Tag Archives: Crude Oil

JPY correction running late. More bond correction.

EUR/USD: The 1.3494/99 break didn’t yield the anticipated rush to sellon the contrary a veritable buying spree followed returningabove 1.3499.

FX Daily

The US labour market report for January will be the main market mover. We expect the labour market to have picked up some momentum although the bad weather,

The main event is the ECB meeting, where we expect a refi rate cut to 0.1%. During January we have seen low inflation and declining inflation expectations combined with higher short-term money market rates

EUR/JPY seen as a selling opportunity, $ index higher Thursday

EUR/USD: As we now are into the fourth day of consolidating the steepJan 30-31 decline the bear flag created is getting mature.

EM stress recedes – for now. AUD/NZD correction may be over

EUR/USD: There is nothing it strongly arguing for an impulsive bursthigher. It’s rather a short consolidation to digest the recentslump.

FX Daily

Italian and Spanish service PMIs are expected to show further improvement and based on the flash euro-area PMIs, our forecasts are above consensus.

FX Daily

In terms of data releases we have a fairly thin calendar today. In the euro area we expect Italian HICP to increase slightly but to remain below 1%.

Classic risk-off move – stocks down and yen & swissy up

EUR/USD: The move up from the recent low looks correctional whendissected into sub-daily observations. The resistance zonebetween the daily & weekly mid-body points (1.3520-1.3580) is likely to be respected.

EUR retreating, USD & JPY advancing.

EUR/USD: The new Friday low didn’t become minor at all as the marketcontinued to trade in a very heavy way. The past days priceaction also made January end

FX Daily

Focus continues to be on emerging markets. Large parts of Asia are closed today due to the Chinese New Year public holiday.

Weekly Economic & Financial Commentary

U.S. Review Shall We Do the Real GDP Shuffle? · Real GDP posted its second consecutive quarterly above-trend gain in the fourth quarter, rising at a 3.2 annual percent pace.

FX Daily

Markets will continue to keep a watchful eye on emerging markets but it has been relatively calm overnight with large parts of Asia off today for celebration of the Chinese New Year.