Tag Archives: EUR
FX Market Analysis
GBP: Opened early Europe at $1.5823, stg0.7922, GBP closed in NY at $1.5833, after rate had seen session highs of $1.5855 before pulling back to $1.5809.
Global Technical Watch – Quick Charts (Aug 30)
The turn lower in the gold/silver ratio is potentially telling of investor expectations. Such a trend was seen more sustainably in 2010 and 2008 when asset purchases were announced.
FX Market Analysis
GBP: Opened early Europe at $1.5814, stg0.7940, Cable closed in NY at $1.5819 after pulling back from a fix driven high of $1.5837.
FX G10 and EM Morning Trader Views
G10 EUR – Still playing the 1.2450/1.2600 range – some good rm and model buying yest took us back above 1.25 while some decent lev selling capped us at 1.2560-80 area – support is still 1.2530 then 1.2450 – topside resistance is 1.2590 (fibo) then 1.2600 (100 day m.a) – currently short against the recent […]
Global Technical Watch – Quick Charts (Aug 29)
The lower break in the Shanghai Composite last week is having a bearish ripple effect across Asian currencies. On the TRENDS Heatmap, underperformance of EM Asian and the AUD, NZD are standouts.
Americas FX Daily
EUR crosses resume move higher What happened overnight * Euro area M3 data shows deposits pick up in Italy, Greece and Ireland * South Africa Q2 GDP in line with expectations at 3.2%qoq * Fonterra cut 2013 forecast payout for New Zealand dairy farmers
FX Market Analysis
GBP: Opened early Europe at $1.5786, stg0.7909, GBP closed in NY at $1.5788, after pulling back from an intraday high of $1.5829 (NY high $1.5817) in a quiet, London holiday session.
Asia today: Mild risk-off bias presses currencies, stocks lower
Tight ranges from overnight ensured a steady start to the Asian session but as the session wore on we felt a distinct bias towards risk-off.
CFTC: Dollar position negative for the first time in 11 months
Money managers continued as net sellers of dollars for the fifth week in a row according to data from the CFTC covering the end of trading on August 21, which was one day ahead of the release of the dovish Federal Open Market Committee minutes from the US Federal Reserve.
FX Market Analysis
GBP: Opened in early Europe at $1.5812 and stg0.7910. Closed in NY Friday at $1.5803 having slipped off early European highs of $1.5869.
FX Market Analysis
EUR: Opened early Europe at $1.2556, Euro-dollar closed in NY at $1.2563, off NY rally highs of $1.2590, with traders noting that a large offer was taken out at this level.
FX Market Analysis
EUR: Opened early Europe at $1.2540, Euro-dollar closed in NY at $1.2529 after rate had been driven to extended recovery highs of $1.2539, from earlier session lows of $1.2431, following the release of dovish FOMC Minutes.