Tag Archives: USD

The Global Macro Pulse

AUDUSD rallied to 0.9276 in response to a better-than-expected capex survey. EURUSD traded to a low of 1.3589 before recovering to 1.3607 while USDJPY dipped to 101.69.

USD Mid-day Analysis

The Dollar remains within close proximity to its recent highs and the charts would seem to project morenew highs for the move.

The dollar had a brief, small rally in early Asian trading, but just as quickly gave up gains, leaving suspected PBoC intervention selling USDCNY above 6.26 onshore to be the main event for the day, in our view.

Daily FX Wrap and Strategy

The NZD/USD sits at a very similar level to yesterdaymorning, just below 0.8550 currently.In a quiet day, the NZD/USD made a bid for the 0.8580level early yesterday afternoon.

U.S. durable goods orders rise on defense, but business spending plans weak

Orders for long-lasting U.S. manufactured goods unexpectedly rose in April, but a drop in a measure of business capital spending plans could temper expectations for a sharp rebound in economic growth this quarter.

USD Mid-day Analysis

Some traders might look to the quasi-double top on the Dollar chart this morning and predict somedownside action ahead.

The Global Macro Pulse

In FX, the dollar has weakened against the EUR and AUD, but is flat against the yen. AUDUSD corrected up to 0.9259 and EURUSD rose to 1.3657 despite dovish sounding comments from ECB President Draghi overnight.

Societe Generale: Weekly CFTC Trader Positioning Data

The following are the latest weekly positions updates on Societe Generale’s FX Quant Fund which runs systematic currency strategies by SocGen’s quant analysts.

FX: final call, EURUSD

The EURUSD tapped the 200D MA, but still needs to confirm on higher volume. The USD uptrend has begun? Not if USDCHF stalls here.

The Week Ahead in FX

In the coming week, markets in the U.K. will be closed for a public holiday on Monday, while U.S. markets will also be closed for the Memorial Day holiday.

Weekly Economic & Financial Commentary

U.S. Review As Good as It Gets. As Good as Can Be Expected. • April’s housing data showed some modest improvement but

Weekly CFTC Trader Positioning Data

FX volatility is low and positioning is relatively light, even in carrytrades that typically thrive in low vol environments. Most positionsare close to flat, and even large positions,