Tag Archives: GBP
European FX Daily
– South African GDP to slow, but by less than consensus expects – Hungarian central bank to cut 25bps – US durable goods orders to fall – Spain to sell 77, 168 days bills and Italy to sell 2019, 2026 bonds today
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2956, Euro-dollar closed in NY Friday at $1.2972, just off extended rally highs of $1.2991.
FX G10 and EM Morning Trader Views
EUR – A positive end to last week in EURUSD and EURxxx, EURJPY closing above its weekly cloud the stand out, already seeing some early corp demand for EURUSD on the open as Asia shrugged off the anticipated news of a pro-referendum majority in Catalonia and now eyes turn to whether Greece will be granted […]
European FX Daily
– Thailand’s trade deficit widened, Singapore IP surprised weak – Eurogroup meets again on Greece – Focus on Q3 GDP releases this week
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2888, Euro-dollar closed Thursday’s session at $1.2882, after correcting back from a pullback low of $1.2858 and seen after rate was rejected from the $1.2899 level earlier in the day.
FX G10/EM Morning Trader Views
EUR – Dragged by eurjpy earlier in the week now its catching up to the general improved risk sentiment and squeezing the week shorts put on pre/post draghi at the start of the month
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2750, Euro remained defensive but held above $1.2800 in light Asian trade as markets awaited a decision from eurozone ministers on Greece.
FX G10/EM Morning Trader Views
EUR – Eur remains in this 1.2650-1.2830 range – taken to the brink on the topside yesterday trading to 1.28295 but despite cleaning a few stops out we fail
European FX Daily
– Eurogroup failed to reach an agreement on Greece, yet again – Japan’s October trade deficit weaker than expected – US data likely to surprise weak today
G10 FX Spot Commentary
EURUSD : Support – 1.2760 , 1.2690 , 1.2650/40 Resistance – 1.2820 , 1.2880 , 1.2985 Risk traded very well yesterday pushing the USD broadly lower as stocks remembered how to rally after a dismal post election week.
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2788, Euro-dollar slipped sharply after the NY close to $1.2767 as Moody’s cut France’s credit rating by one notch to Aaa1.
FX G10/EM Morning Trader Views
EUR – focus now switches to ‘core Europe’ following the French downgrade by Moody’s. French yields slightly higher on the open, not a huge move though with this largely reflected in spot having squeezed higher post the initial headline dip.