Tag Archives: GBP
FX Market Analysis
EUR: Opened early Europe at $1.2860, Euro-dollar closed in NY at $1.2879 after rate extended its corrective pullback (off Friday’s post NFP highs of $1.3072) through the NY session to a low of $1.2859.
FX Market Analysis
EUR: Opened early Europe at $1.2983, Euro-dollar opened in Asia at $1.2969 after the rate had seen corrective pullback lows in European trade Monday at $1.2938, following its correction off post US NFP highs of $1.3072 Friday.
European FX Daily
– Equities, AUD, and NZD rally – No major surprises from the Eurogroup – Canadian housing starts likely to weaken
FX Market Analysis
EUR: Opened early Europe at $1.2987, Euro-dollar closed in NY Friday at $1.3045 after rate had retreated from an initial react high of $1.3072 from release of US employment data, to a pullback low of $1.3015.
FX G10/EM Morning Trader Views
EUR (1.2979) – we open this morning on the first support level of the day, this 1.2965/75 region was the ‘break-up’ level on Wednesday having failed to clear this a number of times prior.
European FX Daily
– Risk appetite opens the week soft with the USD rallying – Australia’s job ads contract again – HSBC China non-manufacturing PMI rose in September – Eurogroup meeting today unlikely to yield a Spanish bailout
FX Market Analysis
EUR: Opened early Europe at $1.3015, Euro-dollar closed in NY at $1.3020 after settling back from seeing extended highs of $1.3032, before pulling back to $1.3008 ahead of the close.
FX Market Analysis
EUR: Opened in early Europe at $1.2923, recovery attempts around the NY close continued into Asia, extending to $1.2924 before getting knocked back to $1.2910, but the dip quickly attracted fresh demand that saw rate edging toward resistance in the $1.2930/40 area.
FX G10/EM Morning Trader Views
EUR – Another day of chopping/consolidation stuck 30 pips either side of 1.29 – My view remains unchanged with a bias to the topside – I remain long looking for an eventual break of 1.2970/1.30 to confirm the recent selling pressure is over and we again target a deeper squeeze.
European FX Daily
– We expect the ECB and BoE to keep policies unchanged today – Watch FOMC minutes for any guidance of easing criteria – Revised our USDINR three- and 12-month forecasts lower to 50.5 and 50.0
FX Market Analysis
EUR: Opened early Europe at $1.2902, Euro-dollar closed in NY at $1.2917 after correcting off a session high of $1.2968 as market reacted to comments from Spain’s Rajoy that a request for aid was not imminent.
European FX Daily
– China’s non manufacturing PMI fell – Australia posted a bigger than expected trade deficit in August – We expect the Polish central bank to be on hold, against consensus for a cut