Tag Archives: GBP
G10 and EM Morning Trader Views
EUR – General risk sentiment disappointed eur bulls seeing us clear the decks 1.2955-80 of the longs but gd demand seen again on that dip
FX Market Analysis
EUR: Opened early Europe at $1.3050, Euro-dollar opened on a bid tone in early Asia and lifted to $1.3076 after the Spanish election results indicated support for PM Rajoy’s austerity policies, some see this as hope the government may request a bailout.
G10/EM Morning Trader Views
EUR – Continues to trade 30 pips either side of this 1.3050 lvl – my bias remains unchanged to buy dips 1.3020 then into stops 1.2970/90 with a stop at 1.2935
Americas FX Daily
Spanish voting revives the euro again What happened overnight – Spanish PM Rajoy’s party performs well in regional elections – Japan’s trade data show further deterioration – Canada’s government rejects Malaysian bid for energy assets
FX Market Analysis
EUR: Euro-dollar ground higher in a light Asian session and recovered to $1.3050, some say the move was attributed to a positive result by Spain’s ruling popular party in the weekend’s elections in Galicia, others, the $1bln option strike at $1.3050 for today’s NY cut.
FX G10/EM Morning Trader Views
EUR – Profit taking at the back end of last week saw us dip 120 pip to that 1.3000/20 zone and despite trading heavy on the close in ny friday the bids remained then and on the open in asia
European FX Daily
Asian equities down slightly, FX sideways in thin trading – Japan’s trade data disappoint again – Data heavy week ahead
CFTC: EUR buying resumed; The other currency futures were sold
Hedge funds and other large traders made only small adjustments to their IMM currency futures positions during the week ending October 16.
FX Daily Strategist: US
– EURUSD consolidation due; EU Summit unlikely to be negative catalyst The tones out of the two-day EU Summit, which started on Thursday, have so far been modestly positive.
FX Market Analysis
EUR: Opened early Europe at $1.3068, Dollar demand into the Tokyo fix weighed on the pair in Asian trade, the rate slipped to $1.3058 and a re-test of yesterday’s spike low.
G10/EM Morning Trader Views
EUR – So 1.3130/40 resistance remains intact despite another attempt yesterday in ldn to breach. An o/n NY wobble on some early reported goggle results enough to clean some weak long positioning below 1.3075 but still not much follow through with 1.3055 the low.
FX Market Analysis
EUR: Opened early Europe at $1.3105, Euro-dollar had a slow grind throughout Asia and slipped on cross sales ahead of the Tokyo fix to $1.3105, rate extended losses on hot money supply and flushed light stops through $1.3100 to print lows of $1.3088.