Tag Archives: EUR

Where to go loco

It’s a truism that all politics are local, but for financial markets globaldevelopments periodically hog centre stage. A clear example was the run-up toFed tapering, which we are now over.

EUR Mid-day Analysis

To start, the March Euro has seemingly forged a quasi double high up at 1.3773 and given the initialweakness in the Dollar today the path of least resistance in the Euro is pointing upward.

The Week Ahead in FX

In the week ahead, the euro zone is to release what will be closely watched preliminary data on consumer price inflation. Switzerland is to publish data on fourth quarter growth,

Weekly CFTC Trader Positioning Data

The USD is being traded not as a broad US‐centric theme butinstead with the focus on the local domestic stories. Accordingly sentiment is favouring a fairly mixed USD performance.

EUR Mid-day Analysis

The March Euro starts the Friday trade in the lower half of the prior session’s range and it would not seemlike it was able to benefit from slack UK retail sales data.

EUR Mid-day Analysis

The Euro reversed course overnight and has violated a series of close-in support points on the charts.Overnight data flow from the Euro zone was mixed with French data softer than expected and

EUR Mid-day Analysis

Another new high for the move in the Euro is generally the result of slack US data and the prospects formore slack US data in the hours ahead and that should leave the Euro bulls with the edge.

With another higher high this morning and the highest Euro exchange rate since January 24th, the Euro isclearly in vogue again. Surprisingly a weak German ZEW reading was of little consequence for the Euro,

Credit Suisse: Outlooks & Forecasts For USD, EUR, JPY

“US Dollar: Bullish. As the Fed continues to taper, we expect many EM currencies to remain under pressure, as excesses of the unprecedented period of record low US interest rates begin to reveal themselves.

The Week Ahead in FX

In the week ahead, Japan is to release what will be closely watched data on fourth quarter economic growth. China is to produce preliminary data on manufacturing activity,

Weekly CFTC Trader Positioning Data

UPSIDE RISK FOR GBP • Markets were hesitant to build on existing positions and

Forex Weekly Report

German constitutional court ruling supports deflationary backdrop Last week Germany’s Constitutional Court decided to pass the final ruling on outright monetary transactions on to