Tag Archives: EUR
FX G10/EM Morning Trader Views
EUR – Surprisingly one way traffic since that Friday high above 1.37 – Mkt that’s long and political issues in Spain/Italy leading to an unwind of positioning to an Asia low of 1.3462.
FX Daily Strategist: US
– EUR could trade weaker this week before resuming rally On a multi-week/month view, we like EUR higher and have revised our EURUSD forecast higher to 1.4000.
Mid-Day FX Market Analysis
EUR – Closed in NY Friday at $1.3640, having corrected off US NFP react highs $1.3711. The boost from US employment report came as market reacted more to the upgraded back revisions.
FX Focus: EUR – A twist in the tale
– A rapid improvement in financial conditions and a less-dovish-than-expected ECB have led to the EUR being the strongest major currency in 2013 so far.
FX G10/EM Morning Trader Views
EUR – Friday was a day of big moves in eur and eur x’s and that move off the lows at 1.3585 to test above 1.37 was no exception.
CFTC: JPY selling resumes with an added twist
Speculative traders bought dollar against all eight IMM currency futures apart from EUR during the week ending January 29.
FX Market Week Outlook
The dollar hit fresh 14-month lows against the euro on Friday as U.S. jobs data reinforced expectations that the Federal Reserve would maintain its monetary easing program.
Americas FX Daily
European PMI improvement helps momentum What happened overnight – Euro mfg PMI revised higher; Spain, Italy PMIs higher – Sweden, Swiss, EMEA PMIs improve, UK PMI ticks lower
FX Daily Strategist: US
– US NFP headline today prone to volatility Today’s January non-farm payrolls, with employment rising by 150k but higher participation rate pushing the jobless rate to 7.9%, while hourly earnings soften.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3576, after rate had seen a late lift in NY to $1.3594. Rate touched a low of $1.3573 into opening Asia before fresh demand emerged,
FX G10/EM Morning Trader Views
EUR – EURUSD and EURxxx still bid to high heaven at the moment, decent two way over yesterdays month end fix but 1.3540 support held firm and we rallied into the New York close taking out stops through 1.3580 and 1.3600.
Americas FX Daily
Euro rally pauses What happened overnight – SNB reserves data show no significant reallocation