Tag Archives: USD
Weekly CFTC Trader Positioning Data
• Sentiment continues to diverge with building bearish EUR andJPY positions and steadily bullish AUD, NZD, MXN and GBP holdings.
USD Mid-day Analysis
We are surprised that the Dollar is tracking higher this morning as overnight economic data points fromthe Euro zone and the UK were positive and
The Global Macro Pulse
EM Asia FX was the main mover today, led by a surprise 85pip fall in the USDCNY fix to 6.1623, its lowest level in over two weeks.
USD Mid-day Analysis
Once again the Dollar remains within striking distance of its recent highs and it is seemingly benefitingfrom ideas that the ECB will announce fresh easing moves later today.
The Global Macro Pulse
EURUSD and EUR crosses came under moderate pressures. EURUSD traded just below 1.36; EURGBP, EURSEK and EURNOK were also slightly lower.
Daily FX Wrap and Strategy
The grind lower continues. NZD/USD is 0.2% weaker thismorning, holding just above 0.8410.
USD Mid-day Analysis
The Dollar enters the Wednesday trade sitting just under its recent highs and poised to encounter asignificant wave of economic information.
The Global Macro Pulse
The USD gathered strength in Asia trading, supported by higher US yields overnight. The 10y US Treasury yield retraced very marginally to 2.586% but still net 6.5bps higher than yesterday’s open.
USD Mid-day Analysis
While the Dollar is slightly lower to start today the currency remains within striking distance of its recenthighs. Factory orders and Auto sales will be released today and
The Global Macro Pulse
After opening up, most USD-Asia pairs are close to flat today with the exception of the THB which rallied down to 32.72.
Daily FX Wrap and Strategy
The NZD continues to drift lower, with NZD/USD dippingits toes below the 0.8450 mark early this morning. BroaderUSD strength has the NZD 0.5% lower from yesterday.
USD Mid-day Analysis
The Dollar has recovered overnight and has accomplished that action in the face of rising hopes of anECB easing move later this week.