Tag Archives: NZD
European FX Daily
– South African GDP to slow, but by less than consensus expects – Hungarian central bank to cut 25bps – US durable goods orders to fall – Spain to sell 77, 168 days bills and Italy to sell 2019, 2026 bonds today
FX G10 and EM Morning Trader Views
EUR – A positive end to last week in EURUSD and EURxxx, EURJPY closing above its weekly cloud the stand out, already seeing some early corp demand for EURUSD on the open as Asia shrugged off the anticipated news of a pro-referendum majority in Catalonia and now eyes turn to whether Greece will be granted […]
European FX Daily
– Korean government studies measures to stem KRW volatility – China’s HSBC flash manufacturing PMI rose to 13-month high – Spain to sell 2015, 2017, and 2021 bonds – US equity and bond markets closed for Thanksgiving
FX G10/EM Morning Trader Views
EUR – Eur remains in this 1.2650-1.2830 range – taken to the brink on the topside yesterday trading to 1.28295 but despite cleaning a few stops out we fail
European FX Daily
– Eurogroup failed to reach an agreement on Greece, yet again – Japan’s October trade deficit weaker than expected – US data likely to surprise weak today
FX G10/EM Morning Trader Views
EUR – focus now switches to ‘core Europe’ following the French downgrade by Moody’s. French yields slightly higher on the open, not a huge move though with this largely reflected in spot having squeezed higher post the initial headline dip.
CFTC: Risk adversity supports USD; JPY bought just before drop
Money managers, speculating in IMM currency futures, bought dollars again during the week ending November 13 according to the latest data from the CFTC.
Asia Today: Mildly risk positive after Friday’s firmer NY close
It was a quite orderly start to the week as trading got underway in Asia. The positive end on Wall Street saw a mild risk bid emerge throughout the morning, but not aggressively so.
FX G10/EM Morning Trader Views
EUR – Eur x’s supported eurusd yesterday and we saw some general short covering from lev and spec a/cs helping us to trade 1.2778 high. That 1.2770/80 was the lvl we were looking for and so square again now.
Asia Today: JPY still under pressure as Japan focuses on election
Asian currency markets saw a slow extension of the themes that emerged overnight – currencies posting mild gains against the US dollar while JPY crosses remained supported.
FX Daily Strategist: US
– GBPUSD weakness unlikely to be sustained beyond US data and FOMC minutes Wednesday’s European session has been dominated by UK data flow with a more dovish that expected UK Inflation Report and slightly soft employment data.
FX Daily Strategist: Europe
– Japanese politics pushes USDJPY higher…..an opportunity to sell Japanese news agency Kyodo reports that Prime Minister Yoshihiko Noda has stated that he wants to call an election for parliament’s lower house on December 16.