Tag Archives: EUR
Americas FX Daily
RBA surprises ahead of US election results What happened overnight • RBA leaves rates unchanged, with less dovish than expected statement • US elections exit polls available starting 7pm EST today • German factory orders surprised sharply lower • PMI revised lower in Germany and France, higher in Spain and Italy
FX Market Analysis
EUR: Opened early Europe at $1.2788, Euro-dollar closed in NY at $1.2796 after recovering from an intraday low of $1.2767, but below its 200-dma at $1.2830 (today coming in at $1.2828 and offering key resistance).
European FX Daily
– RBA unchanged, less dovish than expected – US elections exit polls available starting 7pm EST today – Greece to sell 182-day bills
Asia Today: AUD perks up as RBA leaves rates unchanged
ll eyes in Asia were firmly fixed on the RBA rate announcement (and maybe Australian eyes also on the Melbourne Cup horse race 30 minutes later!).
FX Market Analysis
EUR: Opened early Europe at $1.2830, Euro-dollar closed in NY Friday at $1.2835, just off session lows of $1.2822 seen following the release of stronger than forecast US employment data.
FX Daily Strategist: Europe
– Australian retail sales data give go ahead to RBA rate cut Our economists note that broad-based weakness in Q3 led real retail sales to fall by 0.1% q/q, the worst performance for almost two years.
FX G10/EM Morning Trader Views
EUR – Trades poorly, only just managing a close above the 200 day (1.2830) in ny and now running stops 1.2810-1.2782 low. Its the first time i dont want to be no long eur now that these range lows at 1.2800 have broken.
FX Market Analysis
EUR: Opened early Europe at $1.2902, Euro-dollar opened flat in Asia around $1.2937 and after some early demand interest lifted to $1.2951. The pair met resistance and ground lower as interbank traders positioned shorts ahead of stops beneath $1.2925.
FX G10/EM Morning Trader Views
EUR – Traded poorly in the afternoon yesterday after that squeeze 1.2925-1.2983 and with no bounce in asia/late ny above 1.2950 we aggress the stops below to 1.2887 low this morning.
Dbdaily European Edition
HEADLINES… – Markets: Bourses up solidly in CHN/Europe/US as CHN & US data impresses, Treasuries modestly weaker, dollar little changed. The Nikkei followed Wall St higher early Friday, as did most other Asian bourses. Chinese bourses modestly softer.
European FX Daily
– USDAsia nudged lower, equities mixed – ADP suggests upside risk to nonfarm payrolls – We recommend long TRYILS with a target at 2.30 and stop loss at 2.12
FX Market Analysis
EUR: Opened early Europe at $1.2960, Euro-dollar closed in NY at $1.2958, just off pullback lows of $1.2956 after rate had been pressured lower through the end month fixings on expected flows.