Tag Archives: S&P
USD/CAD in the buy zone. USD/TRY higher.
EUR/USD: With the slimmest of margins the market failed to take outthe 1.3774 resistance and completing a five wave advance.
FX Daily
The second release of the German Q4 GDP figure is likely to get some attention asthe first release of the underlying components is due.
EUR/SEK downside correction, bonds in demand
EUR/USD: Last week ended with the highest weekly close of the year(and a third consecutive weekly winner). Together with thebreak above 1.3732 the behavior suggests more topsidepotential near term and
FX Daily
The situation in Ukraine has deteriorated further over the weekend and will likelyattract significant attention today and throughout the week,
EUR/GBP higher, USD/NOK buy the dip, EUR/HUF
EUR/USD: It is currently impossible to tell whether we now have apremature (should have been above 1.3774) peak at hand orif the 1.3774+ move still is lurking.
FI Eye-Opener: US data sending some conflicting signals
After some early gains, bonds ended the day with losses yesterday on both sides of the Atlantic. The German 10-year yield rose by 3bp, while the corresponding move up in the US was around a bp.
FX Daily
The main data releases are retail sales in the UK and existing home sales in the US.The data released so far suggest a substantial weather impact on the
Sell CAD – buy JPY. Buy €/SEK on a 8.90/91 dip
EUR/USD: With an hourly three wave decline, 1.3774 – 1.3725, the pairis poised for making at least one more high before endingthe current phase.
FX Daily
The main focus will be flash estimates for PMI in the euro area starting with Franceand Germany this morning. We expect the euro-area composite PMI to have movedbroadly sideways in February from the solid 54 level in January.
FI Eye-Opener: Fed not concerned by recent data development
Bonds rallied early yesterday, but the direction turned later in the day, partly in response to Fed minutes (see more below). German yields ended the day slightly down,
Technical Alert: Strong euro, weaker dollar, krona (and possibly also the pound)
EUR/USD: Violation above a Jan peak at 1.3740 is a short-term bullishlead. The move is not stretched and is seemingly working itsway through an “Equality point” at market.
FI Eye-Opener: Weather argument will not work indefinitely
Bonds rallied yesterday on the back of disappointing US economic data, though the moves especially in Europe were not that big.