Tag Archives: CAD
FX Daily Strategist: Europe
– Soft Aussie CPI print reinforces expectations of a 25 bp rate cut in February Aussie Q4 CPI printed a touch softer at 0.2% QoQ (vs. expectations of 0.4%) and 2.2% YoY (vs. expectations of 2.4%).
European FX Daily
– Inflation surprised weak in Australia; strong in Singapore – BoC to stay on hold, unlikely to shift away from hawkish guidance
FX G10/EM Morning Trader Views
EUR – Wild and choppy best describes yesterdays price action and we sit right in the middle of the range 1.3250/1.3400.
European FX Daily
– BoJ introduces a 2% inflation target and open-ended QE – Turkish central bank likely unchanged today – Spain to sell bills today
FX Daily Strategist: Europe
– ‘Buy rumor, sell fact’ market reaction to BOJ’s policy announcement As largely priced in by the markets, BOJ agreed to a 2% inflation target (note though BOJ board members Sato and Kiuchi dissented against this decision).
FX G10/EM Morning Trader Views
EUR – Interesting to see that eurusd hasn’t been dominated by eurjpy o/n and has taken out stops higher back above that 1.3335/40 lvl trading to 1.33715 currently.
FX Daily Strategist: US
– Crunch time for BoJ and USDJPY Some profit taking was seen in long USDJPY and yen-crosses positions ahead of tomorrow’s Bank of Japan policy announcement.
FX Daily Strategist: Europe
– Crunch time for BoJ and USDJPY Some profit taking was seen in long USDJPY and yen-crosses positions ahead of tomorrow’s Bank of Japan policy announcement.
CFTC: The dollar is sold against all eight IMM currencies
Hedge Funds and other large investors seem to have gone all in as the dollar was net-sold against all eight IMM currency futures during the week ending January 15 according to the weekly data provided by the US CFTC.
FX G10/EM Morning Trader Views
EUR – Disappointment on Friday at the failure to break those offers at 1.3400/05 led to a nasty flush out in the LDN afternoon all the way back to the 1.3280 lvl but even then no follow through on downside.
FX Daily Strategist: US
– EUR still driving broader FX movements Trading high-beta/USD pairs according to traditional risk-appetite indicators has been a disaster of late with the EUR’s dominance distorting FX markets.
FX G10/EM Morning Trader Views
EUR – It’s grinding higher but definitely lagging the eur ‘x. It seems corp offers in the mkt up to this 1.3400/05 resistance slowing the moving higher.