Tag Archives: S&P

Yen selling overdone. USD/SEK topside failures

EURUSD: Following the recheck and validation of the neckline breakthe market continued its descent down to

FX Daily

A very busy week ahead with PMIs/ISM today, mid-term election in the US onTuesday, ECB meeting on Thursday and US non-farm on Friday.

FI Eye-Opener: Anti-establishment sentiment surges in Spain

German bond yields ended the day slightly down on Friday and the curve steepened some (10-year yield down by some half a bp),

FX: it’s not that QE

USD strength since summer can be explained by worsening global growth momentum,

USD/JPY impulsively higher, targeting next 112ish.

EURUSD: The pair yesterday initially fell down to 1.2545 beforerebounding back up to recheck (and validate?)

FX Daily

We now expect euro-area HICP to remain unchanged at this cycle low of 0.3% inOctober.

FI Eye-Opener: And here comes more QE

German bonds rallied hard again yesterday, as the Fed’s message was shrugged off and

The $ back in the driver’s seat. Weaker NOK

EURUSD: The minor bear flag (following the exit of the larger one)finally came to

FX Daily

Spanish and German inflation will provide information about the impact of thedecline in the oil price during October.

FI Eye-Opener: And we’re done

QE3, it was good to know you, won’t miss you though.

More Scandie weakness in the pipeline

EURUSD: Even though our call yesterday for a potentially completedupward correction was proven wrong we continue to

FX Daily

The main event is the Fed meeting tonight. Given the recent market turmoil, the Fedis likely to