Tag Archives: JPY
Mid-Day FX Market Analysis
EUR – Closed in NY Friday at $1.2989 after rate had traded with a positive speculative tone through Europe and NY on anticipation that the weekend would bring a deal for Cyprus.
FX G10/EM Morning Trader Views
EURUSD – A relief rally o/n in asia as the headlines said ‘deal agreed’, although still a lot to be done. I not a massive believer in the upmove and feel the spike o/n has cleaned the decks of those who faded the spike to 1.30 friday and left tight stops.
CFTC: Cyprus news trigger EUR selling, JPY buying
The main news from last week was undoubtedly the news from Cyprus and it triggered a major round of position adjustments in the speculative positions held by money managers in IMM currency futures.
The Week Ahead in FX
The euro gained ground against the dollar as political leaders in Cyprus prepared to pass legislation to restructure the country’s banking sector and impose capital controls.
Research Asia: Spring still visible in the smog
In Asia growth is still expected to improve in the coming quarters driven by a moderate recovery in China and a strong rebound in Japan.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.2900 after rate had moved backwards and forwards through $1.2900 a few times during the session,
FX G10/EM Morning Trader Views
EURUSD – Cyprus still rumbling on, and not for the better, throw in weak German and French PMI’s and eurusd seems to be defying gravity by hanging around this 1.2880/1.2900 region.
FX Daily Strategist: US
– GBP may squeeze higher, but bounce to 1.53-1.54 should be contained Sterling has been supported by a rebound in retails sales in Feb with the headline reading jumping 2.1% m/m vs. market expectations of +0.4.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.2934 after rate recovered through the NY session to a high of $1.2979 before drifting off into the close.
FX G10/EM Morning Trader Views
EURUSD – Nasty squeeze yesterday as mkt makers and spec guys reduced their positioning in anticipation of a deal/resolution in Cyprus.
Mid-Day FX Market Analysis
EUR – Closed in NY at $1.2873 after rate had been shoved to lows of $1.2844 following the Cypriot Parliament rejection of the Troika bank deposit levy,
FX G10/EM Morning Trader Views
EURUSD – So corporate buying strong again yesterday but the demand all filled as mkt got increasingly concerned on how things would play out in Cyprus