Monthly Archives: February 2016

FX Report 29 February 2016

EUR / USD  The Euro was unable to make any further impression on resistance above 1.1050 against the dollar on Friday and then weakened sharply during the day.  German inflation data was weaker than expected with a flash reading of … Continue reading

Posted in Fx Market

COT Report>> Friday, February 26, 2016

Data in this report cover up to Tuesday Feb 23 & were released Friday Feb 26. EUR   • A broad-based deterioration in USD sentiment has pushed the aggregate USD long position to $7.6bn at levels last seen in midJuly … Continue reading

Posted in Fx Market

G20 & Currency Market.

Morning USers; if you think this past week was a busy one in the foreign exchange next week is certainly going to be even more active. Between the end of the G20 meeting in Shanghai to next week’s China, U.K. … Continue reading

Posted in #macroeconomy, Fx Market, Macroeconomic & Fondamental Analysis, Macroeconomic Release, Macroeconomic View

G20 in focus

Dear Users: ahead of the G20 meeting in Shanghai USDCNY FIX was marginally higher at 6.5481. What we are seeing is the CNY staying within normal trading ranges without any more sudden devaluation. This managed exchange rate strategy should persist … Continue reading

Posted in Fx Market

FX Report 26 February 2016

EUR / USD  The Euro was broadly resilient during the day with further support below 1.1000 against the dollar as the US currency was sapped by demand for commodity currencies.  Euro-zone money supply was stronger than expected with a 5.0% … Continue reading

Posted in Fx Market