Tag Archives: JPY

FX G10/EM Morning Trader Views

EUR – So an important week ahead of us for the USD – With the mkt likely to seize on any attempts by the fed to calm mkt uncertainty over tapering

The Week Ahead in FX

In the coming week, markets will be focusing on Wednesday’s Federal Reserve policy meeting,

Weekly Economic & Financial Commentary

Growth on Track Despite Mixed Data • The May retail sales report came in better than expected, with sales rising 0.6 percent. Core retail sales were somewhat softer at 0.3 percent,

FX SENTIMENT REPORT

The net short EUR position collapsed from $8.4bn last week to $1.3bn this week, a level not seen since February and one that suggests a bullish turn in EUR sentiment.

Mid-Day FX Market Analysis

USD: The Dollar was able to put together a moderate rebound this morning, but remains well inside of yesterday’s trading range.

FX G10/EM Morning Trader Views

EUR – Eur x’s held lvls well yesterday and so did eur at 1.3275/80 – Spec selling during the day met with RM demand and

Working through the US soft patch

Outlook for 2014 strengthens • The US economy is working its way through a soft patch due to substantial fiscal tightening.

The Week Ahead

• Australia’s May jobs data showed more resilience than expected with a 1.1k rise, after April’s 45k jobs surge with the unemployment rate easing to 5.5%.

Mid-Day FX Market Analysis

USD: The Dollar has been able to make a moderate rebound from a new low for the move overnight but still have some way to go in order to climb back into positive territory.

FX G10/EM Morning Trader Views

EUR – the USDJPY carnage continues leading to an offered greenback tone across the board. We continue to see RM and

Mid-Day FX Market Analysis

USD: The Dollar was able to grind out a modest rebound from overnight pressure, but still has plenty of work to do in order to recover from sizable weekly and monthly losses.

Short-Run Slowdown, Better Growth Ahead For the current quarter, we estimate economic growth has slowed to 1.5 percent, but will then resume its 2-percent-plus pace that is characteristic of the past three years.