Tag Archives: NOK/SEK
Technical Alert
USD rejected from new highs but decline seen short lived, the GBP correction getting traction and a stronger pound accross the board is seen near term,
FX Daily Strategist: Europe
– USD off the highs, we recommend selling USDCAD The USD has been in a corrective mode after DXY touched a high of 83.166. As we have been highlighting, market positioning has turned excessively optimistic on the USD,
FX Technical Volume Strategy: NOK/SEK base signs attract investors
– Activity in each of the G10 currencies was above the average of the last 12 months.
FX G10/EM Morning Trader Views
EUR – So another fail at 1.3070/80, a weaker Italian auction and strong US retail sales led us to an unwind of long eur and eur x positions.
Technical Alert
Dollar continuing on its rising path underpinned by continued under performance by emerging markets equties (vs its major peers), a weaker euro, softer commodities,
FX Daily Strategist: US
– FX markets continue to punish the printers The view taken by FX markets has been to punish the printers (JPY, CHF and GBP) but excuse the USD (despite the Fed’s printing press) given improved cyclical data.
FX Daily Strategist: Europe
– CHF vulnerable after US data and ahead of the SNB USD rallied across the board following the stronger than expected 236 k gains in US NFP print, from a downwardly revised 119k gain in the previous month.
Technical Alert
EURUSD is stuck in a 1.2955-1.3135 range. Overall short-term picture remains tilted to the downside so any break back below 1.2980 should be watched… next target for USDJPY is located at 97.55…
FX Daily Strategist: US
– Weaker US retail sales needed to dampen USD rally Markets continue to remain calm, largely ignoring the Fitch downgrade of Italy and unfavourable Chinese data releases (lower activity, higher inflation) over the weekend.
FX G10/EM Morning Trader Views
EUR – A quiet Asia session post Friday’s moves as mkt settles, despite the late attempt at lower as Fitch caught up in downgrading Italy.
FX Daily Strategist: Europe
– CHF vulnerable after US data and ahead of the SNB USD rallied across the board following the stronger than expected 236 k gains in US NFP print, from a downwardly revised 119k gain in the previous month.
Technical Alert
The greenback back on track for higher levels. JPY weakening and maintained the break above 94.77, GBP still overly oversold but still lacking evidence of a reaction.