Tag Archives: EUR
CFTC: Net EUR long rising at the expense of CAD, GBP and CHF
The weekly snapshot from the CFTC covering the week ending Tuesday 22 January showed that hedge funds and other large investors continued to accumulate net-long EUR positions while long positions in CAD, GBP and CHF were scaled back.
European FX Daily
– China’s industrial profits rose 5.3%yoy in December – Bank of Israel expected to remain unchanged – Central Bank of Colombia likely to cut 25bps
FX G10/EM Morning Trader Views
EUR – After Fridays break of that key resistance at 1.3400/10 Friday on the LDN open, rather quiet and rangey o/n in Asia stuck 1.3440/70
FX Daily Strategist: Europe
– Still plenty of upside for the EUR The rally in the EUR continues to draw support on several fronts. The ECB announcement that banks will repay EUR 137.2bn of the first LTRO tranche on January 30 was on the high side of market expectations.
FX Market Week Outlook
The euro rallied against the dollar and the yen on Friday boosted by hopes that the worst of the crisis in the euro zone has passed,
FX Daily Strategist: US
– EUR rally continues even after LTRO boost EUR-crosses remained under persistent upward pressure ahead of today’s LTRO announcement, and the move has continued following the results.
Mid-Day FX Market Analysis
EUR – Closed in NY Thursday at $1.3375 after rate had seen a strong rally to $1.3393 on positioning ahead of today’s LTRO repayment announcement.
FX G10/EM Morning Trader Views
EUR – Well early LDN crack the 1.3400/05 resistance as we trade to a 1.3420 high. Seeing some early model and corp selling into this move as spec and ctas buy.
Mid-Day FX Market Analysis
EUR – Rate closed in NY at $1.3318 after recovering off a low of $1.3265 following its corrective pullback from earlier highs of $1.3355.
European FX Daily
– China’s HSBC flash PMI rose to a 24-month high – South Korea’s GDP surprised weak – Euro area PMIs likely sideways
FX G10/EM Morning Trader Views
EUR – The whippy price action continues within this 1.3250/1.34 range but today we have the euro area pmi’s to contend with – right now eur x’s holding up well,