Tag Archives: EUR
European FX Daily
– Asian equities and currencies fell – Euro group failed to reach a deal on Greece – Focus on Greek T-bill actions
FX Daily Strategist: US
– Greek parliament passes 2013 budget…EUR waits for more The euro held above 1.2700 in Asia following a successful vote by Greece’s ruling coalition in parliament on Sunday to approve the 2013 budget law.
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2730, Euro-dollar closed in NY Friday at $1.2712 after rate had seen lows in this session at $1.2690 before recovering above the figure into the option cut, influenced by a large maturity at $1.2700.
FX Daily Strategist: Europe
– Greek parliament passes 2013 budget…EUR waits for more The euro held above 1.2700 in Asia following a successful vote by Greece’s ruling coalition in parliament on Sunday to approve the 2013 budget law.
CFTC: Dollar positioning back to neutral as EUR and JPY are sold
Speculative investors in the eight IMM currency futures continue to scale back their aggregate short dollar position. As of November 6 the short position stood at USD 4.7 billion, a one-third reduction on the previous week as the greenback was bought against six out of eight currencies, especially EUR and JPY.
European FX Daily
– Chinese exports surprise strong, new credit softer, but not weak – Japan Q3 GDP contracted 0.9%, as expected – Australian credit growth robust in September – Focus on EU summit today
European FX Daily
– Better-than-expected China data – RBA revised down growth forecast – US consumer confidence likely falls
FX Market Analysis
EUR: Opened early Europe at $1.2755, Euro-dollar closed in NY at $1.2769 after rate had recovered off session lows of $1.2737, seen after rate had corrected off its post Obama re-election react highs of $1.2876.
European FX Daily
– Japan recorded the first current account deficit (sa) since 1996 – AU employment surprised strong, NZ weak – Focus on BoE and ECB – Spain to sell 2yr, 5yr and 20yr bonds today
Americas FX Daily
Currency markets stable after status quo vote What happened overnight – Obama wins re-election, Democrats retain Senate, GOP retains House – German and Spanish September IP weaker than consensus – Norway September IP weaker than expected – Swiss data confirm no intervention from SNB in October
FX Market Analysis
EUR: Opened early Europe at $1.2860, Euro-dollar closed in NY at $1.2813, after rate had recovered off session lows of $1.2764 to $1.2827, with reported offers placed at the 200-dma ($1.2828) providing the main resistance.
European FX Daily
– Obama wins re-election, USD weakens – Polish central bank to cut rates – Greek parliamentary vote on austerity package in focus