Tag Archives: USD
The Global Macro Pulse
Although EURUSD is flat at 1.3627, weak building approvals data helped push AUDUSD down to 0.9265 and USDJPY pushed up to 102.03.
Leveraged Funds Increasing Their Bets Against EUR, CHF
Leveraged funds increased their short bets against the EUR on expectations of policy easing at the upcoming 5 June meeting.
FX: price matters
Inflation is this week’s theme: May HICP and ECB’s revisions are key for EUR. The Market is sceptical about higher Fed funds rate projections, but a pickup in wage growth would cause repricing…
The Week Ahead in FX
In the week ahead, investors will be looking to Friday’s U.S. nonfarm payrolls report for May for further indications on the strength of the labor market,
Weekly Economic & Financial Commentary
U.S. Review Economy Contracts in Q1, Stronger Growth Ahead • Revised Q1 GDP figures showed that the economy contracted 1.0 percent,
Weekly CFTC Trader Positioning Data
Sentiment is shifting back in favour of the USD warning of further near‐term USD gains. Overall market positioning is light; with most currencies held close to flat.
Weekly Report
Markets have priced in rate cuts Looking forward the key event will be the European central bank policy meeting.
USD Mid-day Analysis
The Dollar has started out a touch weaker today but we don’t see the impetus for a selling wave in theDollar today. In fact, we expected US Personal Income and Spending results to provide a minimal underpin forthe Dollar.
The Global Macro Pulse
NZD led rallies in G10 FX, supported by strong building permits. NZDUSD rebounded to 0.850 from a two-month low of 0.845. AUD rose to 0.932 but AUDNZD is still marginally lower at 1.096.
Daily FX Wrap and Strategy
The NZD continues its recent run of underperformance,falling against the USD, unlike most of its peer. It has alsoplunged against the AUD.NZD/USD flirted with
US: Real GDP Tumbles at a 1.0 Percent Pace in Q1
Revised data show that real GDP declined at a 1.0 percent pace in the first quarter, compared to a preliminary rise of 0.1 percent. Real final sales rose at a 0.6 percent pace, only slightly less than first reported.
USD Mid-day Analysis
The Dollar wasn’t able to claw out a higher high overnight and that isn’t surprising considering thepotentially for non-descript scheduled data flows later today.