Tag Archives: GBP
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2765, demand in the crosses predominately from euro-yen lifted the rate to $1.2760 in early Asia, flushing light stops on the move.
FX G10/EM Morning Trader Views
EUR – Whipping about in a tight range of late, the parameters of such defined by the 100 and 200 dma’s at 1.2650 and 1.2808 respectively.
CFTC: Risk adversity supports USD; JPY bought just before drop
Money managers, speculating in IMM currency futures, bought dollars again during the week ending November 13 according to the latest data from the CFTC.
European FX Daily
– USD lost ground, most Asian stocks rose at the start of the week – Thailand’s GDP surprised strong Flash PMIs due for euro zone, US, and China this week – Greece in the spotlight again
FX Daily Strategist: US
– Expecting substantial USD weakness by year-end The broad USD index has now been rallying for two consecutive months and has strengthened by over 3% during this time.
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2755, Euro-dollar had a lacklustre Asian session with trade confined to a tight $1.2755-85 range. Cross sales predominately in euro-yen eased to $1.2770 after the Tokyo fix, the rate extended losses to $1.2755.
G10 FX Spot Commentary
GBP – Early eurgbp seller catches the market off guard. Short term market makers are short sterling but the demand is solid and quality names.
FX G10/EM Morning Trader Views
EUR – Orderbooks wiped clean now as we play this 1.2650/1.2820 range – Eur x’s extended yesterday eventually dragging eurusd with it taking the stops out 1.2780/00 –
FX G10/EM Morning Trader Views
EUR – Eur x’s supported eurusd yesterday and we saw some general short covering from lev and spec a/cs helping us to trade 1.2778 high. That 1.2770/80 was the lvl we were looking for and so square again now.
European FX Daily
– China unveiled its leadership line-up – Japan opposition leader called for unlimited BoJ easing – We expect an upside surprise in today’s euro area GDP
JPY weakens apace on politics. Weak US data ahead of FOMC minutes
The political situation in Japan squeezes fresh longs and has bears desperate to put back on their JPY shorts – but we could get lots more two-way volatility if risk appetite stays in the dumps here.
Mid-Day FX Market Analysis
EUR: Opened early Europe at $1.2717, Euro-dollar opened flat in Asia and lifted on euro-yen demand ahead of the Tokyo fix, the rate extended gains to $1.2715 as risk appetite improved across the board.