Tag Archives: EUR
The Global Macro Pulse
Asian equity markets are mixed, with the Nikkei down 0.5%, S&P futures down 0.3%, but Shanghai and the Kospi essentially flat.
PMIs and ISM in the spotlight; Carney starts at the BoE
A significant amount of key US and European economic data is released this week. The main data highlight from the US today is the all important ISM manufacturing.
ECB preview: Monetary exit remains very distant
• We expect rates to be kept unchanged, which is in line with the general perception.
The Week Ahead in FX
Friday’s US nonfarm payrolls data will be key indication of how the recovery in the US labor market is progressing,
Weekly Economic & Financial Commentary
The U.S. dollar has gained in the wake of the Fed’s monetary policy announcement, with bond yields moving up
FX SENTIMENT REPORT
Shifts in sentiment were relatively muted this week, with minor changes in positioning among most of the majors with the exception of CAD.
Foreign Exchange Outlook
The USD will continue to appreciate vs. core advanced and emerging-market currencies throughout the second half of the year.
US Morning Update
Major overnight headlines: • UK Index of services up 0.2% m/m in April versus 0.1% expected, March figures revised down
Mid-Day FX Market Analysis
USD: The Dollar has posted relatively mild gains coming into this morning’s trading,
FX G10/EM Morning Trader Views
EUR – Light squeeze off the lows at that 1.2990/1.30 support as eur x’s staged a decent recovery led by eurgbp- i have reinstated a short here at
Mid-Day FX Market Analysis
USD: The Dollar is finding modest pressure this morning, and is holding onto a sizable portion of yesterday’s late rally after a choppy overnight session.