Tag Archives: S&P
FX Daily
On a day with mainly tier 2 data, markets are likely to further digest yesterday’s FOMC announcement . US initial jobless claims are due for release at 14:30 CET but
Generally a post FOMC stronger dollar, but US stocks also thrive
EUR/USD: The low and bearish looking session close post the Feddecision to taper USD 10bn/mth is pointing towardsextension into attraction/support starting at 1.3622.
And now it’s up to the Fed to decide…
EUR/USD: Outside 1.3709-1.3811(33) is still needed to get an idea ofwhere the market wants to go from here, and it’s fair toguess that this is pretty much up to the Fed to decide whichdirection markets should take from here.
FX Daily
Today is the day we expect the Fed to start tapering asset purchases. We believe the Fed will taper by USD10bn but at the same time strengthen the forward guidance by revising lower the profile for the Fed Funds rate to
Riksbank rate decision is the main distraction today
EUR/USD: The recent 1.3811 & 1.3833 peaks remain untouched so far.The “below mid-range” session close left more for bulls towish for. But sellers would on the other hand need a sub-1.3709 move to
USD/JPY could recheck the mid-101s and EUR/SEK 9.0050.
EUR/USD: The market showed hesitation last week while first tryinghigher then lower, only to close Fri where Mon started.
FX Daily
Lots on the agenda today. Main releases will be French and German flash PMI. We look for a very moderate increase in line with consensus. Following a steady increase earlier in the year, PMIs have been going sideways lately and
FX Daily
ECB Vice President Vito Constancio, ECB chief economist Peter Praet and ECB board member Bernoit Coeuré are all scheduled to speak today. It will be interesting to hear if they have anything to say about
Very positive $ signs. Scandies to suffer more.
EUR/USD: Even if it still has to be seen whether the price ends backwithin the 55w Bollinger (see yday TA) or not other signs ofweakness are resurfacing today.
FX Daily
ECB-president Mario Draghi will speak before the European Parliament in connection with a discussion of ECB’s annual rapport. There could be downside risk to euro area industrial production for October as industrial production disappointed in both Germany and France.
More bearish £ signs. USD/Latam taking off.
EUR/USD: We’re now back in the rather rare situation that the marketis trading outside the 55week Bollinger band (and alsoyesterday, however for a short while, on a daily basis)something that historically has a strong tendency to