Tag Archives: EUR
EUR Mid-day Analysis
The Euro has respected last week’s spike down lows and is showing some consolidation capacity to startthe action today.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to the BoE’s quarterly inflation report for further indications of the expected course of monetary policy.
Weekly CFTC Trader Positioning Data
The net short USD position widened to $6bn, with only CAD andJPY still held net short and AUD, NZD, MXN, EUR, GBP and CHF allheld net long. Over the last few weeks, positioning changes havebeen relatively minor.
EUR Mid-day Analysis
The Euro earlier this week was not only priced for internal perfection it was also priced for distinct slowingin the US. With some economic cracks in the Euro zone recovery surfacing from Germany and
EUR Mid-day Analysis
With the EU suggesting they remain far away from fresh Russian sanctions they have basically invitedPutin to behave badly again.
EUR Mid-day Analysis
The Euro reached a rather expensive level on the charts yesterday and is showing some retrenchmentaction in the early going today.
EUR Mid-day Analysis
Apparently Euro zone Services PMI data and German April Services data have given the Euro the upperhand over the Dollar again today. Apparently the Euro is also in favor because of bullish chart signals,
EUR Mid-day Analysis
While the Euro could have come under pressure because of a contraction in Euro zone March PPIresults, the Euro has generally remained within striking distance of its recent highs.
The Week Ahead in FX
In the week ahead, market participants will be focusing on Thursday’s ECB monetary policy announcement. Rate reviews by BoE and the Reserve Bank of Australia will also be closely watched.
Risk-Reward Attractive For EUR Shorts Ahead Of ECB Meeting
The ECB will be in the spotlight in the coming week. April’s CPI was not weak enough to make a policy move likely this week but not strong enough to rule one out altogether.
Weekly CFTC Trader Positioning Data
A quiet week for sentiment, given that Tuesday’s position datefails to incorporate much of the event risk that followed. The pullback in all of the long positions underscores this anticipation.
EUR Mid-day Analysis
The Euro may also be waiting on events across the Atlantic as well, as events in the Ukraine and a slateof Euro zone data have been unable to extricate it from a fairly tight overnight range.