Tag Archives: EUR/SEK
Continued $ recovery + weakening SEK = buy $/SEK
EUR/USD: Having passed FOMC and the 1.3733 mid body point thedoor has been opened to lower levels. We will next focus atthe Oct 3 peak, 1.3647,
FX Daily
Market movers today * Euro area inflation in October is expected to have been pushed up by the Italian VAT increase,
$ recovering ahead of FOMC
EUR/USD: The market has now, with the 1.3733 drop, likely adjustedthe positioning ahead of tonight’s FOMC meeting.Yesterday’s price action,
FX Daily
Market movers today * The statement from the October FOMC meeting is due for release tonight at 19:00 CET.
Global FX Strategy: No more EURUSD upside
EURUSD In the short term, we expect the USD to gain ground.
Extended losses for commodity ccy’s.
EUR/USD: With also a third consecutive day failing above the 1.3803equality point (between the July/Aug & Sep/Oct rise) buyersappears to be running out of steam.
FX Daily
Market movers today * Today’s main economic release is US retail sales for September. The data were collected before the distortion from the government shutdown and political mess.
USD still in freefall
The US dollar continued its correction against most currencies last week, with the DXY dollar index testing 79.2.
FX G10 Morning Trader Views
EURUSD Topside: 1.3832, 1.3862, 1.3937 Downside: 1.3790/95, 1.3742, 1.3711
FX Daily
Market movers today * US manufacturing production growth has been subdued over the past six months and leading indicators are sending mixed signals.
Likely a new attempt to put some pressure on the €.
EUR/USD: Also a second attempt above the 1.3803 equality point wasrejected. Friday also ended with a doji candle showing thatwe reached balance between buyers and sellers.