Tag Archives: CHF
CFTC: AUD short reaching record; EUR short almost removed
Hedge funds cut their long dollar exposure through IMM currency futures by almost one-third during the week ending June 11.
FX G10/EM Morning Trader Views
EUR – So an important week ahead of us for the USD – With the mkt likely to seize on any attempts by the fed to calm mkt uncertainty over tapering
The Global Macro Pulse
Overnight Price Action The Nikkei shrugged off Friday’s fall on Wall Street to rally 1.5% in Asian trading. S&P futures are up 0.4%, but trading in the rest of Asia is mixed.
FX Daily Strategist: Europe
Bernanke may pave the way for USD recovery vs. low yield G10 All eyes will be on the Wednesday FOMC meeting and press conference this week, as markets look for more guidance on the Fed’s plans to taper asset purchases.
The Week Ahead in FX
In the coming week, markets will be focusing on Wednesday’s Federal Reserve policy meeting,
FX SENTIMENT REPORT
The net short EUR position collapsed from $8.4bn last week to $1.3bn this week, a level not seen since February and one that suggests a bullish turn in EUR sentiment.
Mid-Day FX Market Analysis
USD: The Dollar was able to put together a moderate rebound this morning, but remains well inside of yesterday’s trading range.
FX G10/EM Morning Trader Views
EUR – Eur x’s held lvls well yesterday and so did eur at 1.3275/80 – Spec selling during the day met with RM demand and
FX Strategist – Japanese portfolio flow monitor
Repatriation continues, investment trusts increase allocation to EM The weekly portfolio flow data showed overall repatriation by Japanese investors.
Mid-Day FX Market Analysis
USD: The Dollar has been able to make a moderate rebound from a new low for the move overnight but still have some way to go in order to climb back into positive territory.
FX G10/EM Morning Trader Views
EUR – the USDJPY carnage continues leading to an offered greenback tone across the board. We continue to see RM and
Mid-Day FX Market Analysis
USD: The Dollar was able to grind out a modest rebound from overnight pressure, but still has plenty of work to do in order to recover from sizable weekly and monthly losses.