Tag Archives: EUR
EUR Mid-day Analysis
Now that market focus is shifting back across the Atlantic, the Euro is having a difficult time putting thebrakes on this week’s pullback.
Continued $ recovery + weakening SEK = buy $/SEK
EUR/USD: Having passed FOMC and the 1.3733 mid body point thedoor has been opened to lower levels. We will next focus atthe Oct 3 peak, 1.3647,
EUR Mid-day Analysis
While able to shake off early pressure, the Euro has shown lackluster price action as it also may bewaiting on the Fed to revive its current uptrend.
FX Daily Strategist: Europe
Japanese output surge supports the Nikkei……USDJPY to follow Japan’s factory output rebounded in September to its highest level in nearly one-and-a-half years at 5.4% y/y.
$ recovering ahead of FOMC
EUR/USD: The market has now, with the 1.3733 drop, likely adjustedthe positioning ahead of tonight’s FOMC meeting.Yesterday’s price action,
EUR Mid-day Analysis
After failing to reach new high ground during Monday’s trading, the Euro is starting to face long liquidationand profit-taking as its rally has run out of near-term upside momentum.
When to sell the commodity CCY correction?
In our latest Currency Strategy we concluded that central banks remain the principal driving force for FX markets,
EUR Mid-day Analysis
A quiet weekend has helped the Euro consolidate recent gains, but has also put some near-term brakeson its recent rally as well.
The Week Ahead in FX
In the week ahead, investors will be focused on the outcome of Wednesday’s Federal Reserve policy setting meeting.
FX Sentiment Report
• The bearish shift against the USD that had been observed to-ward the end of September continued into the start of the US gov-ernment shutdown.
FX Daily Strategist: US
EUR at a tipping point, testing the ECB’s patience? Germany’s ifo report was on the weak side of consensus expectations dropping to 107.4, relative to an expected rise to 108 (index, sa).
EUR Mid-day Analysis
Early strength helped to lift the Euro up into new high ground once again, but lukewarm economic datacontinues to inject a note of caution into the market.