Tag Archives: EUR

CFTC: Dollar short rise as IMM currency traders go net-long EUR

During the shortened trading week ending January 1 speculative investors became net-long of EUR for the first time since August 23 2011.

Mid-Day FX Market Analysis

EUR – Short covering in early Asia briefly lifted to $1.3054 before fresh selling emerged and pressed lower. Stop-losses were flushed through $1.3040 and $1.3030 to print lows of $1.3019,

FX G10/EM Morning Trader Views

EUR – Sustained bout of EURUSD and EURxxx selling over the past 24 hours, initially in London yesterday it was CTA and model guys selling aggressively between 1.3150 and 1.3100,

Mid-Day FX Market Analysis

EUR – Risk appetite stalled in early Asia and despite the strong rally in Wall Street the pair was pulled lower by sharp cross supply, predominantly in euro-yen.

FX G10/EM Morning Trader Views

EUR – Big disappointment for eur bulls yesterday with a fail at the dec highs at 1.3300/10 and then some eur x selling (mainly euraud and cad)

Mid-Day FX Market Analysis

EUR – Early Asian demand lifted euro-dollar to $1.3220 on hopes to resolve the fiscal cliff, profit take sales soon eased to settle in a tight range.

FX G10/EM Morning Trader Views

EUR – Mkt held back towards last few days of 2012 in terms of risk as it awaited the news on the fiscal cliff – We eventually got the deal, in some form, o/n and the mkt has responded positively accordingly.

EUR back to neutral; AUD and CAD sold

The last collection of speculative IMM FX positioning in 2012 showed an almost unchanged aggregate USD net position.

Mid-Day FX Market Analysis

EUR – Euro-dollar opened on a buoyant tone in Asia and lifted on strong cross demand to $1.3235, before profit take sales eased.

Mid-Day FX Market Analysis

EUR – Closed in NY Thursday at $1.3240 after experiencing a sharp pullback to $1.3202 from an intraday high of $1.3284 as rate reacted to negative Fiscal Cliff comments.

Mid-Day FX Market Analysis

EUR – Closed in NY Wednesday at $1.3226 after easing off an extended recovery high if $1.3254.

Mid-Day FX Market Analysis

Positive risk outlook recovered off its post Fiscal Cliff Plan B vote pull, with euro-dollar holding most of the European morning above $1.3200, and well off overnight lows of $1.3180.