Tag Archives: JPY
BoJ plays down risks of monetary strategy
The BoJ has raised its growth projection by 0.6 percentage point both for FY2013 and FY2014 to 2.9 and 1.4%, respectively. It does not expect to reach the 2% inflation target before FY2015.
FX G10/EM Morning Trader Views
EUR – Choppy best way to describe it – we squeezed yesterday enough to take people out of shorts but again failed at that 1.3090/1.31 region for the full reverse on eurgbp selling from RM and
US Market Preview
USD: The Dollar has been under pressure throughout the overnight session, and at this point has given back all of this week’s early gains.
Mid-Day FX Market Analysis
EUR – Closed in NY Wednesday at $1.3014, having recovered off Ifo react lows of $1.2955 to $1.3034,
US Market Preview
USD: The Dollar was unable to sustain an early move up to 21/2-week highs and is finding moderate pressure coming into this US morning’s trading.
Mid-Day FX Market Analysis
EUR – Early Asian trade was confined to a tight range around $1.3000 before euro-yen sales pressed euro-dollar back to that NY pullback low of $1.2988 before bouncing to $1.3006.
Mid-Day FX Market Analysis
EUR – Euro closed in NY Monday at $1.3066 having recovered off session lows of $1.3015. Early trade in Asia was contained by $1.3055/70 before getting pressed lower on the back of euro-yen sales,
FX G10/EM Morning Trader Views
EUR – Washing around at the lower end of this recent range 1.30/1.3150 – European PMI’s likely to dominate this morning with many suggesting weaker numbers will lead to action from Draghi next week.
Market Analysis: US
USD: The Dollar has rebounded from early pressure and is posting a modest gain to start out the new trading week, as a quiet weekend has done little to change the overall tone of the market.
Mid-Day FX Market Analysis
EUR – The cross closed in NY Friday at $1.3052, after easing off a session high of $1.3130, with rate marked higher into early Wellington on the back of expected euro-yen demand
FX G10/EM Morning Trader Views
EUR – Choppy still in this 1.30/1.3150 zone currently, Friday a prime example of that as we jumped around on headlines between 1.3080-1.3130 only to end the day back at 1.3055,
FX Comment: in Europe we trust
rance is an organized chaos, with lots of Asian tourists walking around, discovering French wines and cheeses in the vicinity of cultural spots…