Tag Archives: EUR
EUR Mid-day Analysis
The Euro bulls must be living right as the Euro is managing gains this morning despite discouraging German Ifo business sentiment readings.
Germany: Ifo highlights manufacturers’ cautious outlook
German manufacturers scaled down their expectations for future growth and thereby sent Ifo expectations lower. Domestic sectors like retail and construction are still going strong.
Oil Price Risks In Major Currencies
The outlook for oil prices have moved on to investors driven by potential supply disruptions as tensions rise in Middle East.
EUR Mid-day Analysis
With both German and Euro composite PMI results below expectations and the ECB suggesting that ratescan be expected to remain low until 2016,
Weekly Leveraged Funds Positioning Data
Net EUR position stayed relatively constant for the first time since the start of May when the ECB President hinted of a rate cut that materialised in the 5 June ECB meeting.
The Week Ahead in FX
In the coming week, the U.S. is to release data on consumer confidence, durable goods orders and home sales. Preliminary data on manufacturing activity from China and
FX Quant Fund Positioning Data
The Societe Generale FX Enhanced Risk Premia strategy has kept its pro-risk positioning over the week.
Weekly CFTC Trader Positioning Data
• Central banks and geopolitics appear to have driven this week’s shifts in sentiment, specifically investors’ reactions to the BoE Mansion House speech, developments in Iraq, and positioning ahead of Wednesday’s Fed.
EUR Mid-day Analysis
The Euro has mostly favored negative territory this morning as the currency probably became short termoverbought into the highs yesterday.
EUR Mid-day Analysis
A definitive range up extension this morning suggests that the bull camp has retained the edge that wasregained last week!
EUR Mid-day Analysis
The Sept Euro remains well inside of yesterday’s range this morning, but has been able to steer clear ofdownside follow-through after yesterday’s reversal.
Credit Suisse: FX Analysis
USD: Bullish. As the Fed continues to taper, we expect many EM currencies to gradually come under pressure,