Tag Archives: CAD
FX Market Week Outlook
The euro hit a six-week low against the dollar on Friday after euro zone banks said they would repay less than half of the expected amount in emergency loans from the European Central Bank.
FX Daily Strategist: US
– CAD vulnerable to softer CPI today Yesterday, the configuration of the market could be characterised as risk-off and EUR negative. Today it is still slightly EUR bearish but risk-sentiment has recovered.
FX G10/EM Morning Trader Views
EUR – So right not to stand in the way of the break at 1.3230 yesterday as we saw widespread capitulation in the mkt below that lvl on the slightly disappointing PMI’s.
FX G10/EM Morning Trader Views
EUR – Eurusd caught upto the general USD uptick in spectacular fashion trading 1.3390-1.3235 from 3pm yesterday into asia this morning.
FX G10/EM Morning Trader Views
EUR – Signs of life again for eurusd as we hold very well at base of the range at 1.3300/20 and eventually stop fighting the positivity of European and
FX Daily Strategist: Europe
– EUR still favoured on the crosses EURUSD’s preferred bias remains on the topside as its crosses (EURGBP and EURCAD) are well supported. The release of the German ZEW survey yesterday,
FX G10/EM Morning Trader Views
EUR – Quiet and rangey yesterday with it being a US holiday and o/n we have stuck to similar ranges 1.3330-70.
Daily FX Technical Strategy – CAD, the underperformer
Renewed signs of USD/CAD demand on increased volume warn of further gains in the short term. What is more striking is the broader consistency of CAD underperformance against other commodity currencies.
CFTC: The dollar the winner following a busy week
Money managers were busy adjusting positions during the week ending 12 February according to data provided by the US CFTC.
FX G10/EM Morning Trader Views
EUR – Tried to break out the topside last week at 1.3480/1.35 and failed falling back towards the base of this 1.33/1.35 range – O/n the low has been 1.3326 in Asia and the focus is 1.3300/10 (last week lows 1.3306).
FX Market Week Outlook
The yen was lower against the dollar and the euro on Friday after a draft statement by the Group of 20 nations avoided singling Japan out for criticism over the recent weakness of its currency.
FX G10/EM Morning Trader Views
EUR – So eur unwound to the bottom of the 1.33-1.35 range yesterday on back of weaker eurozone gdp data but we held well at 1.3310/20 zone