Tag Archives: NOK
FX G10/EM Morning Trader Views
EUR – Disappointing fail yesterday to break and close above that 1.3480 – a print at 1.3520 unwound by a headline in Bild regarding ecb concerns over recent strength.
FX G10/EM Morning Trader Views
EUR – Squeezed mkt out yesterday of weak shorts taking out the 1.3430/50 area but stopping short of breaking 1.3480. Selling dominated above 1.3450 from lev and RM a/cs.
FX G10/EM Morning Trader Views
EUR – Range bound for much of yesterday and o/n in Asia – We managed to stay below that 1.3430 zone yesterday despite comments from Weidman suggesting that eur strength isn’t an issue.
FX G10/EM Morning Trader Views
EUR – So early Asia flush out below that 1.3350 lvl that held Friday but we snap back quick. Looking at this 1.3330 as the support again on the day.
SEK enters the Riksbank equation
Financial markets have rapidly bought the euro as investors substantially increase exposure to undervalued European assets following sharp falls in risk premiums.
FX G10/EM Morning Trader Views
EUR – Surprisingly one way traffic since that Friday high above 1.37 – Mkt that’s long and political issues in Spain/Italy leading to an unwind of positioning to an Asia low of 1.3462.
FX G10/EM Morning Trader Views
EUR – Friday was a day of big moves in eur and eur x’s and that move off the lows at 1.3585 to test above 1.37 was no exception.
FX G10/EM Morning Trader Views
EUR – EURUSD and EURxxx still bid to high heaven at the moment, decent two way over yesterdays month end fix but 1.3540 support held firm and we rallied into the New York close taking out stops through 1.3580 and 1.3600.
Americas FX Daily
Euro rally pauses What happened overnight – SNB reserves data show no significant reallocation
Further upside pressure in EUR/USD after repayments
On 30 January 2013, 3y loans worth EUR 137.159bn will be repaid to the ECB, reducing initial tender volume from EUR 489bn to EUR 352bn.
FX G10/EM Morning Trader Views
EUR – Another rangey Asia on a 1.34 handle. Although eur x’s lose a bit of their recent steam especially against aud,nzd and cad. Lvl to watch still 1.3400/10 for me on the downside
FX G10/EM Morning Trader Views
EUR – After Fridays break of that key resistance at 1.3400/10 Friday on the LDN open, rather quiet and rangey o/n in Asia stuck 1.3440/70