Tag Archives: CAD
FX Daily Strategist: US
– EURUSD enters a more bullish phase; Data unlikely to raise ECB easing expectations The EURUSD crept up again on Monday after Spain’s prime minister won an election victory yesterday in his home region of Galicia. This victory likely removes a hurdle for Madrid to apply for EU/ECB intervention via OMTs.
FX G10/EM Morning Trader Views
EUR – Profit taking at the back end of last week saw us dip 120 pip to that 1.3000/20 zone and despite trading heavy on the close in ny friday the bids remained then and on the open in asia
European FX Daily
Asian equities down slightly, FX sideways in thin trading – Japan’s trade data disappoint again – Data heavy week ahead
FX Daily Strategist: Europe
– EURUSD enters a more bullish phase; Data unlikely to raise ECB easing expectations The EURUSD crept up again on Monday after Spain’s prime minister won an election victory yesterday in his home region of Galicia. This victory likely removes a hurdle for Madrid to apply for EU/ECB intervention via OMTs.
CFTC: EUR buying resumed; The other currency futures were sold
Hedge funds and other large traders made only small adjustments to their IMM currency futures positions during the week ending October 16.
Global Technical Watch – CAD squaring
The US equity market peaks formed over the past month are proving difficult to overcome and some barometers of global growth are also struggling along with this.
Americas FX Daily
An inconclusive euro area leaders summit What happened overnight – EU leaders summit buys time on ESM bank recapitalization – Buy 3m GBPCHF call spreads and sell NZD vs. AUD & GBP basket
FX Daily Strategist: US
– EURUSD consolidation due; EU Summit unlikely to be negative catalyst The tones out of the two-day EU Summit, which started on Thursday, have so far been modestly positive.
G10/EM Morning Trader Views
EUR – So 1.3130/40 resistance remains intact despite another attempt yesterday in ldn to breach. An o/n NY wobble on some early reported goggle results enough to clean some weak long positioning below 1.3075 but still not much follow through with 1.3055 the low.
European FX Daily
– EU summit signaled support for Greece, but gave little clarification on ESM’s direct bank recap – EURUSD held above 1.30, Asian currencies fell – We recommend buying 3m GBPCHF call spreads, and selling NZD against an equally weighted basket of AUD and GBP
FX G10/EM Morning Trader Views
EUR – Nice hold above the break of 1.2990/1.3000 and while we didnt break that 1.3070 resistance first off we held nicely on the dip to 1.3000/20 breaking at the second ateempt as moody’s reaffirmed spains rating
FX G10/EM Morning Trader Views
EUR – Remain long looking for a break at the top end of the recent range (1.2800-1.2990/1.30) a break I expect to yield 1.3050/70 before backing off again