Tag Archives: JPY
Mid-Day FX Market Analysis
USD: The Dollar has once again come into a morning trading session under moderate pressure,
FX G10/EM Morning Trader Views
EUR – Similar story to yesterday in that the lvls 1.3030-1.3150 remain key in the short term.
Mid-Day FX Market Analysis
USD: The Dollar is finding moderate pressure this morning, but is still holding onto a sizable portion of yesterday’s mid-day rally.
Join the USD bulls but patience required
Some six years after the global financial crisis began, when the US housing bubble burst, global central banks are still easing monetary policy.
FX G10/EM Morning Trader Views
EUR – Quiet week for data and eur relatively quiet in Asia – After Fridays post payroll sell off and nasty retrace we seem to have defined a few levels for this week.
US Morning Update
– With Tokyo shut, Asia had a very quiet session. RBA comments had little impact on the Aud, but weaker than expected Chinese PMI figures put some pressure on this currency later on.
US Market Preview
USD: The Dollar was able to shake off overnight pressure and post a modest gain this morning, although trading has been fairly subdued after last week’s significant volatility.
Mid-Day FX Market Analysis
EUR – Opened heavy in thin European trade and made a show under $1.3100, flushing stops to print a low of $1.3093.
G10 FX financial scorecard
– This week the scorecard recommends buying JPY, GBP, USD and selling AUD, SEK, NZD.
CFTC: JPY net-short reduced again ahead of resistance
Hedge Funds only made some small adjustments to their IMM currency futures positions during the week ending April 30.
The Week Ahead in FX
In the week ahead, investors will be watching interest rate decisions by the Reserve Bank of Australia and the Bank of England.
FX SENTIMENT REPORT
– There were very few changes this week as the market was likely hesitant to make significant positioning shifts leading into the FOMC, ECB and nonfarm payrolls.