Tag Archives: EUR/SEK
FX Daily
We expect today’s ECB meeting to be another wait-and-see one without any neweasing measures. MarioDraghi is expected to continue to sound very dovish as inflation in April again wasbelow ECB’s expectations,
BNPP Introduces A New Forecasting Model
BNP Paribas today introduces a new forecasting model ‘CLEER’ which is a medium-term fair value model for currencies.
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, USD/CAD
EUR/USD: Prior resistance just over 1.39 is converted into presumed support with a mid-body point now contributing to this thought.
FX Daily
We expect German factory orders to send another signal of solid GDP growth in Q1,as we forecast an increase of 0.4% m/m in March after it rose 0.6% m/m in February.
USD/JPY trades with focus on 101.85. SEK looks offered still
EUR/USD: It was a non-performing session yesterday, but few seemedinterested to bearishly distance resistance at 1.3890\1.390and until sellers start to convince again,
FX Daily
The first estimate for the service PMI indicator for Italy and Spain will be the mostinteresting new information in connection with today’s release of final service PMI inthe euro area.
€ and Yen trading bid. AUD/NZD to the triangle floor
EUR/USD: After a three wave (hourly graph) kneejerk downsidereaction the market returned up close to the recent higharea hence keeping a bid undertone in place.
FX Daily
Focus will continue on developments in Ukraine where turmoil has spread andturned more deadly over the weekend. Markets in both the UK and Japan areclosed for bank holidays today.
SEK selling is back on the agenda. Reaction risk (lower) in GBP/USD.
EUR/USD: The bearish reversal candle pattern the day before yesterdaywas U-turned into something equally potentially bullishyesterday.
FX Daily
The key event will be the US employment report for April (14:30 CET). We lookfor a solid rise of 220k in non-farm payrolls,
FX Daily
We see further improvement in ISM manufacturing for April as jobless claimsand regional surveys point to a decent rebound in activity going into Q2.
€uro a tad softer. SEK sellers seen returning
EUR/USD: After an initial move higher the market fell back and did soin a rather impulsive manner ending the day with a bearishkey day reversal.