Tag Archives: EUR/SEK
$ selling probably not completed, equities higher
EUR/USD: Overall great uncertainty in the aftermath of the post FOMC washout but the price action in the low
US Morning Update
Major overnight headlines: • European stocks, bonds firm after June FOMC minutes and Bernanke,
Fed Chairman Bernanke sets markets straight…
Bernanke’s speech and his Q&A, 2 hours after the release of the FOMC minutes, were more influential.
$ sold off–equities, gold, bonds in demand post FOMC
EUR/USD: With no downside follow through shorts were already nervous and started pushing the buy button passing the 1.2899 resistance,
The US Dollar Bull Market Has Begun
While the Fed has judged the US economy to be sufficiently robust to withstand an increase in interest rates, in many ways the US stands alone,
Passing the ZIRP baton to Europe
Risky assets have mostly experienced tailwinds since the latest FX Pilot. Carry strategies have performed, as have global stock markets.
EUR/USD likely to expand losses. Next key ref is located at 1.2661
EUR/USD: A short-term 1.2796 key ref was yesterday taken out and this opens for extension below 1.2740 and into the next key medium-term ref, located at 1.2661.
Modest dollar correction likely before higher again
EUR/USD: A 1.2875-1.2985 pause correction shouldn’t come as a surprise before attacking the short-term key ref at 1.2796.
Conditional pre-commitment
Last week saw an unprecedented move by central banks in Europe towards stronger guidance about the outlook for monetary policy.
$/Scandies in the lead for a stronger dollar.
EUR/USD: Another daily (and weekly) candle added so we’re continuing to build downward pressure. We are now also in the low end of the 1.2796-1.3000 broad support zone with
Some like it hot
Seasonal price swings stem from the comings and goings in, and changes of behaviour of, groups of market participants at different points in time.