Tag Archives: S&P
FX Daily
Key news – Positive sentiment driven by ECB and US jobless claims – Chinese service sector PMI fell to 54.5 in April
Technical Alert
EUR/USD: The break above 1.3130 triggered the expected buying spree, pushing above also the mid April high, 1.3202,
FX Daily
Key news – Fed opens door slightly for increase in asset purchases – Stocks lower despite upward surprise in ISM
Technical Alert
EUR/USD: The break above 1.3130 triggered the expected buying spree, pushing above also the mid April high, 1.3202,
FX Daily
Key news – US S&P500 closes at new high again. EUR/USD higher while oil drops. – China NBS PMI fell in April, confirming the economy stayed soft into Q2.
Technical Alert
EUR/USD: Buyers gained the upper hand and closed the session high yesterday, but respected the intraday overstretch. 1.3130 remains near-term important since above it would call for a +1.3202 move.
FX Daily
Key news – Italian government scraps tax increases and signals less fiscal austerity. – Japanese data weaker than expected but still suggest a recovery has started.
FX Daily
Key news – In Italy a broad three-party coalition was sworn in on Sunday. – Bank of Cyprus has converted 37.5% of deposits above EUR100,000 into equity.
Technical Alert
JPY reaction getting traction, bonds in demand, EUR/USD Stalemate, USD/JPY More selling in the pipe, EUR/GBP Continues to push for a break,
US QI GDP disappoints. Global equities mixed. AUD at USD1.0275.
The US economy grew at a 2.5% annual pace in the March quarter, short of forecasts for 3.0% annualised growth. But the final reading of consumer sentiment for April printed at 76.4,
FX SENTIMENT REPORT
– Traders continue to hold a net long USD position of $16.6bn, with short positions in CAD, JPY, EUR and GBP and long positions in AUD, NZD, MXN and CHF.
Technical Alert
Yen stronger post BOJ and possible a long needed reaction underway, caution esp with AUDJPY. The £ sterling stronger after GDP, with both cable breaking higher and