Tag Archives: CAD

European FX Daily

– Risk assets rally post Spain budget announcement – August IP weaker than expected in Japan, Korea, Thailand – Swiss KoF likely fall – We recommend EURUSD puts and short SGD against basket position

FX G10 and EM Morning Trader Views

G10 EUR (1.2889) – Super Friday looms tomorrow, but before Spain grabs the limelight we still have 24 hours to navigate through choppy waters.

FX G10 and EM Morning Trader Views

G10 EUR (1.2869) – seemed to be no shortage of negatives emanating out of Europe yesterday, the surprise really was in the timing of the mkt response with EUR again trading in the direction of pain.

FX G10 and EM Morning Trader Views

G10 EUR – Price action remains heavy having completed a series of six lower highs now. Support around 1.2890 is the next region to overcome and this should open a move to 1.2830 which is the 200dma and the 61.8% fib from 1.2626-1.3172 move.

FX Daily Strategist: US

– Political risks result in a modest risk-off tone at the beginning of the week A modest risk-off tone dominates at the beginning of the week with broad-based losses seen in share markets, and with high-beta currencies in the red.

FX G10 and EM Morning Trader Views

G10 EUR (1.2936) – continue to pare back some of the post-QE3 gains; I see the first pocket of support coming in round 1.2906 (23.6% fib of July-Sep move).

FX Daily Strategist: Europe

– The focus this week will be on Spain The USD once again recovers its end-of-week losses as investors continue to avoid extending their risk-taking. Political risk, including China-Japan tensions and whether Spain will seek external assistance, are likely to be causing investors to pare back risk positions.

FX G10 and EM Morning Trader Views

G10 EUR – The rollercoaster continues – starting to get to that point where the mkt needs to stand on its own with all the gd news out post BOJ easing, leaving us with a China pmi again below 50, tensions between china and Japan and talks of downgrades to Australia’s aaa rating