekend Commodity currencies are likely to trade well today. NZD to gain on the positive NZ Fonterra’s latest fortnightly auction which saw global dairy prices leapt by 10.4% to the highest level since June 2011.
FX G10/EM Morning Trader Views
EUR – Quiet Asia session again as we head into the PMI no.s today in europe. We held the dip at 1.2980 yesterday in ldn and ny well with spec and corp buyers,