Tag Archives: CAD

Asia Today: China’s PMIs improve but not enough to celebrate

The start of a new month and Asia’s eyes were fixed on the flow of manufacturing PMI data from across the region.

FX G10/EM Morning Trader Views

EUR – Quiet o/n as we continue to work a few of the weak shorts out of system after the continued fail to break below 1.2880. Saw strong demand from corp, model and ctas yesterday but fresh selling against the top of this 1.2880/1.300 range capped us.

Dbdaily: European Edition

HEADLINES… – Markets: US markets closed as Hurricane Sandy heads towards NY, markets to remain closed Tuesday. US stock futures re-open weaker, Moody’s puts long-term ratings of 6 Canadian banks on review for downgrade.

CFTC: Heavy JPY selling and small CAD to AUD reshuffle seen

Speculators sold JPY by the biggest amount in 18 months during the week ending October 23, according to the latest data from the CFTC.

FX G10/EM Morning Trader Views

EUR – Whipping around on a 1.29 handle with a stop run to 1.2972 in asia but still opens up in ldn soft around this 1.2915 lvl. Feels like the unresolved issues in greece weighing on the eur slightly with potential for this to grow during the week.

European FX Daily

– Asian stock markets fell, currencies resilient – Moody’s upgraded Philippines to Ba1, in line with S&P and Fitch – US stock markets to close as Hurricane Sandy approaches – Italy to sell six-month bills today

FX G10/EM Morning Trader Views

EUR – Chopping the mkt to pieces in this 1.29/1.3030 range – After a gd test and fail yesterday at that 1.3030 lvl we wiped the decks of longs to at 1.29155 low on the ldn open this morning.

G10/EM Morning Trader Views

EUR – So eurusd demand at 1.2900/20 never got filled and with eurjpy buying again supporting eur into a short market post the weak PMIs and ifo yesterday we walk into ldn open with a stop run 1.2995-1.3015. 1.3020/30 still remains the lvl topside in short term and I continue to think the mkt chops […]

G10 and EM Morning Trader Views

EUR – General risk sentiment disappointed eur bulls seeing us clear the decks 1.2955-80 of the longs but gd demand seen again on that dip

G10/EM Morning Trader Views

EUR – Continues to trade 30 pips either side of this 1.3050 lvl – my bias remains unchanged to buy dips 1.3020 then into stops 1.2970/90 with a stop at 1.2935

European FX Daily

– FX range bound, North Asia equities fell, – Singapore inflation surprised to the upside – Focus on the BoC – Spain to sell 84-day and 175-day bills today

Americas FX Daily

Spanish voting revives the euro again What happened overnight – Spanish PM Rajoy’s party performs well in regional elections – Japan’s trade data show further deterioration – Canada’s government rejects Malaysian bid for energy assets