Tag Archives: EUR
The Week Ahead in FX
In the week ahead trading volumes are expected to remain light due to the Christmas holiday and as many traders already closed books to lock in profit before the end of the year,
EUR Mid-day Analysis
Modest increases with German Consumer Sentiment and French Business Sentiment have helped theEuro rebound from a new weekly low, although prices are still struggling to hold their ground in positive territorythis morning.
EUR Mid-day Analysis
Although it was able to put together a minor recovery from the 136.50 level, the Euro remains on thedefensive after taking out the highs and lows of the previous 8 sessions in the space of 2 minutes.
The Australian economy & financial markets in 2014
The US, EU and Asian economies have shown an improving growth outlook in recent months that should carry into 2014. It hasbeen a positive development for financial markets to see downside growth risks and volatility receding.
EUR Mid-day Analysis
The FOMC meeting is casting a long shadow across the Atlantic, as the Euro continues to have troublebuilding on recent gains. Mixed results with today’s German Ifo survey have also taken some of the sting out ofthe Euro,
Germany: Companies end the year in festive mood
German companies are clearly looking forward to 2014. The Ifo index and other sentiment indicators are pointing towards an upside risk for our GDP forecast for Q4.
EUR Mid-day Analysis
Mixed results from key data from the region has kept the Euro under wraps, as it has held its ground inclose proximity to the recent highs, but has been unable to mount any serious challenge to the key 138.00 levelso far this morning.
EUR Mid-day Analysis
After seeing some choppy price action through the Euro zone data window, the Euro has regained itsfooting and is posting decent early gains this morning. While today’s “flash” PMI data underscored the wideninggap between German and
The Week Ahead in FX
In the week ahead, investors will be focusing on Wednesday’s outcome of the Fed’s monthly policy meeting, and a press conference with Chairman Ben Bernanke will be closely watched.
Weekly CFTC Trader Positioning Data
Sentiment appears to be building over the domestic stories ra-ther than a broader USD move driven by talk of tapering. The data highlight this well with notably mixed positioning against the USD, as CAD, AUD and
EUR Mid-day Analysis
Lukewarm inflation levels may be catching up to the Euro this morning, which continues to pull back fromWednesday’s failed retest of the 138.00 level. German Wholesale Prices showed improvement from their previousreading but
Euro area: Employment no longer falling
In the Euro area, employment is no longer falling. In a few “crisis countries”, employment actually grew strongly in Q3. Looking forward, the recovery heavily supported by the ECB still has a long way to go, especially on the labour market.