Tag Archives: JPY
Mid-Day FX Market Analysis
USD: The Dollar could not sustain an overnight rebound, and has now fallen to a fresh 4-week low coming into this morning’s session.
FX Daily Strategist: Europe
ECB inaction to support EUR The EUR has been moving sideways since the start of the week but today‟s ECB announcement should inject a dose of volatility, at least in the immediate term.
Macro Weekly: Raising our 2014 forecasts
Big Picture: We have raised our 2014 GDP growth forecasts for the eurozone (from 1.0% to 1.3%) and for the US (from 3.0% to 3.2%).
Mid-Day FX Market Analysis
USD: The Dollar was able to shake off overnight pressure and return to unchanged levels this morning,
FX G10/EM Morning Trader Views
EUR – Still in this 1.3030-1.3110 range – yesterday good lev/spec selling into 90/00 met with similar buying at 1.3040-50 below from corp/rm.
Mid-Day FX Market Analysis
USD: The Dollar has been able to extend Monday’s bounce from 31/2-week lows with some moderate gains this morning,
FX G10/EM Morning Trader Views
EUR – Whippy mkt yesterday with Spec names early sellers despite stronger European PMI’s taking us down to that 1.2950 support
Mid-Day FX Market Analysis
USD: The Dollar is finding moderate pressure at the start of the new trading week, although it survived an early retest of last Thursday’s downside breakout lows.
FX G10/EM Morning Trader Views
EUR – so month end doesn’t conform to expectations/or models by selling off into and rallying into the close to stand at 1.3020 as we open in ldn this morning.
FX Daily Strategist: Europe
A critical data week for the US dollar The US dollar faces key data this week, beginning with Monday’s ISM manufacturing PMI and culminating with the May employment report on Friday.
FX Morning Rundown
Asian bourses were mixed overnight with the Nikkei leading losses (unofficially closes down 3.72% at 13,261.82)
CFTC: JPY short at 2007 high – dollar long rise for a fourth week
Hedge Funds continued to accumulate dollars during the week ending May 28 according to the latest data from the Commodity Futures Trading Commission.