Tag Archives: EUR

CFTC: Hedge funds the most dollar bullish since last June

Hedge Funds seeking currency exposure through the use of IMM currency futures were buyers of dollars again for a fourth week during the one ending May 21,

The Week Ahead in FX

In the week ahead Investors will be looking data on GDP from Canada and Switzerland as well as a rate decision by the Bank of Canada.

TRADERS INCREASE LONG USD EXPOSURE • The net USD position rose to $34bn (a large week‐over‐week increase of $9.3bn). This represents the largest net long position in a year and highlights a notably bullish environment for the USD.

Mid-Day FX Market Analysis

USD: The cross is finding moderate pressure in what have been calmer trading conditions than were seen over the past two sessions,

Germany: Q1 GDP growth confirmed at 0.1% q/q

Q1 GDP second estimate confirmed that it increased 0.1% q/q. Demand component breakdown pointed that private consumption, up 0.8%,

FX G10/EM Morning Trader Views

EUR – Extremely whippy in this 1.28/1.30 range – Yesterday saw us squeeze hard off the lows with eur x longs cut out and usd supply back in market as well as corp and

Risk off continues in Asia…

Volatility in USD/JPY and cross/JPY, triggered by a sharp reversal in the Nikkei stock market was been the main story in Asian trade.

Monthly FX Outlook

CURRENCY STRATEGY HIGHLIGHTS • After a shaky couple of weeks our bias for being long the US$ is bearing fruit again.

Economic Fact Book Germany

Germany is the fourth largest economy in the world measured by nominal GDP and the largest economy in the euro area – accounting for about 28% of euro area GDP.

Mid-Day FX Market Analysis

USD:The Dollar continues to see vicious price action this week, and is in-line for a second large-scale reversal in as many sessions.

Euro Zone: Contracting, but at slower pace

Output was still contracting in May, although at a slower pace, according to PMI flash estimates released this morning.

FX G10/EM Morning Trader Views

EUR – Well what a difference a day makes – Eur x demand turned into eurusd demand post a dovish Bernanke speech but we capped well against range highs at