Tag Archives: JPY
CFTC: AUD buying continues and GBP net-short hits 23-month high
Money managers were net sellers of dollars for the first time in nine weeks during the week ending March 26, primarily due to continued strong buying of AUD,
The Week Ahead in FX
The USD was steady against the other major currencies in quiet trade on Friday with many markets closed for the Easter holidays, as better-than-forecast US data supported the dollar.
Mid-Day FX Market Analysis
EUR – Closed in NY Wednesday at $1.2780 after recovering off a low of $1.2750 to $1.2790, with corrective pullbacks ahead of the close contained by $1.2765.
Mid-Day FX Market Analysis
EUR – Closed in NY Tuesday at $1.2860 after rate had experienced a violent swing from lows of $1.2828 to $1.2890, eased to $1.2842 before recovering into the close.
FX G10/EM Morning Trader Views
EURUSD – Choppy would be an understatement but the trend remains to the downside. Long term and corporate buying slows the move and i expect this to continue but bias is still for lower.
EURUSD mulls new lows
EURUSD traded at new four-month lows this morning, even as an official statement tries to take back Dijsselbloem’s ill-advised comments on Cyprus from Monday.
FX Daily Strategist: Europe
– The theme of a “more-nuanced” USD decline starts to work We initiated a new approach to the USD in last week’s FX Quarterly publication, arguing that the USD is likely to remain strong against low
Asia FX View Summary
China (CNY, CNH) Macro: The economy is recovering and we expect 8.1% growth in 2013 compared to 7.7% in 2012.
FX Daily Strategist: US
– EUR rebound muted on mixed comments that ‘Cyprus is a special case’ The EUR remains underpressure on the market’s uneasiness about the implications of the Cypriot deal following Monday’s comments from the Dutch Finance minister and
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.2853 after rate had been pressed to session lows of $1.2830 before it recovered to $1.2880, then drifted off into the close.
FX G10/EM Morning Trader Views
EURUSD – Mkt sold the fact yesterday stopping itself begrudgingly back into the short eurusd trade, helped in no small part by comments from the head of eurogroup finance ministers suggesting the Cyprus bailout could be a template for the rest of Europe.
FX Daily Strategist: Europe
– EUR down but not out as headline risk persists After an initial rally that stopped just short of 1.3050, EURUSD fell sharply to trade around 1.2850.