Tag Archives: CAD

FX G10/EM Morning Trader Views

EUR – Disappointing fail yesterday to break and close above that 1.3480 – a print at 1.3520 unwound by a headline in Bild regarding ecb concerns over recent strength.

FX G10/EM Morning Trader Views

EUR – Squeezed mkt out yesterday of weak shorts taking out the 1.3430/50 area but stopping short of breaking 1.3480. Selling dominated above 1.3450 from lev and RM a/cs.

FX G10/EM Morning Trader Views

EUR – Range bound for much of yesterday and o/n in Asia – We managed to stay below that 1.3430 zone yesterday despite comments from Weidman suggesting that eur strength isn’t an issue.

FX Technical Volume Strategy: The west weakens JPY

– On Monday, FX volumes dropped to the 80th percentile – still a strong showing considering that most of Asia was absent.

FX G10/EM Morning Trader Views

EUR – So early Asia flush out below that 1.3350 lvl that held Friday but we snap back quick. Looking at this 1.3330 as the support again on the day.

CFTC: EUR and JPY bought at the expense of GBP, CAD and AUD

Hedge funds and other money managers made relatively small adjustment to their IMM currency positions during the week ending February 5 according to the latest “Commitment of Traders” report from the Commodity Futures Trading Commission (CFTC).

FX Market Week Outlook

The EUR extended losses into a second day on Friday after ECB chief Mario Draghi said the bank would closely monitor developments in the markets to see if the stronger euro had an effect on the inflation outlook.

FX Daily Strategist: Europe

– EUR down but far from out after the ECB The EUR has been under pressure after the ECB announcement. The accompanying statement by ECB President Mario Draghi repeated than risks to price stability were broadly balanced but added the reference to the EUR appreciation as the downside risk to the outlook.

FX G10/EM Morning Trader Views

EUR – Finally ECB day is upon us and after some big volatility on the week for eur and eur x’s we sit comfortable for now on a 1.35 handle.

SEK enters the Riksbank equation

Financial markets have rapidly bought the euro as investors substantially increase exposure to undervalued European assets following sharp falls in risk premiums.

FX G10/EM Morning Trader Views

EUR – Surprisingly one way traffic since that Friday high above 1.37 – Mkt that’s long and political issues in Spain/Italy leading to an unwind of positioning to an Asia low of 1.3462.

FX G10/EM Morning Trader Views

EUR – Friday was a day of big moves in eur and eur x’s and that move off the lows at 1.3585 to test above 1.37 was no exception.