Tag Archives: GBP
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.2853 after rate had been pressed to session lows of $1.2830 before it recovered to $1.2880, then drifted off into the close.
Mid-Day FX Market Analysis
EUR – Closed in NY Friday at $1.2989 after rate had traded with a positive speculative tone through Europe and NY on anticipation that the weekend would bring a deal for Cyprus.
FX Daily Strategist: Europe
– EURUSD rebound above 1.300 on Cyprus’ deal; stay long EURCHF Cyprus headlines remain in focus. EUR rallied above 1.300, just shy of 1.0350, following morning headlines that “Cyprus and Troika reached an agreement in principle”.
CFTC: Cyprus news trigger EUR selling, JPY buying
The main news from last week was undoubtedly the news from Cyprus and it triggered a major round of position adjustments in the speculative positions held by money managers in IMM currency futures.
The Week Ahead in FX
The euro gained ground against the dollar as political leaders in Cyprus prepared to pass legislation to restructure the country’s banking sector and impose capital controls.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.2900 after rate had moved backwards and forwards through $1.2900 a few times during the session,
FX Daily Strategist: US
– GBP may squeeze higher, but bounce to 1.53-1.54 should be contained Sterling has been supported by a rebound in retails sales in Feb with the headline reading jumping 2.1% m/m vs. market expectations of +0.4.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.2934 after rate recovered through the NY session to a high of $1.2979 before drifting off into the close.
FX G10/EM Morning Trader Views
EURUSD – Nasty squeeze yesterday as mkt makers and spec guys reduced their positioning in anticipation of a deal/resolution in Cyprus.
FX Daily Strategist: Europe
– EUR: headline risk but limited contagion EURUSD has been consolidating around 1.2930-60 with sentiment shifting towards expectations of a constructive solution to the Cyprus crisis.
FX Daily Strategist: US
– EUR vulnerable as options for Cyprus are discussed; weakness ultimately a buying opportunity EURUSD has sustained a rebound off Tuesday’s four-month low of 1.2850 after the Cypriot parliament voted “No” to the proposed bailout plan.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.2873 after rate had been shoved to lows of $1.2844 following the Cypriot Parliament rejection of the Troika bank deposit levy,