Tag Archives: USD

FX: the EUR trap

Is Europe next Japan? Hopefully not. ECB and releveraging implications for EUR.

The Week Ahead in FX

In the week ahead, the U.S. is to release what will be closely watched data on consumer prices, home sales and manufacturing orders.

Weekly Economic & Financial Commentary

U.S. Review Q2 Appears to Be Ending on a Stronger Note • Retail sales rose a modest 0.2 percent in June, however,

Weekly CFTC Trader Positioning Data

• Expectations for growth stabilization from China and Fed Chair Yellen’s improved tone were likely the key drivers

FX Quant Fund Positioning Data

The most substantial change in the positions of the SG FX Enhanced Risk Premia strategy over the week has been the cut by around a third of the long NZD position.

Weekly Report

As was widely expected the Bank of Canada held overnight interest ratesat 1%.

USD Mid-day Analysis

While the Dollar has continued to trade back off this week’s highs, it remains within close proximity tothis week’s highs.

The Global Macro Pulse

The dollar has given up some of its initial gains against the AUD and EUR and recovered slightly against the JPY in the wake of the MH17 airline tragedy.

USD Mid-day Analysis

While the Dollar is lower to start this morning it is possible that the reversal is largely the result of ashort term overbought condition into yesterday’s highs.

The Global Macro Pulse

Although EURUSD weakened slightly to 1.3528, AUDUSD rose a bit to 0.9359 from its overnight lows and USDJPY fell to 101.55.

USD Mid-day Analysis

The Dollar is in vogue in the wake of weakness in other actively traded currencies.

Beware Summer Melt-up/Fall Correction

Global investors, emboldened by shifting views about inflation and growth, have increased their equity holdings in recent weeks,