Tag Archives: GBP
Mid-Day FX Market Analysis
EUR – Opened early Europe at $1.3002, Euro-dollar closed in NY at $1.2979 after recovering off a corrective pullback low of $1.2945 after pulling back from an intraday high of $1.3015 in late Europe.
Mid-Day FX Market Analysis
EUR – Opened early Europe at $1.2951 Euro-dollar closed in NY at $1.2955 after rate had recovered off session lows at $1.2880 as risk gained a boost on the back of comments from US Pres.Obama and House Speaker Boehner which were seen showing a compromise possible concerning the looming Fiscal Cliff.
European FX Daily
– Asian equities and FX rally – Q3 GDP likely contracted in Switzerland and Sweden, revised higher in the US – Italy to sell 5yr, 10yr bonds today
FX G10/EM Morning Trader Views
EUR – support at 1.2880 held perfectly yesterday as a quick headline saw waves of short covering with this showing no signs of slowing overnight.
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2924, Euro-dollar closed in NY at $1.2944 after recovering off a stop driven low of $1.2915 as trade through Thursday eased away from the initial react highs of $1.3010 following Monday’s Eurogroup Greece debt action.
FX G10/EM Morning Trader Views
EUR – Mkt seem to be leaning on bids 00/10 zone with stops awaiting below the 00 – yesterday definitely a buy the rumour of greek deal sell the fact with the inability of eur and eur x’s to break through important range highs across the board leading this sell off.
FX Outlook & Trades 2013: Stronger cyclical currencies
Today we publish a slightly longer version of FXR with our general thoughts and outlook for G10, EM and Asian currencies 2013.
FX Daily Strategist: US
– Greek deal to help risk-sentiment remain supported Both the IMF and Eurozone came to an agreement to reduce Greek debt as was to be expected. While some key details are missing, eurozone banking shares are outperforming in higher volumes this morning.
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2987, Euro-dollar closed in NY at $1.2972 after a fairly subdued US session as markets awaited the outcome of the Eurogroup meeting.
FX Daily Strategist: Europe
– An agreement is finally reached on Greece, expect EUR to be supported The Eurozone finance ministers reached an agreement to reduce Greek debt by EUR 40bn, cutting it debt to 124% of GDP by 2020 and to substantially less than 110% of GDP by 2022.
FX G10 and EM Morning Trader Views
EUR – Finally Europe get the deal done and we see a spike in eur and eur x’s but as yet no follow through on yesterdays move.
CFTC: USD bought against all eight IMM currencies
Money managers and hedge funds flocked to the dollar during the week ending November 20, according to data released late due to a US holiday on Friday. During the week some seven billion dollars were bought, primarily against JPY, EUR and GBP.