Tag Archives: EUR
FX G10/EM Morning Trader Views
EUR – USDJPY lead dollar weakness saw the single ccy trade back to the key 1.3300 resistance level in Asia which has so far capped topside momentum on the past few attempts.
Mid-Day FX Market Analysis
USD: The Dollar has started out this week with moderate gains, and continues to extend last Friday’s rebound from 31/2-month lows early in this week’s trading.
CFTC: USD exposure reduced
Hedge funds reduced their net long position in USD during the week ending June 4 according to the latest data from the Commodity Futures Trading Commossion.
FX G10/EM Morning Trader Views
EUR – Calm resumes in Asia today as we hold 1.3180/1.3230 range – Mkt squeezed everyone out on Thursday last week and
The Week Ahead in FX
In the week ahead, investors will be focusing on US data on retail sales and consumer sentiment for indications of the strength of the economic recovery.
Weekly Economic & Financial Commentary
Losing Steam, Even With Larger Payroll Gains · May’s larger-than-expected nonfarm employment gain did little to dispel the notion that economic activity is decelerating in the second quarter.
FX SENTIMENT REPORT
• The USD remains favored against most of the currencies, despite short covering in EUR, JPY and CHF. MXN remains the largest held net long, at $3.3bn, despite a $1.5bn decline w/w.
Mid-Day FX Market Analysis
USD: The Dollar was able to put together a modest rebound from overnight pressure, but is making little headway getting back into positive territory after
FX G10/EM Morning Trader Views
EUR – after the chaos to end the London session yesterday things have settled down somewhat in the single currency as we await NFP.
USD takes a pummelling ahead of non-farm payrolls, ECB on hold for the foreseeable future, is the rally about to end?
The USD came under sharp selling pressure across the board from about BST15.30 onwards yesterday.
Is the spill over from quantitative easing receding?
• The key theme in financial markets over the past month has been the changed perception about how long the Fed will continue to loosen policy settings.
ECB comment: Short action: “yes”, long words: “well… not much”
There was not a lot of news in ECB’s monetary policy meeting today. The ECB is ready to act again, if key figures disappoint,