Tag Archives: NZD
FX G10/EM Morning Trader Views
EUR – Traded poorly in the afternoon yesterday after that squeeze 1.2925-1.2983 and with no bounce in asia/late ny above 1.2950 we aggress the stops below to 1.2887 low this morning.
Dollar Bloc Weekly
Markets have shown little inclination to trend for some time. For instance, 10Y yields have been in a trading range since May. The US election outcome could be the catalyst for a breakout in a number of markets.
European FX Daily
– USDAsia nudged lower, equities mixed – ADP suggests upside risk to nonfarm payrolls – We recommend long TRYILS with a target at 2.30 and stop loss at 2.12
FX G10/EM Morning Trader Views
EUR – Trading the range extremes well this week. Failure at 1.2880 Monday saw 2 days of decent short covering and corp demand which pushed us to that key 1.3020/30 resistance topside.
FX G10/EM Morning Trader Views
EUR – Quiet o/n as we continue to work a few of the weak shorts out of system after the continued fail to break below 1.2880. Saw strong demand from corp, model and ctas yesterday but fresh selling against the top of this 1.2880/1.300 range capped us.
European FX Daily
– Australian building approvals strengthen – Singapore’s unemployment rate fell to a 7-quarter low in Q3 – Chicago PMI and Swiss reserve accumulation in focus – We recommend short-dated USDJPY downside RKI seagulls
FX Daily Strategist: US
– BoJ just meets consensus – USDJPY at risk of fall The BoJ expanded its asset purchases by JPY 11trn (to JPY 91trn), pretty much meeting expectations ahead of the event, with the split as expected as well (5trn JGBs, 5trn bills, 1trn CP, corporate bonds, ETFs and REITs).
Dbdaily: European Edition
HEADLINES… – Markets: US markets closed as Hurricane Sandy heads towards NY, markets to remain closed Tuesday. US stock futures re-open weaker, Moody’s puts long-term ratings of 6 Canadian banks on review for downgrade.
CFTC: Heavy JPY selling and small CAD to AUD reshuffle seen
Speculators sold JPY by the biggest amount in 18 months during the week ending October 23, according to the latest data from the CFTC.
European FX Daily
– RBNZ unchanged and less dovish than expected – Singapore industrial production disappointed badly in September – UK GDP likely up 0.5% in Q3 – We expect strong data from the US
European FX Daily
– HSBC flash China PMI rose to three month high – Thai exports stronger than expected, trade balance back in surplus – Euro area flash PMIs are the key data for the day – FOMC unlikely to deliver fireworks
CFTC: EUR buying resumed; The other currency futures were sold
Hedge funds and other large traders made only small adjustments to their IMM currency futures positions during the week ending October 16.