Tag Archives: EUR
Mid-Day FX Market Analysis
EUR – Early Asian trade was confined to a tight range around $1.3000 before euro-yen sales pressed euro-dollar back to that NY pullback low of $1.2988 before bouncing to $1.3006.
German Ifo business climate falls
German business confidence resumed its drop for a second month in April, adding to signs Europe’s largest economy is struggling to gain momentum.
FX Daily Strategist: Europe
Softer Australia CPI while RBNZ statement appears more positive RBNZ kept rates unchanged at 2.5%, as widely expected, but the statement was more upbeat on the domestic economy, propping the NZDUSD to a high of 0.8458.
ECB: a rate cut by default
Although it says it is thinking “360 degrees” on the unconventional measures, the ECB currently looks powerless to put through new measures able to restore transmission channels for its monetary policy and
Mid-Day FX Market Analysis
EUR – Euro closed in NY Monday at $1.3066 having recovered off session lows of $1.3015. Early trade in Asia was contained by $1.3055/70 before getting pressed lower on the back of euro-yen sales,
FX G10/EM Morning Trader Views
EUR – Washing around at the lower end of this recent range 1.30/1.3150 – European PMI’s likely to dominate this morning with many suggesting weaker numbers will lead to action from Draghi next week.
Market Analysis: US
USD: The Dollar has rebounded from early pressure and is posting a modest gain to start out the new trading week, as a quiet weekend has done little to change the overall tone of the market.
Mid-Day FX Market Analysis
EUR – The cross closed in NY Friday at $1.3052, after easing off a session high of $1.3130, with rate marked higher into early Wellington on the back of expected euro-yen demand
FX Daily Strategist: Europe
Green light from the G20 should see USDJPY test 100 Comments from the G20 supported renewed USDJPY gains and an eventual break of the key 100 level is in the pipeline.
FX G10/EM Morning Trader Views
EUR – Choppy still in this 1.30/1.3150 zone currently, Friday a prime example of that as we jumped around on headlines between 1.3080-1.3130 only to end the day back at 1.3055,
FX Comment: in Europe we trust
rance is an organized chaos, with lots of Asian tourists walking around, discovering French wines and cheeses in the vicinity of cultural spots…
CFTC: AUD longs cut as commodities suffer. EUR bought
Hedge funds trimmed their dollar position versus eight IMM currency futures by one billion during the week ending April 16.