Tag Archives: GBP
FX G10/EM Morning Trader Views
EUR – Tried to break out the topside last week at 1.3480/1.35 and failed falling back towards the base of this 1.33/1.35 range – O/n the low has been 1.3326 in Asia and the focus is 1.3300/10 (last week lows 1.3306).
FX Market Week Outlook
The yen was lower against the dollar and the euro on Friday after a draft statement by the Group of 20 nations avoided singling Japan out for criticism over the recent weakness of its currency.
FX Daily Strategist: US
– GBP will remain subdued UK retail sales showed a very disappointing fall in January, though for what appears to be erratic factors. Headline retail sales volumes including fuel sales declined 0.6% in January,
Mid-Day FX Market Analysis
EUR – Closed in NY Thursday at $1.3368, after rate had slowly recovered off its traded lows of $1.3315,
FX Daily Strategist: Europe
– EUR consolidation to continue EURUSD has seen a moderate bounce after touching a low of 1.3315, while EURJPY has been under some pressure, dipping below 124.00.
FX G10/EM Morning Trader Views
EUR – So eur unwound to the bottom of the 1.33-1.35 range yesterday on back of weaker eurozone gdp data but we held well at 1.3310/20 zone
Mid-Day FX Market Analysis
EUR – Closed in NY Wednesday at $1.3446 after recovering off a session low of $1.3426 seen into the London 4pm fix. A quiet start in Asia,
FX G10/EM Morning Trader Views
EUR – Disappointing fail yesterday to break and close above that 1.3480 – a print at 1.3520 unwound by a headline in Bild regarding ecb concerns over recent strength.
“Flexible targeting” is bad for the pound
We’ve been bearish sterling since the beginning of the year, mostly on the back of an exceptionally weak balance of payments picture.
Mid-Day FX Market Analysis
EUR – Closed in NY Tuesday at $1.3456 after rate had seen a recovery off intraday lows of $1.3364 to $1.3476 before drifting off into the close.
FX G10/EM Morning Trader Views
EUR – Squeezed mkt out yesterday of weak shorts taking out the 1.3430/50 area but stopping short of breaking 1.3480. Selling dominated above 1.3450 from lev and RM a/cs.
Mid-Day FX Market Analysis
EUR – Closed in NY Monday at $1.3402 after rate had recovered from a NY afternoon dip to $1.3482. Rate had seen lows earlier in the day of $1.3357, lifting in early NY to $1.3428.