Tag Archives: EUR
Mid-Day FX Market Analysis
USD: The Dollar is posting moderate losses this morning, although the market has survived an overnight retest of yesterday’s new low for the move.
Rates on hold and flatter rate path from Norges Bank
The message from Norges Bank has been just as volatile as the import-weighted NOK index over the past year with hawkish and dovish comments swiftly changing.
FX G10/EM Morning Trader Views
EUR – Quiet in the main yesterday although remains firm on a 1.33 handle as we approach FED tomorrow – ZEW out later this morning could possibly add some volatility to eur,
The 18-19 June FOMC meeting remains a key focus in financial markets
USD positioning ahead of the 18-19 June FOMC meeting remains a key focus in financial markets.
Mid-Day FX Market Analysis
USD: The Dollar has been fairly subdued to start out this new trading week, but was able to grind out a modest gain coming into this morning’s session.
CFTC: AUD short reaching record; EUR short almost removed
Hedge funds cut their long dollar exposure through IMM currency futures by almost one-third during the week ending June 11.
FX G10/EM Morning Trader Views
EUR – So an important week ahead of us for the USD – With the mkt likely to seize on any attempts by the fed to calm mkt uncertainty over tapering
The Week Ahead in FX
In the coming week, markets will be focusing on Wednesday’s Federal Reserve policy meeting,
Weekly Economic & Financial Commentary
Growth on Track Despite Mixed Data • The May retail sales report came in better than expected, with sales rising 0.6 percent. Core retail sales were somewhat softer at 0.3 percent,
FX SENTIMENT REPORT
The net short EUR position collapsed from $8.4bn last week to $1.3bn this week, a level not seen since February and one that suggests a bullish turn in EUR sentiment.
Mid-Day FX Market Analysis
USD: The Dollar was able to put together a moderate rebound this morning, but remains well inside of yesterday’s trading range.
FX G10/EM Morning Trader Views
EUR – Eur x’s held lvls well yesterday and so did eur at 1.3275/80 – Spec selling during the day met with RM demand and