Tag Archives: JPY
Mid-Day FX Market Analysis
EUR – Closed in NY Thursday at $1.3102 after rate had pulled back following a second rejection from the $1.3138 level,
FX Daily Strategist: US
– Pro-risk status quo remains; BoJ attempts to calm JGB market The market has continued to remain calm and EURUSD well supported despite mixed Italian auction results (3Y strong, 15Y less so),
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.3073 after rate had recovered off pullback lows of $1.3053, having seen extended highs of $1.3122 earlier in the session.
FX Daily Strategist: Europe
– Weaker JPY trend to persist USDJPY is inching closer to the 100 level, while JPY crosses continue to perform strongly (EURJPY at early 2010 highs, AUDJPY close to pre-crisis 2007 peaks).
FX G10/EM Morning Trader Views
EUR – Exactly the same as yesterday but with no FED minutes to look forward to. Volumes are decreasing and ranges contracting.
FX Daily Strategist: US
– Fade the FOMC minutes, sell the USD vs. commodity bloc Tonight’s FOMC minutes release will almost certainly sound hawkish as they had done in January in February, with most of the US data having surprised positively on the month.
Mid-Day FX Market Analysis
EUR – Closed in NY Tuesday at $1.3082 after rate had bounced off pullback lows of $1.3029 to push above $1.3100, marking highs of $1.3103 before drifting off into the close.
FX G10/EM Morning Trader Views
EUR – The price action yesterday was death by a thousand cuts, with low volume and a slow stuttering squeeze. We ran out of steam rather than ran into supply at around 1.3100 and
Mid-Day FX Market Analysis
EUR – Early trade into Asia saw rate contained within a tight $1.3011/19 range before it picked up demand on the back of another round of strong yen sales,
Mid-Day FX Market Analysis
EUR – Was marked down into the Asian open, early Wellington opening around $1.2965 as market reacted to press articles concerning the knock on effect of the Portuguese court decision,
FX G10/EM Morning Trader Views
EUR – German IP at 11:00. After last week’s brutal 3 big-fig rally, the dust should start to settle. Cross yen moves, weak US data and market position have been the drivers but I would expect fresh EUR shorts,
CFTC: JPY positions squared ahead of BoJ – EUR selling continued
Hedge funds increased their gross-long dollar position by 4 percent against eight IMM currency futures during the week ending April 2 according to the latest Commitments of Traders (COT)