Tag Archives: EUR/SEK
FX Daily
A relatively light data calendar. The most interesting release is the ADP privateemployment report in the US that will
€ at/close to a potential turning point. SEK reaction.
EURUSD: The first step of yesterday’s outlined scenario, the move upto 1.3678/86, has been taken so now it remains to be seenwhether the second one,
FX Daily
While ISM manufacturing has recovered a lot from the winter lows, we believe it canimprove a bit further in the short term before moderating in Q3.
Stronger yen. Lurking SEK buyers?
EURUSD: After Thursday’s downside failure the buyers were in thedriver’s seat Friday and the week ended on a positivefooting.
FX Daily
We expect today’s euro-area inflation to increase to 0.7% y/y (from 0.5% y/y in May)from an initial forecast of just 0.5% y/y on the back of the higher-than-expectedGerman inflation numbers released on Friday.
Scandi markets ahead: Dovish Riksbank ahead and dovish market pricing in Norway
In Sweden all focus will be on the monetary policy announcement Thursday at 09:30CET. Anything but a rate cut from
USD/JPY key support broken. A lurking SEK reaction?
EURUSD: Basically all intraday initiatives fails (spikes on both sides)and yesterday were no exception trying lower but
FX Daily
In the euro area German and Spanish HICP will give the first set of information aboutinflation in June.
Global FX Strategy – Summer dull
The recent rate cut from the ECB pushed the EUR/USD down. Furthermore, has a dovish Yellen paused the Fed funds repricing which altogether leaves the EUR/USD in a range with
AUD/NZD resuming its bear trend. Bonds in demand
EURUSD: The attempt to rise above the 1.3644 resistance was sooncaptured and the market thereafter returning back into itsprior range.
FX Daily
Today US PCE core inflation is due for release and we expect the PCE core toincrease to 1.5% y/y in May from 1.4% y/y in April.
Continued AUD, SEK & ZAR weakness
EURUSD: For the fourth consecutive day the market ended basicallyunchanged but with intraday spikes on both sides.