Tag Archives: CHF
European FX Daily
– Japan’s government approved stimulus package – BoK unchanged, maintaining dovish bias – Italy to sell 2yr and 4yr bonds today – We have revised our three-month USDJPY forecast higher to 91
CFTC: Dollar short rise as IMM currency traders go net-long EUR
During the shortened trading week ending January 1 speculative investors became net-long of EUR for the first time since August 23 2011.
EUR back to neutral; AUD and CAD sold
The last collection of speculative IMM FX positioning in 2012 showed an almost unchanged aggregate USD net position.
CFTC: JPY short, AUD and MXN longs all reach new records
Money managers sold dollars for a second week in a row according to the latest data from the CFTC covering the week ending December 11.
FX G10/EM Morning Trader Views
EUR – Barring 1 big sell order yesterday which caught the mkt offside, as we backed off from 1.31, eur remains bid. We saw strong demand from all sectors yesterday between 1.3050-90 area.
FX G10/EM Morning Trader Views
EUR – Grinding it out as mkt dragged back into buying eur first as we take out lvls at 1.3020/50 and then back on action from FED.
European FX Daily
– Fed increases QE – EU agrees to banking regulatory structure – SNB likely to keep FX policy unchanged – US retail sales likely to rise
FX G10/EM Morning Trader Views
EUR – Headline pair still trades very bid at the moment as a consequence of today’s FOMC but also of the Asian recycling of USDs which the market is wary of increasing in frequency and size leading into year end.
FX G10/EM Morning Trader Views
EUR – 1.2875/80 continues to provide the key support holding again yesterday in asia/ldn sessions despite the big rally in Italian yields.
CFTC: AUD long at record high – JPY short at five-year high
The weekly look at money managers exposure in the eight IMM currency futures reveals some major changes during the week ending December 4.
European FX Daily
– RBNZ on hold but more hawkish than expected – No change from ECB and BoE expected today – We recommend buying 6m USDBRL puts financed by selling 3m double one-touch
European FX Daily
– China PMIs up, but slightly less than expected – Record Indonesian trade deficit – Aussie job ads lower again – Focus today on European and US PMIs and the Eurogroup meeting