The pound fell by 3.5% against the euro to a low of 1.0467, as prospects for the UK economy deteriorated further and speculation rose that the BoE will cut base rates to 1% in January.rnrn rnrnThe ...
The pound fell by 3.5% against the euro to a low of 1.0467, as prospects for the UK economy deteriorated further and speculation rose that the BoE will cut base rates to 1% in January. The dollar ...
Previous session overviewOn Wednesday, the dollar was sold off sharply versus all its major rivals as investors concluded there was little reason to hold the currency after the Fed lowered rates to ...
Deutsche Bank EUR USD (1.3020) For most of Thursday the euro just hovered above what appears to be the magnetic $1.30 level. A dip in eurozone manufacturing early in the European session gave those ...
Deutsche Bank EUR USD (1.3030) As the Chicago PMI was the only dull spot on an otherwise cloudless sky for US data yesterday, speechless market commentators have been obliged to blame it for ...
Deutsche Bank EUR USD (1.2960) There was only a 30-pip range for the day, but the Euro still managed to overstep the risk-limit to our bearish strategy (apologies). This development is not to be seen ...
Deutsche Bank EUR USD (1.2965) After dawdling for much of the day in a 30 pip range just above $1.29 the euro ultimately rebounded yesterday. The move probably did day-traders no harm at all, as many ...
Deutsche Bank EUR USD (1.2905) Although many observers were of the opinion that some disappointing US economic data were probably overdue, the market was surprised by a resounding set of durable goods...
Deutsche Bank EUR USD (1.2965) The euro’s gains from the day before proved to have been short-lived as it started to edge lower early in the European session yesterday. It became evident that ...
Deutsche Bank EUR USD (1.3025) With the dollar having defied strong US data lately, for some it meant that the upside had to be open for the Euro. Thus when it cracked the $1.30 level, accompanied by ...
Deutsche Bank EUR USD (1.2940) The start of the new week failed to bring much fresh impetus for the euro and it ended the trading day a tad lower than where it had started it. The economic calendar ...
Deutsche Bank EUR USD (1.2970) Friday could not bring much more for the euro than just the repeat of what we have seen over most of last week. By the time the Uni-Michigan survey came out, which ...
Deutsche Bank EUR USD (1.2990) The single-currency’s reaction to yesterday’s US CPI data was practically identical to that which followed the PPI data 24-hours earlier: the slightly hotter...
Deutsche Bank EUR USD (1.2960) In recent months the period between the release of the PPI and CPI data in the US has been something of a ‘no man’s land’. This reflects the growing ...
Deutsche Bank EUR USD (1.2945) According to the ECB’s Liebscher, the market ‘well understood’ the message from last Thursday’s press conference. But what did they understand? ...
Deutsche Bank EUR USD (1.2935) Euro-bullishness among short-term traders has been a theme over the whole of last week. But this view did not really pay off as, despite Friday’s late rebound, the...
Deutsche Bank EUR USD (1.2975) The single currency was set on a drift lower since the start of trading on Tuesday. With the price down, shortterm bulls were lured back into buying the euro again, but ...
