Tag Archives: EUR

FX G10/EM Morning Trader Views

EUR – As the 200 day capped us nicely on topside at 1.2890, weaker PMI’s were enough to set the tone yesterday for the move lower.

Mid-Day FX Market Analysis

EUR – Closed in NY Monday at $1.2842 after rate had extended recovery highs to $1.2868 following the release of weaker than expected US ISM data.

CFTC: AUD buying continues and GBP net-short hits 23-month high

Money managers were net sellers of dollars for the first time in nine weeks during the week ending March 26, primarily due to continued strong buying of AUD,

The Week Ahead in FX

The USD was steady against the other major currencies in quiet trade on Friday with many markets closed for the Easter holidays, as better-than-forecast US data supported the dollar.

FX Daily Strategist: US

– Still seeking a catalyst for a EUR rebound This morning’s European trading session has again been unkind to the EUR with an unexpected rise in German unemployment for March and

Mid-Day FX Market Analysis

EUR – Closed in NY Wednesday at $1.2780 after recovering off a low of $1.2750 to $1.2790, with corrective pullbacks ahead of the close contained by $1.2765.

Mid-Day FX Market Analysis

EUR – Closed in NY Tuesday at $1.2860 after rate had experienced a violent swing from lows of $1.2828 to $1.2890, eased to $1.2842 before recovering into the close.

FX Daily Strategist: Europe

– The theme of a “more-nuanced” USD decline starts to work We initiated a new approach to the USD in last week’s FX Quarterly publication, arguing that the USD is likely to remain strong against low

FX Daily Strategist: US

– EUR rebound muted on mixed comments that ‘Cyprus is a special case’ The EUR remains underpressure on the market’s uneasiness about the implications of the Cypriot deal following Monday’s comments from the Dutch Finance minister and

Mid-Day FX Market Analysis

EUR – Closed in NY at $1.2853 after rate had been pressed to session lows of $1.2830 before it recovered to $1.2880, then drifted off into the close.

FX Daily Strategist: Europe

– EUR down but not out as headline risk persists After an initial rally that stopped just short of 1.3050, EURUSD fell sharply to trade around 1.2850.

Mid-Day FX Market Analysis

EUR – Closed in NY Friday at $1.2989 after rate had traded with a positive speculative tone through Europe and NY on anticipation that the weekend would bring a deal for Cyprus.