Tag Archives: NZD
FX G10/EM Morning Trader Views
EUR – Painful best way to describe yesterdays moves, with Draghi dovish and a break to marginal new lows at 1.2744 providing what we were looking for before eur fully reversed 200 pips as everyone,
FX Daily Strategist: Europe
– Scope for further commodity bloc gains FX markets continue to trade along our expectations for a mixed tone in the USD, with clear divergences across the G10.
FX G10/EM Morning Trader Views
EUR – As the 200 day capped us nicely on topside at 1.2890, weaker PMI’s were enough to set the tone yesterday for the move lower.
CFTC: AUD buying continues and GBP net-short hits 23-month high
Money managers were net sellers of dollars for the first time in nine weeks during the week ending March 26, primarily due to continued strong buying of AUD,
The Week Ahead in FX
The USD was steady against the other major currencies in quiet trade on Friday with many markets closed for the Easter holidays, as better-than-forecast US data supported the dollar.
FX G10/EM Morning Trader Views
EURUSD – Choppy would be an understatement but the trend remains to the downside. Long term and corporate buying slows the move and i expect this to continue but bias is still for lower.
FX G10/EM Morning Trader Views
EURUSD – Mkt sold the fact yesterday stopping itself begrudgingly back into the short eurusd trade, helped in no small part by comments from the head of eurogroup finance ministers suggesting the Cyprus bailout could be a template for the rest of Europe.
Waiting, Weighting
Foreshortened by the Good Friday holiday, the week ahead nonetheless has a number of useful New Zealand data items in store.
FX Daily Strategist: US
– Italian political developments should not de-rail a EURUSD rally Elsewhere in Eurozone over the week ahead Italian politics will again be in focus. As expected, the Italian President Napolitano has given the task of forming a new government to the leader of the center-left Pierluigi Bersani.
FX G10/EM Morning Trader Views
EURUSD – A relief rally o/n in asia as the headlines said ‘deal agreed’, although still a lot to be done. I not a massive believer in the upmove and feel the spike o/n has cleaned the decks of those who faded the spike to 1.30 friday and left tight stops.
CFTC: Cyprus news trigger EUR selling, JPY buying
The main news from last week was undoubtedly the news from Cyprus and it triggered a major round of position adjustments in the speculative positions held by money managers in IMM currency futures.
The Week Ahead in FX
The euro gained ground against the dollar as political leaders in Cyprus prepared to pass legislation to restructure the country’s banking sector and impose capital controls.