Tag Archives: Crude Oil
The dollar is a post-NFP “punching bag” – can it fight back?
EUR/USD: The post-NFP reaction may be somewhat strange with riskon/dollar off so notably on a lesser number. Be that as it may,the pair trades at levels not seen since late 2011 and bullishlyso.
Look for a EUR/SEK low at 8.7355/8.7100 otherwise wait for NFP
EUR/USD: The yearly high of 1.3711 remains a bright shining beaconabove, but right now the market lacks the impetus to pushfor a break. Numbers this afternoon may change this,
FX Daily
Market movers today * The main release is US existing home sales, which could give further evidence of the effect on housing from the rise in mortgage rates.
€uro remains firm & EUR/SEK seen breaking higher.
EUR/USD: So far the market is following the common path after a risingbenchmark candle such as the one printed Thursday withthe following day often moving up to
FX Daily
Market movers today * With no major data releases, focus will be on the flood of speeches from members of the major central banks.
The dollar has come under severe pressure
EUR/USD: The dollar took a big hit across the board yesterday. Thisbenchmark move shows demand – likely strong enough tochallenge the yearly high at 1.3711.
So everybody (or nobody) is happy in Washington – Now what?
EUR/USD: With the happy “ending” in Washington one would think thepair should trade lower by now, but it seems players are alldressed up but got nowhere to go…
Strategist
Economic Outlook The more we look at New Zealand’s capital expenditure trends and pointers, the more upbeat we become.
Another USD/JPY upside attempt in the making. SEK looks weak again.
EUR/USD: Another downside rejection (on failed fiscal impasse talks) wasadded yesterday. A 21day regression still points higher (notshown) as does the 21day high/low average.