Tag Archives: CAD
European FX Daily
– Asian stocks and currencies gained – NZ inflation surprised weak – Likely modest improvement in German Zew
FX G10/EM Morning Trader Views
EUR – focus this week will be the EC meeting on 18th/19th, until then I expect the downward pressure to remain on the single ccy with this grind lower to persist.
Americas FX Daily
EUR looks vulnerable after Eurogroup meeting What happened overnight – UK IP down 0.5%mom in August, as expected; trade data worse – IMF cuts growth forecasts
European FX Daily
– Equities, AUD, and NZD rally – No major surprises from the Eurogroup – Canadian housing starts likely to weaken
FX G10/EM Morning Trader Views
EUR (1.2979) – we open this morning on the first support level of the day, this 1.2965/75 region was the ‘break-up’ level on Wednesday having failed to clear this a number of times prior.
European FX Daily
– Risk appetite opens the week soft with the USD rallying – Australia’s job ads contract again – HSBC China non-manufacturing PMI rose in September – Eurogroup meeting today unlikely to yield a Spanish bailout
European FX Daily
– BoJ held policy unchanged, USDJPY fell – Singapore MAS policy meeting scheduled on 12 October – US payrolls may disappoint
FX Daily Strategist: Europe
– NFP likely to come in below 100k for the second straight month With the ECB behind us, the US employment report will dominate markets on Friday. Price action in Asia has continued to remain risk-on with the Asian currency index (ADXY) breaking key levels and now opening the way for the YTD high (118).
Americas FX Daily
Geopolitics in focus ahead of central banks What happened overnight – Turkish military retaliate to Syrian shelling of border town – We expect the ECB and BoJ to keep policies unchanged today
FX G10/EM Morning Trader Views
EUR – Another day of chopping/consolidation stuck 30 pips either side of 1.29 – My view remains unchanged with a bias to the topside – I remain long looking for an eventual break of 1.2970/1.30 to confirm the recent selling pressure is over and we again target a deeper squeeze.
European FX Daily
– We expect the ECB and BoE to keep policies unchanged today – Watch FOMC minutes for any guidance of easing criteria – Revised our USDINR three- and 12-month forecasts lower to 50.5 and 50.0
FX G10 and EM Morning Trader Views
G10 EUR – Eur rallies continue to be sold and Friday was no different – we topped at 1.2960 after a woefully weak attempt at breaking that 1.2970 lvl that defines this recent downtrend –