Tag Archives: Crude Oil
FX Daily
The first estimate for the service PMI indicator for Italy and Spain will be the mostinteresting new information in connection with today’s release of final service PMI inthe euro area.
€ and Yen trading bid. AUD/NZD to the triangle floor
EUR/USD: After a three wave (hourly graph) kneejerk downsidereaction the market returned up close to the recent higharea hence keeping a bid undertone in place.
FX Daily
Focus will continue on developments in Ukraine where turmoil has spread andturned more deadly over the weekend. Markets in both the UK and Japan areclosed for bank holidays today.
Weekly Economic & Financial Commentary
U.S. Review Farewell to Winter Weather Woes · Nonfarm payrolls bid adieu to the sluggish pace of employment growth during the winter months.
SEK selling is back on the agenda. Reaction risk (lower) in GBP/USD.
EUR/USD: The bearish reversal candle pattern the day before yesterdaywas U-turned into something equally potentially bullishyesterday.
FX Daily
The key event will be the US employment report for April (14:30 CET). We lookfor a solid rise of 220k in non-farm payrolls,
FX Daily
We see further improvement in ISM manufacturing for April as jobless claimsand regional surveys point to a decent rebound in activity going into Q2.
€uro a tad softer. SEK sellers seen returning
EUR/USD: After an initial move higher the market fell back and did soin a rather impulsive manner ending the day with a bearishkey day reversal.
FX Daily
The FOMC meeting tonight should provide few surprises as the Fed tapersanother USD10bn of asset purchases.
USD & JPY are going through soft patches and scandies get a breather Tuesday
EUR/USD: With support at the high end of the Fibo adjusted short-term”Ichimoku cloud” an attempt above 1.3865 is made. A shortterm127.2% Fibo extension ref at
FX Daily
In the euro-area a number of interesting data are due for release. Germany releasesCPI for April, starting with the first Länder CPI at 09:00 CET (Saxony).
Weaker SEK & EMs, lower USD/JPY and possibly higher EUR/GBP
EUR/USD: Nothing new. 1.3785 or 1.3865 has to be broken to show atilt.