Tag Archives: EUR
FX Daily Strategist: US
– G10 FX to consolidate ahead of Friday’s NFP release The European session has been characterised by idiosyncratic moves, with some NZD out performance on a slightly hawkish RBNZ statement overnight and NOK under performance on weaker retail sales data.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3565, having seen post FOMC highs of $1.3588. Rate marked lows in early Asia at $1.3562 before settling around $1.3570 through the balance of the Asian morning.
FX Daily Strategist: Europe
– Fed and US data offer little help to the USD The FOMC reaffirmed its commitment to the USD 85bn per month asset purchase program and made only minor changes to the language of its statement.
FX Daily Strategist: US
– Bullish EUR drivers reinforced further today There appears to be very little to deter the current EUR rally, with a lower participation in today’s 3m LTRO (EUR 3.7bn vs. 6.2bn maturing) only adding to the move higher in EUR rates.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3488 after rate had made two attempts to take out option barrier interest at $1.3500, with rate finding support during the session at $1.3460 on pullbacks.
Americas FX Daily
EUR gives back ground What happened overnight – RBI cuts repo rate and CRR – Australia’s NAB business confidence rose
Further upside pressure in EUR/USD after repayments
On 30 January 2013, 3y loans worth EUR 137.159bn will be repaid to the ECB, reducing initial tender volume from EUR 489bn to EUR 352bn.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3456 after a recovery off NY session lows of $1.3431. Rate eased to $1.3444 in opening Asian trade with rate contained for the early part of the Asian day within a basic $1.3445/55 range.
FX G10/EM Morning Trader Views
EUR – Another rangey Asia on a 1.34 handle. Although eur x’s lose a bit of their recent steam especially against aud,nzd and cad. Lvl to watch still 1.3400/10 for me on the downside
FX Daily Strategist: Europe
– US data to shift the focus to USD weakness Overnight US data did not offer a clear direction for the USD as solid December durable goods orders report was countered by soft existing home sales,
FX Daily Strategist: US
– Moving from strong eurozone to weak US data this week The stand out development at the beginning of the week has been the sizeable short-squeeze seen in USD/Asia, with IDR, KRW, TWD and MYR falling over 1.20% today.
Mid-Day FX Market Analysis
EUR – Closed in NY Friday at $1.3464 after easing off extended NY session highs of $1.3480, with rate buoyed above $1.3450 into the close.