Tag Archives: EUR
Confidence in economy reaches 13-month high in euro area
Confidence in the Eurozone economy reached a 13-month high in June led by increased confidence amongst industry responders.
DE Jobless rate at 6.8% in June
The unemployment rate was unchanged at 6.8% in June remaining for the second month in a row near its lowest level in more than twenty years.
ECB Preview: The exit remains distant
• Draghi will not deliver a surprise rate cut next Thursday unless financial markets deteriorate significantly from here.
The Global Macro Pulse
AUDUSD rallied but rejected its overnight high of 0.9340 and is at 0.9320. EURUSD has crept up to 1.3030 while USDJPY traded sideways at 97.7795.
FX Daily Strategist: Europe
AUDUSD unharmed by Gillard’s departure The AUDUSD was unharmed by news of Prime Minister Julia Gillard’s departure after
FX G10/EM Morning Trader Views
EUR – Never wanted to rally yesterday in the face of strong corp demand in the morning and once we took out gd bids around 1.3050 we never looked back
Global FI Strategy: A taste of less spoon-feeding
Market talk What we have witnessed since the beginning of May has its roots in a fundamental improvement of the US economy,
Mid-Day FX Market Analysis
USD: The Dollar has seen some moderate follow-through to yesterday’s recovery rally, with upside momentum strong enough for prices to drive up into new high ground early this morning.
FX G10/EM Morning Trader Views
EUR – Rallies remain limited for eur as we open today just above the recent lows at 1.3057 (asia low).
FX Daily Strategist: Europe
Data playing into USD strength US data has continued to surprise on the firm side of expectations in June. On Tuesday,
US Morning Update
Major overnight headlines: • Mediobanca warns that Italy could apply for an ESM bailout in six months because of political instability, Euro Intelligence
Mid-Day FX Market Analysis
USD: The Dollar lost upside momentum and is posting moderate losses early this morning and while staying well below yesterday’s spike highs,