Tag Archives: Crude Oil
Technical Alert
EUR/USD: The break above 1.3130 triggered the expected buying spree, pushing above also the mid April high, 1.3202,
FX Daily
Key news – US S&P500 closes at new high again. EUR/USD higher while oil drops. – China NBS PMI fell in April, confirming the economy stayed soft into Q2.
Technical Alert
EUR/USD: Buyers gained the upper hand and closed the session high yesterday, but respected the intraday overstretch. 1.3130 remains near-term important since above it would call for a +1.3202 move.
FX Daily
Key news – Italian government scraps tax increases and signals less fiscal austerity. – Japanese data weaker than expected but still suggest a recovery has started.
FX Daily
Key news – In Italy a broad three-party coalition was sworn in on Sunday. – Bank of Cyprus has converted 37.5% of deposits above EUR100,000 into equity.
Technical Alert
JPY reaction getting traction, bonds in demand, EUR/USD Stalemate, USD/JPY More selling in the pipe, EUR/GBP Continues to push for a break,
FX SENTIMENT REPORT
– Traders continue to hold a net long USD position of $16.6bn, with short positions in CAD, JPY, EUR and GBP and long positions in AUD, NZD, MXN and CHF.
Technical Alert
Yen stronger post BOJ and possible a long needed reaction underway, caution esp with AUDJPY. The £ sterling stronger after GDP, with both cable breaking higher and
Technical Alert
Dollar a tad weaker since yesterday, commodities recovering and accordingly commodity currencies the best performers. EURUSD erratic moves around 1.30 continued/s and
FX Daily
Key news – Global macro data continue to disappoint – Korean GDP being today’s exception. – US markets closed flat but with defensives down – Asian markets are higher.
FX Daily
Key news – US equity markets closed higher and Asian bourses are trading with gains. – Economic data continue to point to a period of slower global growth.
Technical Alert
USD/Scandies in an impulsive take off! EUR/USD A non sustained break, USD/JPY Downside spike points up, AUD/USD Still a correction case, EUR/SEK Broke above the 233d ma,