Tag Archives: GBP
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3374 after rate had performed an impressive recovery off earlier Asian lows of $1.3270 to $1.3388 ahead of the NY close.
European FX Daily
– China’s GDP rose 7.8%yoy, consensus 7.7% – New Zealand inflation surprised weak – We expect Mexico’s central bank to stay on hold
FX G10/EM Morning Trader Views
EUR – It’s grinding higher but definitely lagging the eur ‘x. It seems corp offers in the mkt up to this 1.3400/05 resistance slowing the moving higher.
US Housing stats continues to improve
The USD trimmed gains against the euro and extended gains against the yen on Thursday, after data showed that U.S. housing starts rose to a four-year high in December,
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3291 after rate had recovered off session lows of $1.3257 to $1.3311 before settling between $1.3275/00 through to the close.
FX G10/EM Morning Trader Views
EUR – Whippy in this 1.3250/1.3330 range as the mkt trys to work out the next move – Yesterday still some decent demand on the dip from RM and Corp a/cs in eur and
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3306 after rate had recovered off session lows of $1.3264 (lows seen on reaction to EU Juncker comments on the strength of the euro) to $1.3319 before it eased into the close.
FX G10/EM Morning Trader Views
EUR – Another fail on the topside at 1.34 and comments by Junker regarding the strength of the eur ruined the uptrend in the short term yesterday as we broke 1.3300/10 support
European FX
The FX markets are generally staying in corrective mode today and Euro retreats from recent rally on concern on Germany’s economy.
Mid-Day FX Market Analysis
EUR – Closed in NY Monday at $1.3382, off rate’s late recovery high of $1.3395 after it had seen a sell off to $1.3336 earlier in the session as markets adjusted positions ahead of Monday evening’s Fed Bernanke speech.
FX G10/EM Morning Trader Views
EUR – Well a second fail at 1.3400 zone o/n as eurjpy/usdjpy profit taking hits us back off the highs.
European FX Daily
– Asian stocks and currencies mixed – UK inflation likely to surprise to the upside – Spain to sell 12m & 18m bills and Greece to sell 3m bills today