Tag Archives: EUR/SEK
USD/JPY could recheck the mid-101s and EUR/SEK 9.0050.
EUR/USD: The market showed hesitation last week while first tryinghigher then lower, only to close Fri where Mon started.
FX Daily
Lots on the agenda today. Main releases will be French and German flash PMI. We look for a very moderate increase in line with consensus. Following a steady increase earlier in the year, PMIs have been going sideways lately and
Scandi markets ahead: Riksbank rate cut this week
We expect the Riksbank is likely to cut the repo rate this week. We would also not besurprised to see something more/else, with the most likely course of action being adownside premium in addition to the cut.
FX Viewpoint: taper the taper. Now.
Expectations for “taper” this week have increased…beware. USD weakness to resume. SEK could get some support on surprise “no cut”, but…
Weekly Forex Report
Short-term movement may be dictated by EUR/CHF The expectation of Fed tapering has led many to believe that yields in the US have likely seen their lows with the T-Note having posted a bottom at 1.379% (25/07/2012).
FX Daily
ECB Vice President Vito Constancio, ECB chief economist Peter Praet and ECB board member Bernoit Coeuré are all scheduled to speak today. It will be interesting to hear if they have anything to say about
Very positive $ signs. Scandies to suffer more.
EUR/USD: Even if it still has to be seen whether the price ends backwithin the 55w Bollinger (see yday TA) or not other signs ofweakness are resurfacing today.
What vol implied ranges tell us about 2014
On EUR/USD, spot has traded a 1.29 handle in each of the last 10years. 2014 is not the moment to break the pattern, given the skew ofbig picture macro risks, from slowly pricing US rate hikes in the shortendof the USD yield curve,
FX Daily
ECB-president Mario Draghi will speak before the European Parliament in connection with a discussion of ECB’s annual rapport. There could be downside risk to euro area industrial production for October as industrial production disappointed in both Germany and France.
More bearish £ signs. USD/Latam taking off.
EUR/USD: We’re now back in the rather rare situation that the marketis trading outside the 55week Bollinger band (and alsoyesterday, however for a short while, on a daily basis)something that historically has a strong tendency to
EUR/USD is possibly peaking. EUR/SEK under 8.98 would trigger a correction lower.
EUR/USD: Sellers responded to the move above an alternative 127.2%Fibo and negotiated the close just below it. A move under anear-term 1.3745 pivot would show near-term initiative andtarget 1.3695.