Tag Archives: CAD
US Housing stats continues to improve
The USD trimmed gains against the euro and extended gains against the yen on Thursday, after data showed that U.S. housing starts rose to a four-year high in December,
FX G10/EM Morning Trader Views
EUR – Whippy in this 1.3250/1.3330 range as the mkt trys to work out the next move – Yesterday still some decent demand on the dip from RM and Corp a/cs in eur and
FX G10/EM Morning Trader Views
EUR – Another fail on the topside at 1.34 and comments by Junker regarding the strength of the eur ruined the uptrend in the short term yesterday as we broke 1.3300/10 support
FX G10/EM Morning Trader Views
EUR – Well a second fail at 1.3400 zone o/n as eurjpy/usdjpy profit taking hits us back off the highs.
CFTC: EUR net position back in negative just ahead of rally
Currency traders, such as hedge funds and other large money managers, went net-short the EUR during the week ending January 8 according to the latest data from the CFTC.
FX G10/EM Morning Trader Views
EUR – Strong demand continues for eur and eur x’s with eurjpy and eurchf the standout movers o/n, helping drag eurusd to a high of 1.3404.
FX G10/EM Morning Trader Views
EUR – So draghi much more upbeat than the last meeting and in no way signals rate cuts and eur and eur x’s snap back hard – Eurusd now feels like its caught up to aud, nzd and cad against the usd in the general risk senario.
FX G10/EM Morning Trader Views
EUR – ECB day has arrived and eur still sitting on a 1.30 handle as mkt awaits the decision and press conf from draghi.
European FX Daily
– Asian equities rallied, USD weakened – Australia retail sales surprised weak – Malaysia trade surplus narrowed less than expected
FX G10/EM Morning Trader Views
EUR – Topped nicely at that 1.3140 resistance yesterday despite some gd buying in the morning which ultimately failed to take us higher leading to a bailout by spec/cta guys back into the middle of the 1.3000/1.3150 range.
CFTC: Dollar short rise as IMM currency traders go net-long EUR
During the shortened trading week ending January 1 speculative investors became net-long of EUR for the first time since August 23 2011.
Dollar Steady after NFP
USD is relatively steady in early US session after release of slightly better than expected employment data.