Tag Archives: S&P

FX Daily

Market movers today * What should have been an exciting day will turn out to be rather dull in terms of key figures.

Daily FX Wrap and Strategy

The NZD has been one of the few currencies that hasn’t been buoyed by the retreating USD tide overnight. Instead, the NZD/USD basically shuffled around in a sideways 0.8275-0.8340 range.

The dollar lost it again and the nokky looks weak too

EUR/USD: The potentially bearish “UpThrust” the day before yesterday backfired. Additional gains of late show demand and the yearly high of 1.3711 back in Feb now lies within reach.

FX Daily

Market movers today * Markets are in a waiting position for the battle on raising the debt ceiling. There are still no signs of a resolution to the government shutdown.

The dollar is fighting back and so is the yen & the krona

EUR/USD: The failed attempt above the Sep high has added a potentially bearish “UpThrust” to consider. A “Lower Range Extension” today (a lower break out of the opening hour range)

FX Daily

Market movers today * Focus on politics in both the US and Italy. While we will likely have to wait before anything new happens in the US deadlock,

FX Daily

Market movers today * The US government shut down for the first time in 17 years and focus now turns to how long it will last.

GBP/USD trades into resistance at 1.6300-80. BTP widens spread against Bunds

EUR/USD: The market continues to move sideways. Outside 1.3440- 1.3569 is needed to show sellers’ or buyers’ initiative. 1.36.95\1.3711 is the next attraction/resistance area above and

FX Daily

Market movers today * In the US focus will be on the negotiations about temporary government funding for the new budget year starting tomorrow.

JPY & CHF in demand. EUR/SEK soon seen higher.

EUR/USD: With the attempt to move up to a fresh high failing to do so only four points short of a minimum target opens up for a possible so called truncated fifth wave.

Weekly CFTC Trader Positioning Data

• The market is adding to FX risk and slowly shifting to a more bearish USD stance. There is now a large long EUR position and large short JPY and AUD holdings;

FX Daily

Market movers today * Focus will continue to be on the political wrangling in the US to secure an agreement on the temporary funding bill for the new budget year starting on Tuesday to avoid a government shutdown.