Tag Archives: EUR

The Week Ahead in FX

The EUR/JPY and USD/JPY rose on Friday after finance ministers from the Group of 20 nations indicated that they support Japan’s efforts to spur growth through aggressive monetary easing policies.

Central banks turn softer on fragile global recovery

Market Movers ahead – Fed is expected to scale down rhetoric as the economy enters a soft patch. – In the US April non-farm payrolls are expected to show only a modest increase.

Daily FX Update

USDJPY MAKES ANOTHER ATTEMPT AT 100 – USD is broadly weaker as market starts to price in small risk of further stimulus & the G20 does not object to Japanese policies.

Mid-Day FX Market Analysis

EUR – Euro-dollar closed in NY Thursday at $1.3050 after rate had seen recovery highs of $1.3096, repulsed ahead of $1.3100,

FX G10/EM Morning Trader Views

EUR – Choppy is the best way to describe eur price action recently and yesterday no different. Support from corps and longer term names at 1.30/1.3030 provided support offers from spec and

FX Daily Strategist: US

Strong European auctions fail to boost EUR as remains on rate outlook Thursday’s auctions by Spain and France indicate that eurozone bond markets are likely to remain supported going forward.

Market Analysis: US

USD: The Dollar is finding moderate pressure this US morning as prices have consolidated within a tight trading range after the extreme volatility of the past two sessions.

Mid-Day FX Market Analysis

EUR – Euro-dollar closed in NY Wednesday at $1.3030 after it had been driven lower on reaction to ECB official comments suggesting a rate cut could be

FX G10/EM Morning Trader Views

EUR – Full reverse off the 1.32 resistance lvl yesterday. With many of the shorts all taken off the day before not much to stand in the way of it coming lower,

Message From Markets: Dollar Uptrend Intact

This month’s mixed dollar performance has added doubts about the dollar trend. Indeed, FX analysts have revised up their year-end forecasts for both the euro and

Market Analysis: US

USD: The Dollar is finding moderate strength this morning, but still has a long way to go in order to fully recover from yesterday’s sharp downdraft.

Mid-Day FX Market Analysis

EUR – Euro-dollar took out stops through $1.3155 and $1.3170 to print highs of $1.3202, but with lack of follow through pared light gains to close in NY Tuesday at $1.3180.