Tag Archives: CAD
FX Daily Strategist: US
– USD better supported this week amid dovish central banks The USD is likely to remain better bid this week. This is likely driven by a number of factors. First, several central banks (RBA, BOE, and ECB) likely to sound more dovish at meetings,
FX G10/EM Morning Trader Views
EUR – Nasty squeeze back towards 1.3040 in late NY Friday cleaned the decks of a few short/stops topside however we have failed to make any further eur gains in Asia.
CFTC: Dollar buying jumps the most in more than five years
Speculative traders in IMM currency futures were major buyers of dollars during the week ending February 26.
FX Market Week Outlook
The USD was broadly higher against the other major currencies on Friday as upbeat US data fuelled expectations for an early end to the Federal Reserve’s easing program,
FX G10/EM Morning Trader Views
EUR – So after the painful squeeze yesterday in Asia, eurusd is resold into the month end and we open today back around the Asia lows.
FX Daily Strategist: Europe
– EUR under pressure from ECB rate cut hopes The EUR continue to trade just above 1.3050 as dovish ECB expectations outweigh some further compression in the Italian-German 10Y spread (330bps vs. 345bps Tuesday).
FX G10/EM Morning Trader Views
EUR – Its month end day and mkt, myself included, caught short from the failure to break the 1.2990/1.30 area in the last couple of days.
FX G10/EM Morning Trader Views
EUR – Eur did a lot of work yesterday on a 1.30 handle, but after the early LDN dip never really looked like it would revisit the early morning lows at 1.3018.
Plenty of potential market movers this week
Just before the end of last year it seemed markets had reverted to a pre-crisis mood involving limited activity and low volatility.
FX G10/EM Morning Trader Views
EUR – So full disappointment in the Italian elections for mkts leads to general cutting of major risk positions in eur and eur x’s – with eurjpy leading the charge (down 5%)
FX G10/EM Morning Trader Views
EUR – After opening in Asia with a squeeze clearing the book of stops topside to 1.3240, assisted in no small part by eurjpy demand, we have settled back down into 1.3190/30 range.
CFTC: Widespread dollar buying – MXN now the most preferred
Money managers and other speculative traders were net buyers of the dollar against all eight IMM currency futures, apart from NZD, during the week ending February 19.