Tag Archives: JPY

Mid-Day FX Market Analysis

USD: The Dollar has taken a negative turn over the past few hours and is posting moderate losses coming into this morning’s trading session.

FX G10/EM Morning Trader Views

EUR – USDJPY lead dollar weakness saw the single ccy trade back to the key 1.3300 resistance level in Asia which has so far capped topside momentum on the past few attempts.

Japan: BoJ ignores market call for another fix

• Bank of Japan (BoJ) did not announce any new measures to stem the volatility in financial markets and, by not mentioning the volatility in financial markets in the statement,

Mid-Day FX Market Analysis

USD: The Dollar has started out this week with moderate gains, and continues to extend last Friday’s rebound from 31/2-month lows early in this week’s trading.

CFTC: USD exposure reduced

Hedge funds reduced their net long position in USD during the week ending June 4 according to the latest data from the Commodity Futures Trading Commossion.

FX G10/EM Morning Trader Views

EUR – Calm resumes in Asia today as we hold 1.3180/1.3230 range – Mkt squeezed everyone out on Thursday last week and

The Week Ahead in FX

In the week ahead, investors will be focusing on US data on retail sales and consumer sentiment for indications of the strength of the economic recovery.

Weekly Economic & Financial Commentary

Losing Steam, Even With Larger Payroll Gains · May’s larger-than-expected nonfarm employment gain did little to dispel the notion that economic activity is decelerating in the second quarter.

FX SENTIMENT REPORT

• The USD remains favored against most of the currencies, despite short covering in EUR, JPY and CHF. MXN remains the largest held net long, at $3.3bn, despite a $1.5bn decline w/w.

Mid-Day FX Market Analysis

USD: The Dollar was able to put together a modest rebound from overnight pressure, but is making little headway getting back into positive territory after

FX G10/EM Morning Trader Views

EUR – after the chaos to end the London session yesterday things have settled down somewhat in the single currency as we await NFP.

FX Daily Strategist: Europe

Positioning for payrolls: mission impossible? Market participants are struggling to prepare for Friday’s US May employment report,