Tag Archives: GBP
FX Daily Strategist: US
– GBP under pressure ahead of likely BoE QE next week The USD is slightly better bid across the board as the market tone shifts towards a more risk-averse attitude.
Mid-Day FX Market Analysis
EUR – Closed in NY Thursday at $1.3056 after it had been pressed to session lows of $1.3053 on the negative Wall street close.
Mid-Day FX Market Analysis
EUR – Closed in NY Wednesday at $1.3133 after rate had extended its recovery through the session to an eventual high of $1.3148,
Cable investors spurred by range break
– NZD continues to top the volume list after the range break earlier in the week in NZD/USD.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3063, after rate had seen lows of $1.3037, with moves through Fed Bernanke’s testimony mainly driven by euro-yen reaction.
Plenty of potential market movers this week
Just before the end of last year it seemed markets had reverted to a pre-crisis mood involving limited activity and low volatility.
Mid-Day FX Market Analysis
EUR – Closed in NY Monday at $1.3077 after rate had been pressured off session highs of $1.3319 to $1.3048 on reaction to the Italian election results.
FX G10/EM Morning Trader Views
EUR – So full disappointment in the Italian elections for mkts leads to general cutting of major risk positions in eur and eur x’s – with eurjpy leading the charge (down 5%)
FX Daily Strategist: Europe
– EUR to remain vulnerable on Italian election gridlock The EUR’s sold off sharply after the votes counted for the Italian elections depicted a different outcome from the initial exit polls.
Mid-Day FX Market Analysis
EUR – Closed in NY Friday at $1.3194 after recovering off a session low of $1.31445, opening Wellington at $1.3177 before the recovery extended in early dealing to $1.3235.
CFTC: Widespread dollar buying – MXN now the most preferred
Money managers and other speculative traders were net buyers of the dollar against all eight IMM currency futures, apart from NZD, during the week ending February 19.
FX Daily Strategist: Europe
– Italian elections loom; we expect a EUR recovery The EUR has been trading with a softer tone ahead of Monday’s Italian election result, with investors perceptive to the risks surrounding the elections and the possibility of a hung parliament outcome.