Tag Archives: CAD
FX G10/EM Morning Trader Views
EUR – Grinding it out as mkt dragged back into buying eur first as we take out lvls at 1.3020/50 and then back on action from FED.
FX G10/EM Morning Trader Views
EUR – Headline pair still trades very bid at the moment as a consequence of today’s FOMC but also of the Asian recycling of USDs which the market is wary of increasing in frequency and size leading into year end.
FX G10/EM Morning Trader Views
EUR – 1.2875/80 continues to provide the key support holding again yesterday in asia/ldn sessions despite the big rally in Italian yields.
FX G10/EM Morning Trader Views
EUR – Mkt seizing on the Monti news over the w/e to hit eur lower on the open – We currently holding this 1.2880/75 support zone that we held Friday on the post payroll sell off.
CFTC: AUD long at record high – JPY short at five-year high
The weekly look at money managers exposure in the eight IMM currency futures reveals some major changes during the week ending December 4.
European FX Daily
– Chinese retail and industrial production strong, exports weak in November – Central Bank of Russia likely on hold – Turkish GDP to surprise strong
FX Daily Strategist: Europe
– ECB hurt EUR-crosses and EURUSD; but we expect a bounce-back in EURUSD by year-end on a dovish Fed The ECB left its Refi rate unchanged at 0.75% yesterday, as expected, but President Mario Draghi’s dovish comments at the press-conference triggered a broad EUR sell-off.
FX G10/EM Morning Trader Views
EUR – Mkt caught offside with Draghi’s downgrading of growth/inflation forecasts yesterday and as we took out support at 1.3010/25 we dragged more people in – lev, rm and spec all hitting eur and eur x’s
European FX Daily
– German IP likely to rise – Hurricane Sandy likely depressed US payroll growth to 70k – But Canadian employment is expected to be strong
FX G10/EM Morning Trader Views
EUR – ECB day has arrived and we have moved back into the range after a failure at that 1.3140 oct highs yesterday.
European FX Daily
– RBNZ on hold but more hawkish than expected – No change from ECB and BoE expected today – We recommend buying 6m USDBRL puts financed by selling 3m double one-touch
FX G10/EM Morning Trader Views
EUR – Yesterday tough to be long with the orderbook so skewed to selling between 1.3080-1.3130 however we walk in today with the orders all filled or gone to mkt leaving the orderbook topside much lighter.