Tag Archives: EUR
Global FI Strategy – Behind the curve
Market talk The feeling of a recovery, spurred by the tapering debate and solid data, has rapidly been replaced by a bitter taste of the fragility of the global recovery…
EUR Mid-day Analysis
The December Euro is finding moderate support this morning, but has been unable to move beyond last night’s spike rally up to a new 8-month high.
ECB comment – Draghi ready to consider all available instruments
The ECB kept its key rates unchanged at today’s meeting and gave no new signals regarding future policy actions.
FX Daily Strategist: US
ECB reference to exchange rate could help deflate EUR We expect the tone of today’s ECB press conference to remain dovish despite the improvement in the eurozone economic data.
EUR Mid-day Analysis
The December Euro has held its ground within a fairly tight trading range during the overnight session, but may be vulnerable to fresh pressure from this morning’s events.
FX Daily Strategist: Europe
UK Services PMI to pressure Sterling this morning Yesterday’s downward surprise in the UK manufacturing PMI hurt Sterling.
EUR Mid-day Analysis
The December Euro drove up to a new 71/2-month high early this morning, but was unable to sustain upside momentum and has given back a moderate portion of those overnight gains.
EUR Mid-day Analysis
The December Euro has found moderate headwinds at the start of the new trading week, but is holding up fairly well given the amount of negative news
ECB Preview
Nothing but a dovish attitude * Will the ECB cut rates on Wednesday? In a Reuters poll 75 of 75 analysts say no (including us), so let us not waste much time on this.
The Week Ahead in FX
In the week ahead, investors will be focusing on Friday’s U.S. nonfarm payrolls report, for indications on whether the economic recovery is sufficiently strong for the Fed to
Weekly CFTC Trader Positioning Data
• The market is adding to FX risk and slowly shifting to a more bearish USD stance. There is now a large long EUR position and large short JPY and AUD holdings;
US Morning Update
Major Overnight Headlines • UK Index of Services up 0.5% on a 3m/3m basis (0.6% expected); YoY growth in finance services still negative