Tag Archives: JPY
CFTC: AUD longs cut as commodities suffer. EUR bought
Hedge funds trimmed their dollar position versus eight IMM currency futures by one billion during the week ending April 16.
The Week Ahead in FX
The EUR/JPY and USD/JPY rose on Friday after finance ministers from the Group of 20 nations indicated that they support Japan’s efforts to spur growth through aggressive monetary easing policies.
Central banks turn softer on fragile global recovery
Market Movers ahead – Fed is expected to scale down rhetoric as the economy enters a soft patch. – In the US April non-farm payrolls are expected to show only a modest increase.
Daily FX Update
USDJPY MAKES ANOTHER ATTEMPT AT 100 – USD is broadly weaker as market starts to price in small risk of further stimulus & the G20 does not object to Japanese policies.
Mid-Day FX Market Analysis
EUR – Euro-dollar closed in NY Thursday at $1.3050 after rate had seen recovery highs of $1.3096, repulsed ahead of $1.3100,
FX G10/EM Morning Trader Views
EUR – Choppy is the best way to describe eur price action recently and yesterday no different. Support from corps and longer term names at 1.30/1.3030 provided support offers from spec and
FX Daily Strategist: US
Strong European auctions fail to boost EUR as remains on rate outlook Thursday’s auctions by Spain and France indicate that eurozone bond markets are likely to remain supported going forward.
Market Analysis: US
USD: The Dollar is finding moderate pressure this US morning as prices have consolidated within a tight trading range after the extreme volatility of the past two sessions.
Mid-Day FX Market Analysis
EUR – Euro-dollar closed in NY Wednesday at $1.3030 after it had been driven lower on reaction to ECB official comments suggesting a rate cut could be
FX G10/EM Morning Trader Views
EUR – Full reverse off the 1.32 resistance lvl yesterday. With many of the shorts all taken off the day before not much to stand in the way of it coming lower,
FX Daily Strategist: Europe
Despite a dovish ECB, EURUSD attractive under 1.30 The EUR has been the currency under pressure after comments from the Bundesbank President Jens Weidmann who said that the ECB may cut rates if additional information warrants such a move.
Market Analysis: US
USD: The Dollar is finding moderate strength this morning, but still has a long way to go in order to fully recover from yesterday’s sharp downdraft.