Tag Archives: S&P
Commodities & commodity ccy’s lower. Rix & NB day
EUR/USD: It is unclear whether yesterday’s very marginally (1pip) highmarked the end to the advancing wave from 1.3651 or ifthere’s yet another marginally one left
FX Daily
Market movers today * Focus will be on global PMIs. We expect overall euro area PMIs to increase,
Daily FX Wrap and Strategy
The NZD/USD was the weakest performer relative to its key peers over the past 24-hours. It trades at 0.8390 this morning.
FX Daily
Market movers today * ECB holds a press conference about its Comprehensive Assessment of banks’ balance sheets which includes an Asset Quality Review and stress tests.
The dollar is a post-NFP “punching bag” – can it fight back?
EUR/USD: The post-NFP reaction may be somewhat strange with riskon/dollar off so notably on a lesser number. Be that as it may,the pair trades at levels not seen since late 2011 and bullishlyso.
Look for a EUR/SEK low at 8.7355/8.7100 otherwise wait for NFP
EUR/USD: The yearly high of 1.3711 remains a bright shining beaconabove, but right now the market lacks the impetus to pushfor a break. Numbers this afternoon may change this,
FX Daily
Market movers today * The main release is US existing home sales, which could give further evidence of the effect on housing from the rise in mortgage rates.
€uro remains firm & EUR/SEK seen breaking higher.
EUR/USD: So far the market is following the common path after a risingbenchmark candle such as the one printed Thursday withthe following day often moving up to
Daily FX Wrap and Strategy
A combination of firming risk sentiment and a weaker USD continued to fan the NZD uptrend on Friday. After a brief pull-back to 0.8450,
FX Daily
Market movers today * With no major data releases, focus will be on the flood of speeches from members of the major central banks.
The dollar has come under severe pressure
EUR/USD: The dollar took a big hit across the board yesterday. Thisbenchmark move shows demand – likely strong enough tochallenge the yearly high at 1.3711.