Tag Archives: GBP
Mid-Day FX Market Analysis
USD: The Dollar has started out this week with moderate gains, and continues to extend last Friday’s rebound from 31/2-month lows early in this week’s trading.
CFTC: USD exposure reduced
Hedge funds reduced their net long position in USD during the week ending June 4 according to the latest data from the Commodity Futures Trading Commossion.
FX G10/EM Morning Trader Views
EUR – Calm resumes in Asia today as we hold 1.3180/1.3230 range – Mkt squeezed everyone out on Thursday last week and
The Week Ahead in FX
In the week ahead, investors will be focusing on US data on retail sales and consumer sentiment for indications of the strength of the economic recovery.
Weekly Economic & Financial Commentary
Losing Steam, Even With Larger Payroll Gains · May’s larger-than-expected nonfarm employment gain did little to dispel the notion that economic activity is decelerating in the second quarter.
FX SENTIMENT REPORT
• The USD remains favored against most of the currencies, despite short covering in EUR, JPY and CHF. MXN remains the largest held net long, at $3.3bn, despite a $1.5bn decline w/w.
Mid-Day FX Market Analysis
USD: The Dollar was able to put together a modest rebound from overnight pressure, but is making little headway getting back into positive territory after
UK Monetary policy unchanged
Following today’s Monetary Policy Committee meeting, the Bank of England maintained its official rate at 0.5% and the amount of asset purchases at 375£ billion.
US Morning Update
Major overnight headlines: *French 1q ILO unemployment rate rises to 10.8% vs 10.5% *ECB says banks borrowed eu23.0 mln at marginal rate
Mid-Day FX Market Analysis
USD: The Dollar could not sustain an overnight rebound, and has now fallen to a fresh 4-week low coming into this morning’s session.
ECB press conference centre stage today…
Main event of the day today will inevitably be the ECB meeting and Mr. Draghi’s press conference. The ECB will today publish its new growth and inflation forecasts,
Macro Weekly: Raising our 2014 forecasts
Big Picture: We have raised our 2014 GDP growth forecasts for the eurozone (from 1.0% to 1.3%) and for the US (from 3.0% to 3.2%).