Tag Archives: JPY
Economic developments adding to Riksbank headache
So far this year, SEK has been the one of the strongest performing G10 currencies. According to our own flow data and SEK Views survey mainly foreign investors have bought the SEK,
Mid-Day FX Market Analysis
EUR – Closed in NY Monday at $1.3100 after pivoting around this level within a $1.3077- 1.3117 range.
FX G10/EM Morning Trader Views
EUR – Stays supported above 1.3070 in Asia although still struggling to gain much traction on spikes above 1.3110 for the time being – Month end today before European holiday and
US Market Preview
USD: The Dollar is finding significant pressure to start out the new trading week, and is likely to remain squarely on the defensive throughout today’s trading session.
Mid-Day FX Market Analysis
EUR – Closed in NY Friday at $1.3030 after rate had recovered off intraday lows of $1.2991, the dollar under pressure following the release of softer than forecast US Q1 GDP data.
CFTC: AUD longs and JPY shorts scaled back
Hedge funds were small net buyers of dollars during the week ending April 23 as selling of AUD and EUR more than offset buying of JPY and CHF.
The Week Ahead in FX
In the week ahead, investors will be awaiting the outcomes of policy meetings by the Federal Reserve and the ECB, as well as Friday’s closely watched report on US nonfarm payrolls.
FX SENTIMENT REPORT
– Traders continue to hold a net long USD position of $16.6bn, with short positions in CAD, JPY, EUR and GBP and long positions in AUD, NZD, MXN and CHF.
The Week Ahead
– Two-day meeting concludes on Wednesday but the meeting is intermediary and will not be followed by press conference or new updated forecasts
FX Daily Strategist: US
Markets likely to look past Q1 US GDP rebound There is little sense of panic following the Bank of Japan outlook report where the median CPI forecast for FY15 (end March 2016) was +1.9%, perhaps a touch below some had expected.
US Market Preview
USD: The Dollar is finding mild pressure this morning, but has been able to hold onto a large portion of yesterday’s sizable recovery from weekly lows.
Mid-Day FX Market Analysis
EUR – Closed in NY Thursday at $1.3011, the rate having been pressured off intraday highs of $1.3094 on reported macro flow,