Tag Archives: GBP
FX G10 and EM Morning Trader Views
G10 EUR – Weak PMI’s, especially Germany, disappointed the market yesterday and built on the general increased bearish sentiment on Europe and European yields of the last 3 trading sessions –
GBP Analysis
Opened early Europe at $1.5528, stg0.7808, GBP closed in NY at $1.5510, off late recovery highs of $1.5532 after rate had seen lows on the day of $1.5486.
FX G10 and EM Morning Trader Views
G10 EUR – Consolidation the order of the day yesterday after heavy selling from 1.2270 down on Friday – we made a new low at 1.2067 but took a breather on aggressing further –
GBP Analysis
Opened early Europe at $1.5576, stg0.7778, GBP closed in NY at $1.5615, just off session lows of $1.5613. Rate marked session highs into early Asia at $1.5626, as EUR/GBP was marked through Friday’s lows of stg0.7772 to stg0.7756 on early general euro pressure.
FX G10 and EM Morning Trader Views
G10 EUR – The selling continues after the end of last weeks Spanish yield inspired Friday blow out, London walks in with EURUSD lower on the Sydney open and taking out 1.21 barriers as I type.
GBP Analysis
Opened early Europe at $1.5707, stg0.7805, GBP closed in NY at $1.5722 after being driven to extended highs of $1.5735 on a EUR/GBP sell off, the cross breaking below stg0.7800 to mark fresh 44-mth lows at stg0.7792.
GBP Analysis
Opened early Europe at $1.5652, stg0.7849, GBP closed in NY at $1.5648 after rate had recovered through the NY session from lows of $1.5582 to $1.5659.
FX G10/EM Morning Trader Views
G10 EUR – Recent range continues 1.22-1.23 while eur x’s, especially against aud and nzd, continue to trade lower – While 1.2150/60 remains key support downside and we keep bouncing from around 1.22
FX G10 and EM Morning Trader Views
G10 EUR – Painful day as we close in ny where we opened in ldn yesterday – Dips below 1.22 still remain wanted currently so after 3 goes and 3 nasty bounces it suggests to me we have put in a decent base for now
GBP Analysis
Opened early Europe at $1.5662, stg0.7848, GBP closed in NY at $1.5632 after rate bounced from a low of $1.5518 to $1.5655, the move up boosted by the release of weak US retail sales with market aware that the Fed’s future policy is data dependent.
GBP Analysis
Opened early Europe at $1.5568, stg0.7860, GBP closed in NY at $1.5573, after tracking EUR/USD NY rally, extending its recovery off session lows of $1.5414 (Europe-Thursday low of $1.5393).
GBP Analysis
Opened early Europe at $1.5435, stg0.7908, GBP closed in NY at $1.5432 after seeing lows in this session of $1.5393, holding above tech support at $1.5390 (76.4% $1.5269-1.5778).