Tag Archives: NZD
FX Daily Strategist: US
– Political uncertainty keeps EUR heavy despite better Italian auction Post-Italian election uncertainty has seen EUR trade heavily, with EURUSD unable to recover beyond 1.3120 (yesterday’s cap) despite a better Italian bond auction.
FX G10/EM Morning Trader Views
EUR – Eur did a lot of work yesterday on a 1.30 handle, but after the early LDN dip never really looked like it would revisit the early morning lows at 1.3018.
FX G10/EM Morning Trader Views
EUR – So full disappointment in the Italian elections for mkts leads to general cutting of major risk positions in eur and eur x’s – with eurjpy leading the charge (down 5%)
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.
CFTC: Widespread dollar buying – MXN now the most preferred
Money managers and other speculative traders were net buyers of the dollar against all eight IMM currency futures, apart from NZD, during the week ending February 19.
FX G10/EM Morning Trader Views
EUR – So right not to stand in the way of the break at 1.3230 yesterday as we saw widespread capitulation in the mkt below that lvl on the slightly disappointing PMI’s.
FX G10/EM Morning Trader Views
EUR – Eurusd caught upto the general USD uptick in spectacular fashion trading 1.3390-1.3235 from 3pm yesterday into asia this morning.
FX Daily Strategist: Europe
– Fade the FOMC minutes (over)reaction The USD has emerged a clear winner overnight – the DXY index closed above its 200-day MA resistance .
FX Daily Strategist: US
– NZD dip provides buying opportunity; FOMC minutes in focus The past 24 hours have seen idiosyncratic moves in JPY, GBP and NZD. JPY is modestly stronger following comments from PM Abe suggesting less need to set up a fund to buy foreign bonds.
FX G10/EM Morning Trader Views
EUR – Signs of life again for eurusd as we hold very well at base of the range at 1.3300/20 and eventually stop fighting the positivity of European and
FX G10/EM Morning Trader Views
EUR – Quiet and rangey yesterday with it being a US holiday and o/n we have stuck to similar ranges 1.3330-70.
CFTC: The dollar the winner following a busy week
Money managers were busy adjusting positions during the week ending 12 February according to data provided by the US CFTC.