Tag Archives: JPY
FX G10/EM Morning Trader Views
EUR – The reaction to the weaker US data and the aggressive squeeze to the topside capped perfectly at the lvl at 1.2930 area and
FX Daily Strategist: US
Soft US data to cut into USD gains The USD has been resilient to Wednesday’s soft US data. This suggests that an on-going trend of weakening US data is required to trigger investors to take profit on their long USD positions.
Mid-Day FX Market Analysis
USD: The Dollar is finding modest early support this morning, but is still lacking enough strength to move above yesterday’s high for move.
FX G10/EM Morning Trader Views
EUR – Well eur finally came lower yesterday, playing catch-up to the broader usd strength theme.
Japan: konnichiwa growth
In Q1 the Japanese economy grew by an annualised 3.5% q/q, a positive surprise relative to market expectation of 2.7% and the fastest pace in a year.
FX Daily
Key news – Japanese Q1 GDP beat expectations. – Positive risk sentiment continued yesterday but Asian session has been mixed.
Mid-Day FX Market Analysis
USD: The Dollar remains well supported and continues to drive further into new high ground going into this morning’s trading.
Macro View: Soft, but Signs of Stabilization
The economic data flow over the past week did little to clarify the near-term pulse of global growth,
Mid-Day FX Market Analysis
USD: The Dollar has been able to shake off negative pressure this morning, and has put together a sizable rebound from last night’s lows.
FX G10/EM Morning Trader Views
EUR – Frustration again yesterday for eur bears with a retest below 1.2950 met with corp and longer term demand.
US Morning Update
Major overnight headlines: • Italy sold 2.25% 2016 bonds at a yield of 1.92% versus roughly 2.30% at the last auction on April 11th