Tag Archives: EUR/SEK
Low for longer’ still applies in Scandinavia
After last week’s rather uneventful Riksbank meeting, we keep our view that the Swedish money market will continue to price the Riksbank ‘low for longer’ and
FX Daily
Market movers today * In the euro area monetary development will be in focus as credit contraction continues to be one of the key risks to the recovery.
A more profound yen rise?
EUR/USD: ith the close set above 1.3794 no further evidence of apeak was set. The market however responded to the 1.3803resistance by pausing and meandering around it.
Commodities & commodity ccy’s lower. Rix & NB day
EUR/USD: It is unclear whether yesterday’s very marginally (1pip) highmarked the end to the advancing wave from 1.3651 or ifthere’s yet another marginally one left
FX Daily
Market movers today * Focus will be on global PMIs. We expect overall euro area PMIs to increase,
FX Market Drivers: Changes in expectations of USD
Review Non-farm payroll came out at 148,000 against the expected level at 180,000.
FX Daily
Market movers today * ECB holds a press conference about its Comprehensive Assessment of banks’ balance sheets which includes an Asset Quality Review and stress tests.
The dollar is a post-NFP “punching bag” – can it fight back?
EUR/USD: The post-NFP reaction may be somewhat strange with riskon/dollar off so notably on a lesser number. Be that as it may,the pair trades at levels not seen since late 2011 and bullishlyso.
Scandi central banks in focus this week
With the US government open for business once again, financial markets will receive crucial US data this week starting with non-farm payrolls later today.