Tag Archives: JPY
US Market Preview
USD: The Dollar is finding moderate pressure this morning but has held onto a sizable portion of yesterday’s sharp recovery rally in front of today’s trading session.
Foreign Exchange Outlook
The USD has entered a period of retracement, weakening against most currencies in April (except the JPY),
Mid-Day FX Market Analysis
EUR – Closed in NY Thursday at $1.3059 after rate had seen a whippy reaction to the ECB 25bp refi rate cut,
FX G10/EM Morning Trader Views
EUR – After yesterdays choppy trading the take away is that they did discuss negative rates and would use if necessary and deal with the consequences
US Market Preview
USD: The Dollar appears to have found some footing after six straight losing sessions, but still has a long way to go in order to fully recover from this current downdraft.
Mid-Day FX Market Analysis
EUR – Closed Wednesday’s NY session at $1.3183 having bounced off initial FOMC react lows of $1.3169 to $1.3224 before drifting off into the close.
FX G10/EM Morning Trader Views
EUR – The day we have all been waiting for has arrived ‘ECB’ – all our stops taken out or disappeared from book as they went to mkt after the extension above 1.32 to 1.3243 new high.
US Market Preview
USD: The Dollar is finding moderate pressure this morning and has already reached a fresh 2-month low.
Mid-Day FX Market Analysis
EUR – Closed in NY Tuesday at $1.3165 after the euro took advantage of a data weakened dollar, as well as pre FOMC positioning, to push to session highs of $1.3186,
FX G10/EM Morning Trader Views
EUR – As much as the mkt is trying to maintain a short into the ECB tomorrow, month end eur demand, fears over weaker US data,
Is the Bank of Japan firing blanks?
The Bank of Japan (BoJ) under new Governor Kuroda is broadly following the same policy of his predecessor, ie, buying Japanese government bonds (JGBs).
US Market Preview
USD: The Dollar has been able to shake off overnight pressure and post modest gains this US morning, although upside momentum has been limited at