Tag Archives: NZD
FX G10/EM Morning Trader Views
EUR – extended through that cluster of moving avg at 1.3070/90 (50/100/200) yest but couldn’t sustain the break lower as we walked into a bout of profit taking across the board
G10 and EM Regime Machine
• Trendiness continues to fall in FX markets, with little sign of last week’s FOMC-inspired dollar move reflected in aggregate momentum.
FX G10/EM Morning Trader Views
EUR – After last weeks sell off post fed we walk in on the lows with key support here at 1.3080 in short term
CFTC: Dollar long halved just before FOMC triggered new buying
Hedge funds almost halved their bullish bets on a rising dollar as of Tuesday June 18 indicating that many bet on the wrong horse just the day before the
Healthy Adjustments
Ructions in financial markets are normally a sign of trouble and so tend to have dovish implications for interest rates.
The Week Ahead in FX
In the week ahead, markets will be closely watching US data on durable goods orders, jobless claims and consumer confidence for signs that the economic recovery is on track.
FX Sentiment Report
Leading into the Fed decision, traders were nervous and exposures shifted aggressively from EM and carry trades into the most liquid European currencies of EUR, GBP and
FX G10/EM Morning Trader Views
EUR – Eur , helped by eur x selling, caught up yesterday with the broader usd move posting a low at 1.3161
A Bumpy, But Creditable, Follow On
We can argue, till the cows come home, the many negatives and positives in today’s bumpy Q1 GDP result.
New Zealand Gross Domestic Product: QI 2013 growth disappoints
• GDP increased 0.3% in the March quarter, below our and market expectations
FX G10/EM Morning Trader Views
EUR – Definitely didn’t move as expected yesterday as eur defied general bullish USD in g10 and eur x’s rallied hard to topside led by eurjpy/eurgbp.
The Global Macro Pulse
Overnight Price Action The 0.8% rise in the S&P overnight has helped the Nikkei to rally 1.3%,