Tag Archives: EUR/SEK
Scandi markets ahead
In Sweden, the week ahead will contain quite a few interesting sets of data. Mostprominent, of course, the labour market survey for April,
FX Daily
Today’s data calendar is rather thin. In the US, the main focus will be on the releaseof housing starts and building permits for May as well as the release of theUniversity of Michigan confidence indicator.
FX Daily
We forecast a growth rate of 0.4% in the euro area in Q1. If this proves right, it willbe the fourth consecutive quarter of positive growth and the strongest quarterlygrowth rate in three years.
FX Daily
Euro industrial production is expected to decline in March in line with the movementacross countries. The lower production is partly due to fewer working days in March.
EUR/USD offers likely at 1.38 and USD/JPY sellers should act at 102.40
EUR/USD: EUR/USD trades with resistance at 1.3800 in mind. USD/JPY should test 102.36-102.41 but encounter offers there
FX Daily
We expect another small decline in German ZEW expectations in May after it hastrended downwards during the first few months of 2014.
FX Daily
Today we have a very light calendar in terms of data releases but there are someinteresting central bank speeches. ECB’s Constancio,
€/$ bearish follow through. NOK/SEK still higher
EUR/USD: After a minor bounce the pair continued its descent. Thedownside exit from the rising wedge has set 1.3295 as aviable first hand target for the decline.
Scandi markets ahead: Swedish CPI and new NGB auction in 10-year segment
The Riksbank has put a lot of focus on inflation. Swedish core inflation is running at0.0%, which is well below the Riksbank’s forecast and way below the 2.0% inflationtarget.
Strong rejection from the $ key support. NOK stronger
EUR/USD: The minimum target, a move above 1.3967, was yesterdayachieved however falling short of our ideal target, the wedgeceiling at 1.4020.
FX Daily
We have a very light data calendar with only secondary data releases scheduled. InEurope both the UK and Italy will release industrial production for March.
The dollar is approaching key support levels.
EUR/USD: The slow slide back to the mid body point, 1.3905, ofWednesday’s bullish candle is probably enough correctionso for today focus will be on a resumption of the climb.