Tag Archives: EUR
Daily FX Wrap and Strategy
The NZD finished the week with somewhat of a whimper, falling 0.1% against the USD to 0.8660. However, in the context of an outstanding week, a bit of profit-taking seems understandable.
The Week Ahead in FX
In the week ahead, investors will be looking to Friday’s U.S. nonfarm payrolls report for March for further indications on the strength of the labor market,
Weekly CFTC Trader Positioning Data
Relative monetary policy and global growth expectations havebeen the primary drivers of this week’s shifts in sentiment. Theultimate signal from the FOMC has been a more robust outlook—both for the US and globally,
Forex Weekly Report
Short-term sentiment in the Eurozone improving To start this piece it is worth referring back to our “potential surprises for
EUR Mid-day Analysis
Some might see the rather sharp decline in Euro zone March Consumer Confidence headlines readings as justification for the range down extension this morning.
EUR Mid-day Analysis
A definitive downside breakout in the Euro overnight suggests that soft inflation, disappointing Euro dataand dovish talk from the ECB has worked its magic on the Euro currency.
Finding Value in FX Carry
Global FX carry trades, where one buys the highest interest rate currencies and sells thelowest interest rate currencies across G10 and EM, have had a torrid time since 2008.
EUR Mid-day Analysis
A positive flow toward the Dollar this morning and away from the Euro is underway as German Gfk dataovernight failed to provide evidence of positive progression.
EUR Mid-day Analysis
Comments from EU officials that the Euro was over-valued, combined with some slack German businessconfidence readings overnight leaves the Euro in a vulnerable position today.
EUR Mid-day Analysis
After an initial attempt to rally, the Euro is moving toward a more significant failure on its charts. With Eurozone March PMI and Services PMI results both coming in a touch below estimates,
3 Myths
Here are three myths about European FX flows. 1. The current account surplus is large, so the euro can never drop.
The Week Ahead in FX
In the coming week, investors will be looking ahead to U.S. data from the housing sector, as well as reports on consumer confidence and durable goods.