Tag Archives: EUR
FX G10/EM Morning Trader Views
EUR – Trading the range extremes well this week. Failure at 1.2880 Monday saw 2 days of decent short covering and corp demand which pushed us to that key 1.3020/30 resistance topside.
FX Daily: It’s too early to go on holiday
Almost a month has passed without strong trends in G10 FX. Ranges prevail, and our trendiness indicator, which measures aggregate strength of trend across the major USD and EUR-based crosses, has been lingering at its lows for the last three weeks.
FX Market Analysis
EUR: Opened early Europe at $1.2960, Euro-dollar closed in NY at $1.2960 after easing from recovery highs of $1.2984, having seen lows into Tuesday’s Europe open of $1.2886.
FX G10/EM Morning Trader Views
EUR – Quiet o/n as we continue to work a few of the weak shorts out of system after the continued fail to break below 1.2880. Saw strong demand from corp, model and ctas yesterday but fresh selling against the top of this 1.2880/1.300 range capped us.
FX Daily Strategist: US
– BoJ just meets consensus – USDJPY at risk of fall The BoJ expanded its asset purchases by JPY 11trn (to JPY 91trn), pretty much meeting expectations ahead of the event, with the split as expected as well (5trn JGBs, 5trn bills, 1trn CP, corporate bonds, ETFs and REITs).
FX Market Analysis
EUR: Opened early Europe at $1.2886, Euro-dollar closed NY at $1.2903 after rate had eased off a recovery high of$1.2924 to $1.2885 before settling into tight range around $1.2900 into close.
Dbdaily: European Edition
HEADLINES… – Markets: US markets closed as Hurricane Sandy heads towards NY, markets to remain closed Tuesday. US stock futures re-open weaker, Moody’s puts long-term ratings of 6 Canadian banks on review for downgrade.
European FX Daily
– BoJ expanded asset purchases by JPY11trn – RBI kept repo rate unchanged, cut cash reserve ratio by 25bps – South Korea’s current-account surplus widened to $6.07bn – US markets remain closed – Italy to sell 5yr and 10yr bonds today
FX Market Analysis
EUR: Opened early Europe at $1.2927, Euro-dollar closed in NY Friday at $1.2945 after recovering off a session low of $1.2890, the rate bouncing to $1.2956 before easing to $1.2923 ahead of the close.
CFTC: Heavy JPY selling and small CAD to AUD reshuffle seen
Speculators sold JPY by the biggest amount in 18 months during the week ending October 23, according to the latest data from the CFTC.
FX G10/EM Morning Trader Views
EUR – Whipping around on a 1.29 handle with a stop run to 1.2972 in asia but still opens up in ldn soft around this 1.2915 lvl. Feels like the unresolved issues in greece weighing on the eur slightly with potential for this to grow during the week.
European FX Daily
– Asian stock markets fell, currencies resilient – Moody’s upgraded Philippines to Ba1, in line with S&P and Fitch – US stock markets to close as Hurricane Sandy approaches – Italy to sell six-month bills today