Tag Archives: NOK/SEK
USD/SCANDIES we like….a lot. USD/CAD to follow.
EUR/USD: So with the drop below 1.3449 the recent peak at 1.3548was confirmed being the end of the minor upside correctionand accordingly the market continued lower after passingthe support.
FX Daily
Market movers today * We expect ECB to refrain from cutting rates in connection with today’s meeting but instead signal a rate cut in December.
Still a € & $ waiting game. €/SEK & €/NOK upside risk
EUR/USD: Also yesterday the market continued to consolidate,digesting the impulsive decline last week. With a minimumcorrection target, 1.3535,
Markets in waiting game ahead of ECB & NFP
EUR/USD: A second attempt below 1.3450 has been responded to.Perhaps there isn’t much directional fuel to burn ahead ofECB tomorrow and NFP on Fri,
Softer commodities and commodity currencies (AUD, CAD & NOK)
EUR/USD: We got the small bounce we were looking for all right, nowthe stage is set for sellers to reenter ahead of 1.3535. If theydo and they close the market low,
Still upside for NOK/SEK after recent rally
In the past week we have received disappointing trade balance, retail sales data and PMIdata out of Sweden. The data support our view that Q3 GDP data will be weak and
The euro is kept on the back foot
EUR/USD: After two days of losses, buyers have responded at supportnear an earlier ref cluster (1.3472/53), at the high end of theFibo adjusted short-term “Ichimoku cloud” and
The big losers were EUR & SEK on the other side of the scale you find CAD
EUR/USD: The downmove got legs yesterday. The big print left in thewake of the number fueled selling spree hosts mid-body pointresistance around 1.3660,
Continued $ recovery + weakening SEK = buy $/SEK
EUR/USD: Having passed FOMC and the 1.3733 mid body point thedoor has been opened to lower levels. We will next focus atthe Oct 3 peak, 1.3647,
$ recovering ahead of FOMC
EUR/USD: The market has now, with the 1.3733 drop, likely adjustedthe positioning ahead of tonight’s FOMC meeting.Yesterday’s price action,