Tag Archives: GBP
FX Market Analysis
EUR: Opened early Europe at $1.2900, Euro-dollar closed in NY at $1.2886 after rate had seen extended highs of $1.29395, off earlier Asian lows of $1.2804, with rate edging off initial pullback lows of $1.2877 into the close.
FX G10 and EM Morning Trader Views
EUR – Stable o/n holding 1.2875/80 (yesterdays dip lows) supporting by some decent demand from custodials and euraud buying from spec and lev
FX Market Analysis
EUR: Opened early Europe at $1.2822, Euro-dollar closed in NY Friday at $1.2860 after rate had been pressed down from $1.2940 to $1.2838 on end month fix flows. Slow start into Asia with China, HK, Korea and Australia closed.
FX G10 and EM Morning Trader Views
G10 EUR – Eur rallies continue to be sold and Friday was no different – we topped at 1.2960 after a woefully weak attempt at breaking that 1.2970 lvl that defines this recent downtrend –
European FX Daily
China PMI weaker than expected in September, but still up from August – Another disappointing Tankan – Focus on European and US PMI today
FX Market Analysis
EUR: Opened early Europe at $1.2933, Euro-dollar closed in NY at $1.2915 after rate had bounced from initial Spain Budget react lows of $1.2829 to $1.2928 as market perceived that the austerity measures announced would leave open the door to Spain asking for bond buy aid from the ECB without further austerity requirements.
FX Market Analysis
EUR: Opened early Europe at $1.2880, Euro-dollar closed in NY at $1.2873 after recovering through the session from a low of $1.2835 into a late high of $1.2875.
European FX Daily
– Risk rallies in Asia – China’s industrial profits fall – US durable goods orders likely weak at headline, strong at core
FX G10 and EM Morning Trader Views
G10 EUR (1.2889) – Super Friday looms tomorrow, but before Spain grabs the limelight we still have 24 hours to navigate through choppy waters.
FX Market Analysis
EUR: Opened early Europe at $1.2937, Euro-dollar closed in NY at $1.2905 after rate had pulled back from session highs at $1.2971 to $1.2897 as it tracked the negative reversal on Wall St, as well as reaction to anti-austerity protests in Spain.
FX G10 and EM Morning Trader Views
G10 EUR (1.2869) – seemed to be no shortage of negatives emanating out of Europe yesterday, the surprise really was in the timing of the mkt response with EUR again trading in the direction of pain.
FX Market Analysis
EUR: Opened early Europe at $1.2937, Euro-dollar closed in NY at $1.2932, just off recovery highs of $1.2937 after rate had seen lows in this session of $1.2891.