Tag Archives: EUR
US Morning Update
Major Overnight Headlines • Australia records A$765mln trade deficit in July on faster import growth, but trade surplus with China narrows
EUR Mid-day Analysis
With the exception of a few PMI numbers this week the Euro is suffering from a lack of fresh economic data.
EUR Mid-day Analysis
The Euro, also in a tight range through the early morning hours on Wednesday, is very oversold as the last five sessions have seen a decline of over 200 points.
EUR Mid-day Analysis
The September Euro continued on its downward slide from last week’s stark turnaround. What little economic data was reported Monday did have a positive economic tone for all of Europe;
ECB Preview: Clear easing bias likely to remain in place
No new actions, but dovish words There is no immediate pressure for the ECB to act at this week’s meeting and hence we expect a fairly calm press conference with no revolutions.
The Week Ahead in FX
In the week ahead, markets in the U.S. are to remain closed on Monday for the Labor Day holiday.
EUR Mid-day Analysis
The September Euro avoided posting a new low for the move this morning, but is making little headway with recovering from yesterday’s sharp downdraft early in today’s session.
FX Daily Strategist: Europe
USD supports start to build heading into Autumn With last night’s UK Parliamentary vote precluding UK involvement in Syria,
EUR Mid-day Analysis
The September Euro has found heavy pressure this morning and has made a fairly strong move below the 133.00 level for the first time since mid-August.
FX Daily Strategist: Europe
EUR to remain supported by data and ECB expectations A continued improvement in Eurozone economic news is likely to underpin the euro.
EUR Mid-day Analysis
The September Euro is finding moderate pressure this morning, but is still holding up reasonably well given this week’s decline in global risk appetites.
How much higher can we go?
Market talk The sell-off that started in the US has been supported by positive macro developments in other parts of the world.