Tag Archives: GBP
Mid-Day FX Market Analysis
EUR – Euro-dollar closed in NY Wednesday at $1.3030 after it had been driven lower on reaction to ECB official comments suggesting a rate cut could be
FX G10/EM Morning Trader Views
EUR – Full reverse off the 1.32 resistance lvl yesterday. With many of the shorts all taken off the day before not much to stand in the way of it coming lower,
Message From Markets: Dollar Uptrend Intact
This month’s mixed dollar performance has added doubts about the dollar trend. Indeed, FX analysts have revised up their year-end forecasts for both the euro and
Market Analysis: US
USD: The Dollar is finding moderate strength this morning, but still has a long way to go in order to fully recover from yesterday’s sharp downdraft.
Mid-Day FX Market Analysis
EUR – Euro-dollar took out stops through $1.3155 and $1.3170 to print highs of $1.3202, but with lack of follow through pared light gains to close in NY Tuesday at $1.3180.
Daily FX Update
– USD is weak, retracing some of yesterday’s strength. – Gold’s 15% two session collapse suggest unease with the economic outlook, vulnerable markets & limited ability for the Fed to taper QE.
US Market Analysis
USD: The Dollar could not sustain a recovery from overnight pressure and is posting moderate losses this morning,
FX Ringside
For years we have argued that currencies enjoying strong fundamentals and slightly higher bond yields, such as commodity and Scandinavian currencies should benefit from portfolio inflows.
FX Daily Strategist: Europe
Plunge in risk sentiment lifts USD Risk sentiment improved slightly in Asia following sharp risk-off trading session overnight.
Daily FX Update
– USD is strong as gold collapses, China’s growth disappoints and the US Treasury suggests it is monitoring Japan closely.
US Market Analysis
USD: The Dollar was able to rebound, although clearly underperforming the Yen as a safe-haven destination at the start of this week.
FX Daily Strategist: US
A risk-averse start to the week on Chinese data JPY should continue to remain well supported, with the commodity currencies on the defensive following surprisingly weaker Chinese data over Q1.