Tag Archives: EUR/CAD
US Morning Update
European equity markets were modestly weaker during the London morning, but even more noteworthy was the lack of attention paid by Asian shares to the weaker-than-expected data out of China overnight.
Forex Weekly Report
The market’s favourite trade may be vulnerable Over the last 4-5 months US Dollar bulls have been biased towards long USD/CAD positions as
US Morning Update
It appeared as if a combination of short-term profit taking and ‘risk on’ weighed on USD demand this morning, as key sovereign rate differentials have not materially backed off against the USD yet.
US Morning Update
‘Risk appetite’ was very tepid during most of the London morning, with more ‘bad news’ out of China colliding with the still uncertain situation regarding Russia.
US Morning Update
* ECB’s Coeure: ECB is ‘ready to act’ if inflation scenario does not materialise, but deleveraging could unleash pent-up monetary policy easing. ECB’s Weidmann: ECB’s ‘expansionary policy is ‘appropriate’.
US Morning Update
Activity in G10 FX pairs was extremely lacking this morning in London, but that shouldn’t shock anyone. European equity indices were trading in the black following modest gains in Asia overnight, but the tone still feels cautious overall,
US Morning Update
We observed very tight ranges in most currency pairs during the London morning. There was not enough direction coming from Ukraine or Black Sea news,
US Morning Update
Putin was not particularly ‘flagrant’ during his press conference this morning, and Russian troops have ended their military exercises in Ukraine for now.
US Morning Update
Most markets were very quiet once again during the London morning, with month-end upon us. Poor investor returns in February have kept the desire to put new trades on very limited this week.
US Morning Update
Price action in equities and USTs during the Asian and London morning sessions suggest ‘risk off’. We suspect participants have been watching moves in CNY closely.
US Morning Update
The tone in global equities (Nikkei excluded) was generally ‘risk-off’, with modest declines partially spurred by more evidence that the PBoC is in the process of tightening monetary conditions.
US Morning Update
Conditions during the London morning were once again supportive of ‘risk’, following Yellen yesterday and surprisingly good Chinese data overnight.
