Tag Archives: EUR
Asia Today: US/Japan holidays put currencies in a comatose state
There is not much to report from today’s Asian session, I’m afraid. A Japanese public holiday coming hot on the heels of the US Thanksgiving holiday severely curtailed any market activity and a blank data slate did not help.
FX Daily Strategist: US
– EUR to remain supported despite weak eurozone economic picture The eurozone composite PMI rose ever so slightly in November, to 45.8, from 45.7 in October.
FX Daily Strategist: Europe
– AUD supported by strong Chinese HSBC flash manufacturing PMI AUD and risk assets gained after Chinese HSBC flash manufacturing PMI printed strong, supporting our call that China’s growth has bottomed.
European FX Daily
– Korean government studies measures to stem KRW volatility – China’s HSBC flash manufacturing PMI rose to 13-month high – Spain to sell 2015, 2017, and 2021 bonds – US equity and bond markets closed for Thanksgiving
EUR Analysis
The euro rose against the majority of its 16 most-traded peers on speculation European finance ministers are close to finalizing a debt-reduction package for Greece.
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2750, Euro remained defensive but held above $1.2800 in light Asian trade as markets awaited a decision from eurozone ministers on Greece.
FX G10/EM Morning Trader Views
EUR – Eur remains in this 1.2650-1.2830 range – taken to the brink on the topside yesterday trading to 1.28295 but despite cleaning a few stops out we fail
FX Daily Strategist: Europe
– EUR optimism dashed for now, look to Monday The first headline read that Euro Finance ministers had reached a decision on Greece. This was immediately contradicted by German Finance Minster Schaeuble that there was, in fact, no agreement and they will reconvene on Monday, November 26.
FX Daily Strategist: US
– BOJ announced no new monetary easing steps, politics to drive near-term USDJPY moves BOJ left its call rate target unchanged with no new easing measures announced at its monetary policy meeting today, leaving USDJPY bulls disappointed.
FX Daily Strategist: Europe
– BOJ announced no new monetary easing steps, politics to drive near-term USDJPY moves BOJ left its call rate target unchanged with no new easing measures announced at its monetary policy meeting today, leaving USDJPY bulls disappointed.
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2788, Euro-dollar slipped sharply after the NY close to $1.2767 as Moody’s cut France’s credit rating by one notch to Aaa1.
FX G10/EM Morning Trader Views
EUR – focus now switches to ‘core Europe’ following the French downgrade by Moody’s. French yields slightly higher on the open, not a huge move though with this largely reflected in spot having squeezed higher post the initial headline dip.