Tag Archives: EUR
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3321 after rate had recovered off lows of $1.3278 to $1.3327 into the close. Rate was contained within a $1.3310/30 range in early Asian dealing,
FX G10/EM Morning Trader Views
EUR – Wild and choppy best describes yesterdays price action and we sit right in the middle of the range 1.3250/1.3400.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3316 after rate had held between $1.3300-1.3330/35 through Monday. Rate came under pressure in early Asia, sales of euro-Aussie cited for the move,
European FX Daily
– BoJ introduces a 2% inflation target and open-ended QE – Turkish central bank likely unchanged today – Spain to sell bills today
FX Daily Strategist: Europe
– ‘Buy rumor, sell fact’ market reaction to BOJ’s policy announcement As largely priced in by the markets, BOJ agreed to a 2% inflation target (note though BOJ board members Sato and Kiuchi dissented against this decision).
FX G10/EM Morning Trader Views
EUR – Interesting to see that eurusd hasn’t been dominated by eurjpy o/n and has taken out stops higher back above that 1.3335/40 lvl trading to 1.33715 currently.
Mid-Day FX Market Analysis
EUR – Closed in NY Friday at $1.3320 after rate had seen a pressured corrective pullback to $1.3280, recovering to $1.3332 before drifting off into the close.
European FX Daily
– MYR falls on election concerns, IDR rallies – Eurogroup meeting and US holiday today – Focus on BoJ meeting tomorrow
CFTC: The dollar is sold against all eight IMM currencies
Hedge Funds and other large investors seem to have gone all in as the dollar was net-sold against all eight IMM currency futures during the week ending January 15 according to the weekly data provided by the US CFTC.
FX G10/EM Morning Trader Views
EUR – Disappointment on Friday at the failure to break those offers at 1.3400/05 led to a nasty flush out in the LDN afternoon all the way back to the 1.3280 lvl but even then no follow through on downside.
Weekly Preview
The USD ended the week at highs against the yen on Friday, amid expectations for more easing by the Bank of Japan, while the euro ended the week lower amid renewed concerns over the economic outlook for the euro zone.
FX Daily Strategist: US
– EUR still driving broader FX movements Trading high-beta/USD pairs according to traditional risk-appetite indicators has been a disaster of late with the EUR’s dominance distorting FX markets.