Tag Archives: EUR
FX Market Analysis
EUR: Opened early Europe at $1.2930, risk appetite increased in early Asian trade, the rate headed higher and extended recovery attempts to $1.2956.
FX G10/EM Morning Trader Views
EUR – Chopping the mkt to pieces in this 1.29/1.3030 range – After a gd test and fail yesterday at that 1.3030 lvl we wiped the decks of longs to at 1.29155 low on the ldn open this morning.
FX Market Analysis
EUR: Opened early Europe at $1.2995, Euro-dollar opened flat in Asian trade and remained in consolidation mode, before the pair lifted on sharp cross demand to $1.2985.
G10/EM Morning Trader Views
EUR – So eurusd demand at 1.2900/20 never got filled and with eurjpy buying again supporting eur into a short market post the weak PMIs and ifo yesterday we walk into ldn open with a stop run 1.2995-1.3015. 1.3020/30 still remains the lvl topside in short term and I continue to think the mkt chops […]
FX Market Analysis
EUR: Opened early Europe at $1.2975, equities opened sharply lower in early Asian trade and euro-dollar slipped to $1.2972. Dip demand recovered to $1.2992 as the dollar softened across the board, before the pair met resistance ahead of $1.3000, later easing to $1.2985.
G10 and EM Morning Trader Views
EUR – General risk sentiment disappointed eur bulls seeing us clear the decks 1.2955-80 of the longs but gd demand seen again on that dip
European FX Daily
– HSBC flash China PMI rose to three month high – Thai exports stronger than expected, trade balance back in surplus – Euro area flash PMIs are the key data for the day – FOMC unlikely to deliver fireworks
FX Market Analysis
EUR: Opened early Europe at $1.3050, Euro-dollar opened on a bid tone in early Asia and lifted to $1.3076 after the Spanish election results indicated support for PM Rajoy’s austerity policies, some see this as hope the government may request a bailout.
G10/EM Morning Trader Views
EUR – Continues to trade 30 pips either side of this 1.3050 lvl – my bias remains unchanged to buy dips 1.3020 then into stops 1.2970/90 with a stop at 1.2935
Americas FX Daily
Spanish voting revives the euro again What happened overnight – Spanish PM Rajoy’s party performs well in regional elections – Japan’s trade data show further deterioration – Canada’s government rejects Malaysian bid for energy assets
FX Market Analysis
EUR: Euro-dollar ground higher in a light Asian session and recovered to $1.3050, some say the move was attributed to a positive result by Spain’s ruling popular party in the weekend’s elections in Galicia, others, the $1bln option strike at $1.3050 for today’s NY cut.
FX G10/EM Morning Trader Views
EUR – Profit taking at the back end of last week saw us dip 120 pip to that 1.3000/20 zone and despite trading heavy on the close in ny friday the bids remained then and on the open in asia