Tag Archives: EUR

Mid-Day FX Market Analysis

EUR: Opened early Europe at $1.2987, Euro-dollar closed in NY at $1.2972 after a fairly subdued US session as markets awaited the outcome of the Eurogroup meeting.

FX Daily Strategist: Europe

– An agreement is finally reached on Greece, expect EUR to be supported The Eurozone finance ministers reached an agreement to reduce Greek debt by EUR 40bn, cutting it debt to 124% of GDP by 2020 and to substantially less than 110% of GDP by 2022.

FX G10 and EM Morning Trader Views

EUR – Finally Europe get the deal done and we see a spike in eur and eur x’s but as yet no follow through on yesterdays move.

CFTC: USD bought against all eight IMM currencies

Money managers and hedge funds flocked to the dollar during the week ending November 20, according to data released late due to a US holiday on Friday. During the week some seven billion dollars were bought, primarily against JPY, EUR and GBP.

Mid-Day FX Market Analysis

EUR: Opened early Europe at $1.2956, Euro-dollar closed in NY Friday at $1.2972, just off extended rally highs of $1.2991.

FX G10 and EM Morning Trader Views

EUR – A positive end to last week in EURUSD and EURxxx, EURJPY closing above its weekly cloud the stand out, already seeing some early corp demand for EURUSD on the open as Asia shrugged off the anticipated news of a pro-referendum majority in Catalonia and now eyes turn to whether Greece will be granted […]

European FX Daily

– Thailand’s trade deficit widened, Singapore IP surprised weak – Eurogroup meets again on Greece – Focus on Q3 GDP releases this week

Mid-Day FX Market Analysis

EUR: Opened early Europe at $1.2888, Euro-dollar closed Thursday’s session at $1.2882, after correcting back from a pullback low of $1.2858 and seen after rate was rejected from the $1.2899 level earlier in the day.

FX G10/EM Morning Trader Views

EUR – Dragged by eurjpy earlier in the week now its catching up to the general improved risk sentiment and squeezing the week shorts put on pre/post draghi at the start of the month

European FX Daily

– Singapore’s inflation unexpectedly eased – EU summit continues negotiation over budget – Focus on German Ifo today

FX Daily Strategist: Europe

– We re-establish USD shorts ahead of key events With US markets closed overnight for Thanksgiving and Japanese markets closed today, expect a range bound market. Carry looks to be the dominant near-term theme.

Asia FX Market

The dollar was trading close to two-week lows against the euro and also fell against the yen as it retraced gains from fresh seven-months highs hit in overnight trades.