Tag Archives: NOK/SEK
FX G10/EM Morning Trader Views
EUR – Draghi time has arrived and with little fanfare it must be said, ADP data yesterday set the tone with the greenback rallying across the board with the headline pair trading 1.2965 in NYC and there is little bounce overnight.
Technical Alert
The dollar rise gained traction yesterday and especially so vis-a-vis the emerging market bloc. USD/SEK & NOK also showing bullish signs with key day reversals yday.
FX G10/EM Morning Trader Views
EUR – Another quiet session for eur in a 42-71 range in Asia as mkt awaits Draghi tomorrow. Expecting 1.3080/00 to again provide resistance topside, as it did yesterday,
NOK/SEK Analysis
The Swedish krona is the only one of the G10 currencies that have appreciated against the US dollar. It has risen by almost 2%.
Technical Alert
EURUSD may have turned a correctional high or might still have some more upside ground to cover before turning south. The downside confirmation point is located at 1.3010…
FX G10/EM Morning Trader Views
EUR – Quiet Asia session again as we head into the PMI no.s today in europe. We held the dip at 1.2980 yesterday in ldn and ny well with spec and corp buyers,
Technical Alert
EURUSD looks a tad more balanced and this could tilt the near-term setup into a correctional prone market – then with an eye on refs at 1.3043\59, 1.3102 & 1.3163.
FX G10/EM Morning Trader Views
EUR – Its month end day and mkt, myself included, caught short from the failure to break the 1.2990/1.30 area in the last couple of days.
Technical Alert
The € correction coming closer to its end, we think. JPY rebound looks unconvincing so probably soon stronger and especially so vs. the €, EQUITIES rallying but BOND reactions muted.
Technical Alert
EURUSD is consolidating recent losses just above the yearly low and this is primarily not seen as a turn, but merely a pause…
Plenty of potential market movers this week
Just before the end of last year it seemed markets had reverted to a pre-crisis mood involving limited activity and low volatility.
FX G10/EM Morning Trader Views
EUR – After opening in Asia with a squeeze clearing the book of stops topside to 1.3240, assisted in no small part by eurjpy demand, we have settled back down into 1.3190/30 range.