Tag Archives: EUR
FX G10/EM Morning Trader Views
EUR – Disappointing fail yesterday to break and close above that 1.3480 – a print at 1.3520 unwound by a headline in Bild regarding ecb concerns over recent strength.
Mid-Day FX Market Analysis
EUR – Closed in NY Tuesday at $1.3456 after rate had seen a recovery off intraday lows of $1.3364 to $1.3476 before drifting off into the close.
FX G10/EM Morning Trader Views
EUR – Squeezed mkt out yesterday of weak shorts taking out the 1.3430/50 area but stopping short of breaking 1.3480. Selling dominated above 1.3450 from lev and RM a/cs.
FX Daily Strategist: US
– G7 Statement provides green light to sell JPY USDJPY remains bid and likely to break the 94.46 high reached yesterday after a G7 statement released this morning provided a green light to sell JPY ahead of the G20 meeting beginning Thursday.
Mid-Day FX Market Analysis
EUR – Closed in NY Monday at $1.3402 after rate had recovered from a NY afternoon dip to $1.3482. Rate had seen lows earlier in the day of $1.3357, lifting in early NY to $1.3428.
FX Daily Strategist: Europe
– US Treasury backs Japan, lifting USDJPY to new highs USDJPY rallied through 94.00 after US Treasury Undersecretary Brainard expressed support for Japan’s efforts to boost growth and end deflation,
FX G10/EM Morning Trader Views
EUR – Range bound for much of yesterday and o/n in Asia – We managed to stay below that 1.3430 zone yesterday despite comments from Weidman suggesting that eur strength isn’t an issue.
FX Technical Volume Strategy: The west weakens JPY
– On Monday, FX volumes dropped to the 80th percentile – still a strong showing considering that most of Asia was absent.
Mid-Day FX Market Analysis
EUR – Closed in NY Friday at $1.3370, having extended its corrective pullback to $1.3353 during the session, before performing a slight recovery into the close.
FX G10/EM Morning Trader Views
EUR – So early Asia flush out below that 1.3350 lvl that held Friday but we snap back quick. Looking at this 1.3330 as the support again on the day.
FX Daily Strategist: Europe
– EUR consolidation lower to continue in days ahead The EUR ended last week on a soft note, and relatively thin markets in the Asian time zone (with China, Japan and several countries off) has only seen a small recovery.
CFTC: EUR and JPY bought at the expense of GBP, CAD and AUD
Hedge funds and other money managers made relatively small adjustment to their IMM currency positions during the week ending February 5 according to the latest “Commitment of Traders” report from the Commodity Futures Trading Commission (CFTC).