Tag Archives: NZD
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.
FX G10/EM Morning Trader Views
EUR – Quiet day yesterday that ended by squeezing out weak payrol/italy downgrade shorts from Friday below 1.3000.
Foreign Exchange Flows
Dovish CBs Sold Central bank expectations remain the dominant driver in FX markets. Last week the currencies least preferred were the ones where investors do not expect any sign of ‘stimulus’ withdrawal anytime soon.
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.
CFTC: Dollar buying escalates – CAD net-short at six year high
Hedge Funds and other speculative traders continued their accumulation of dollars during the week ending March 5.
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.
FX Market Week Outlook
The dollar rallied to more than three-and-a-half year highs against the yen and its highest level against the euro in three months on Friday after official data showed that the US economy added significantly more jobs than forecast in February.
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.
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,
FX G10/EM Morning Trader Views
EUR – Nasty squeeze back towards 1.3040 in late NY Friday cleaned the decks of a few short/stops topside however we have failed to make any further eur gains in Asia.
CFTC: Dollar buying jumps the most in more than five years
Speculative traders in IMM currency futures were major buyers of dollars during the week ending February 26.
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.