FX G10/EM Morning Trader Views
EUR – Frustration again yesterday for eur bears with a retest below 1.2950 met with corp and longer term demand. Right now still reluctant to sell dips until we get a clear close below the 200 day at...
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EUR – Well eur finally came lower yesterday, playing catch-up to the broader usd strength theme. The close well below the 200 day and below 1.2950 unleashing fresh selling from model and lev a/cs. It...
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EUR – The reaction to the weaker US data and the aggressive squeeze to the topside capped perfectly at the lvl at 1.2930 area and was met with fresh selling from spec and lev names and the comments...
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EUR – After the break below this 1.2840/50 area on Friday to that new low at 1.2796 we have settled down in Asia. Busy week this week with Bullard and Dudley speaking tomorrow then Bernanke Wednesday...
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EUR – Wave of general usd selling yesterday led to a further squeeze in eur after we failed to get back below 1.2830 in LDN yesterday. O/n we have topped right on this 1.2904 area with key resistance...
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EUR – Remains the most resistant to USD strength for the time being as we see from rally in eur x’s. Supported from RM and corp names at 1.2840/55 area yest we had the squeeze to clean out most of the...
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EUR – Well what a difference a day makes – Eur x demand turned into eurusd demand post a dovish Bernanke speech but we capped well against range highs at 1.30 as RM/lev names came to market selling...
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EUR – Extremely whippy in this 1.28/1.30 range – Yesterday saw us squeeze hard off the lows with eur x longs cut out and usd supply back in market as well as corp and lev demand – Today I think risk...
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EURUSD : Support – 1.2875 , 1.2790 , 1.2730 Resistance – 1.2950/60 , 1.2990 , 1.3050 Markets are pretty loose at the moment (not helped by the gyrations of the Nikkei) and this has caused much...
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EUR – Continues to chop about in this 1.28/1.30 range, with RM/Lev selling the last times we traded to 1.2980/00 lvl while corp names remain buyers on dips to 1.28/1.2830. Limited data today with only...
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EUR – Still dancing around in the range – yesterdays fail at 1.2950 area topside, with supply from rm/spec accounts – pre-empted the sell off post US consumer confidence data, With the usd rallying...
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EUR – so month end doesn’t conform to expectations/or models by selling off into and rallying into the close to stand at 1.3020 as we open in ldn this morning. Definitely saw increased selling late...
View ArticleFX G10/EM Morning Trader Views
EUR – Whippy mkt yesterday with Spec names early sellers despite stronger European PMI’s taking us down to that 1.2950 support – The weaker ISM put an end to the selling and while it took a while to...
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EUR – Still in this 1.3030-1.3110 range – yesterday good lev/spec selling into 90/00 met with similar buying at 1.3040-50 below from corp/rm. Today, 1 day away from ECB/Draghi tomorrow, we have...
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EUR – after the chaos to end the London session yesterday things have settled down somewhat in the single currency as we await NFP. We weren’t quite able to close above the key 1.3250 level but I...
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EUR – Calm resumes in Asia today as we hold 1.3180/1.3230 range – Mkt squeezed everyone out on Thursday last week and while we saw a few lev/RM sellers again Friday we haven’t retraced to far on the...
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EUR – USDJPY lead dollar weakness saw the single ccy trade back to the key 1.3300 resistance level in Asia which has so far capped topside momentum on the past few attempts. Happy to continue to...
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EUR – the USDJPY carnage continues leading to an offered greenback tone across the board. We continue to see RM and model demand over the past couple of sessions as shorts are unwound. We have good...
View ArticleFX G10/EM Morning Trader Views
EUR – Eur x’s held lvls well yesterday and so did eur at 1.3275/80 – Spec selling during the day met with RM demand and eventually as stocks rallied so did eur and the buyers won out – lvls to watch...
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EUR – After last weeks sell off post fed we walk in on the lows with key support here at 1.3080 in short term – Rallies have been limited since Wednesday evening as mkt plays catch-up to recent events...
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