Tag Archives: NOK/SEK

Global FX Strategy: No more EURUSD upside

EURUSD In the short term, we expect the USD to gain ground.

Extended losses for commodity ccy’s.

EUR/USD: With also a third consecutive day failing above the 1.3803equality point (between the July/Aug & Sep/Oct rise) buyersappears to be running out of steam.

FX G10 Morning Trader Views

EURUSD Topside: 1.3832, 1.3862, 1.3937 Downside: 1.3790/95, 1.3742, 1.3711

Likely a new attempt to put some pressure on the €.

EUR/USD: Also a second attempt above the 1.3803 equality point wasrejected. Friday also ended with a doji candle showing thatwe reached balance between buyers and sellers.

Low for longer’ still applies in Scandinavia

After last week’s rather uneventful Riksbank meeting, we keep our view that the Swedish money market will continue to price the Riksbank ‘low for longer’ and

FX Viewpoint: EUR on a short leash

I never think of the future – it comes soon enough. -Einstein Where is EURUSD headed? What is fair value? – questions piling in my mailbox.

A more profound yen rise?

EUR/USD: ith the close set above 1.3794 no further evidence of apeak was set. The market however responded to the 1.3803resistance by pausing and meandering around it.

FX Daily Strategist: US

Little to stop EURUSD rally ahead of November 7 ECB meeting The Eurozone October flash PMIs came in lower than expected today (composite at 51.5 down from 52.2) though remaining above 50.

FX Daily Strategist: Europe

Constructive on Carry and Commodity Currencies The initial reaction to the rise in China’s money market rates has translated into lower US Treasury yields and weaker equity markets,

Commodities & commodity ccy’s lower. Rix & NB day

EUR/USD: It is unclear whether yesterday’s very marginally (1pip) highmarked the end to the advancing wave from 1.3651 or ifthere’s yet another marginally one left

The dollar is a post-NFP “punching bag” – can it fight back?

EUR/USD: The post-NFP reaction may be somewhat strange with riskon/dollar off so notably on a lesser number. Be that as it may,the pair trades at levels not seen since late 2011 and bullishlyso.

Look for a EUR/SEK low at 8.7355/8.7100 otherwise wait for NFP

EUR/USD: The yearly high of 1.3711 remains a bright shining beaconabove, but right now the market lacks the impetus to pushfor a break. Numbers this afternoon may change this,