Tag Archives: GBP
FX G10/EM Morning Trader Views
EUR – Well early LDN crack the 1.3400/05 resistance as we trade to a 1.3420 high. Seeing some early model and corp selling into this move as spec and ctas buy.
Mid-Day FX Market Analysis
EUR – Rate closed in NY at $1.3318 after recovering off a low of $1.3265 following its corrective pullback from earlier highs of $1.3355.
FX G10/EM Morning Trader Views
EUR – The whippy price action continues within this 1.3250/1.34 range but today we have the euro area pmi’s to contend with – right now eur x’s holding up well,
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3321 after rate had recovered off lows of $1.3278 to $1.3327 into the close. Rate was contained within a $1.3310/30 range in early Asian dealing,
European FX Daily
– Inflation surprised weak in Australia; strong in Singapore – BoC to stay on hold, unlikely to shift away from hawkish guidance
FX G10/EM Morning Trader Views
EUR – Wild and choppy best describes yesterdays price action and we sit right in the middle of the range 1.3250/1.3400.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3316 after rate had held between $1.3300-1.3330/35 through Monday. Rate came under pressure in early Asia, sales of euro-Aussie cited for the move,
FX G10/EM Morning Trader Views
EUR – Interesting to see that eurusd hasn’t been dominated by eurjpy o/n and has taken out stops higher back above that 1.3335/40 lvl trading to 1.33715 currently.
Mid-Day FX Market Analysis
EUR – Closed in NY Friday at $1.3320 after rate had seen a pressured corrective pullback to $1.3280, recovering to $1.3332 before drifting off into the close.
CFTC: The dollar is sold against all eight IMM currencies
Hedge Funds and other large investors seem to have gone all in as the dollar was net-sold against all eight IMM currency futures during the week ending January 15 according to the weekly data provided by the US CFTC.
FX G10/EM Morning Trader Views
EUR – Disappointment on Friday at the failure to break those offers at 1.3400/05 led to a nasty flush out in the LDN afternoon all the way back to the 1.3280 lvl but even then no follow through on downside.
Weekly Preview
The USD ended the week at highs against the yen on Friday, amid expectations for more easing by the Bank of Japan, while the euro ended the week lower amid renewed concerns over the economic outlook for the euro zone.