Tag Archives: USD/MXN
FX Quant and Positioning Weekly
Spec’s cut excessive bullish EUR position by more than half * Speculators slashed their previously excessively bullish EUR position by more than half.
Weekly Economic & Financial Commentary
U.S. Review: What Government Shutdown? · Nonfarm payrolls surprised to the upside as the federal government shutdown did little to deter private-sector employers from hiring more workers.
USD/SCANDIES we like….a lot. USD/CAD to follow.
EUR/USD: So with the drop below 1.3449 the recent peak at 1.3548was confirmed being the end of the minor upside correctionand accordingly the market continued lower after passingthe support.
Markets in waiting game ahead of ECB & NFP
EUR/USD: A second attempt below 1.3450 has been responded to.Perhaps there isn’t much directional fuel to burn ahead ofECB tomorrow and NFP on Fri,
LATAM Daily FX Update
Major events for the week ahead: * Monday 28: US industrial / manufacturing production,
LATAM Daily FX Update
The USD remains on a broadly strengthening trend, as questions over some European financial institutions were re‐awakened after some details of the EU’s stress testing plans came out earlier this week.
Look for a EUR/SEK low at 8.7355/8.7100 otherwise wait for NFP
EUR/USD: The yearly high of 1.3711 remains a bright shining beaconabove, but right now the market lacks the impetus to pushfor a break. Numbers this afternoon may change this,
FX Market Drivers: Eventful week ahead. We recommend short-term BUY of NOK and SEK. Place a sell order for EURUSD
Review Today and tomorrow will see a lot of economic indicators from the US.
LATAM Daily FX Update
Major events for the week ahead: * Monday 21: Chinese property prices & Conference Board LEI, US existing home sales, US CPI, Mexican retail sales, BCB weekly survey of economists.
AUD is bid and GBP & JPY are offered in low volatility markets
EUR/USD: Intraday attempts higher within the range of late keep beingresponded to. Yesterday was no exception. Outside recent1.3485\1.3607 spikes is required to make any kind ofdirectional assumptions.
Weekly Economic & Financial Commentary
U.S. Review Turn Those Machines Back On! * After the second week of limited economic indicator releases and watching the state of the federal government in suspended animation,