Tag Archives: EUR/SEK
Correctional moves (weaker dollar) remain in play
EUR/USD: The recent/ongoing move higher has come with two consecutive rather large daily candles. The rolling 21day high/low average aka “Base line” was respected yesterday,
FX G10 Morning Trader Views
EUR – Unchanged to where we left it friday and quiet in asia. There was alot of selling towards the back end of last week with the stronger ISM and
Mainly corrective forces at play. Ended yen correction
EUR/USD: After the marginally new low was set the market entered the outlined upside correction phase.
SEK weakness temporary seen pausing.
EUR/USD: The break of 1.3157 confirmed the end to the minor reaction hence paving the way for a fresh low. So current low, 1.3117,
FX Daily Strategist: US
ECB unlikely to encourage further yield gains Our economists expect today’s ECB press conference to tread a cautious path in discussing recent improvement in economic data,
FX Daily Strategist: Europe
Riksbank shift may help the SEK We expect the Riksbank to remove its easing bias and change the projected repo rate profile to reflect an earlier tightening.
SEK make or break day, $ & AUD firmer
EUR/USD: The reaction back up to 1.3218 at least fulfilled the minimum criteria for a minor correction even though we think 1.3237/55 would have fitted better.
FX Daily
Market movers today ● Today’s main event is the ECB meeting this afternoon. In our view, there are fewer arguments for a rate cut today than a month ago,
FX G10 Morning Trader Views
EUR – Eur continues to be under pressure with bounces limited yesterday to 1.3185/90 and no different in asia o/n.
Broad yen weakness. Renewed em weakness.
EUR/USD: There’s now a possible completed wave 3 in place given that we’ve having reached (and for a short while violated) the minimum target,
FX Daily
Market movers today ● We expect no change to the final euro area service PMI, but look for some upside surprise in service PMI for Spain and Italy compared with consensus expectations.