Tag Archives: EUR
EUR Mid-day Analysis
Although the market was already sliding back from a failed attempt to climb through the 134.50 level, alukewarm reception for this morning’s Euro Zone Industrial Production number has helped to
EUR Mid-day Analysis
Sluggish inflation levels may not be much of a surprise after last month’s bleak Euro zone readings andlast week’s ECB rate cut,
EUR Mid-day Analysis
Today’s quiet market conditions and news that the Greek government survived a confidence vote may behelping the Euro to post decent gains this morning,
Fed – ECB divergence: FX implications
A much stronger-than-expected payroll crowned a big week for two majormacro themes: Fed tapering; and EUR disinflation.
FX Viewpoint: USD bulls awake
“I think I will abstain from judging the markets. This is one of the hardest things to do and it is usually quite useless because they do what they want, no matter what.”
The Week Ahead in FX
In the week ahead, investors will be closely watching Thursday’s Senate hearing to confirm Janet Yellen as the first chairwoman of the Federal Reserve.
EUR Mid-day Analysis
In spite of yesterday’s huge intra-day bounce, the Euro has seen little upside-follow this morning and maybe waiting on today’s US jobs data for a fresh boost of support.
French public debt rising to more than 100% of GDP? A scenario analysis
Markets may shrug off the downgrade of France by S&P for now as they have become accustomed to worse than small downgrades from AA+ to AA.
ECB cuts refi rate by 25 bp
ECB cuts the refi rate by 25 bp to 0.25%. (depo rate unchanged; marginal lending rate down 25bp).
EUR Mid-day Analysis
While consolidating this week’s rebound and finding near-term support at the key 135.00 level, the Euro has been reluctant to probe the upside in front of today’s European Central Bank meeting.
Beware the squeeze – can’t get excited with ECB
We don’t think it is a big deal if the ECB cuts interest rates in December, or even today.Cash EONIA is already at 9bps, not rising to 25bps until January 2015.
Still a € & $ waiting game. €/SEK & €/NOK upside risk
EUR/USD: Also yesterday the market continued to consolidate,digesting the impulsive decline last week. With a minimumcorrection target, 1.3535,