Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- Political RiskPolitical Risk
Intelligence on key political and geopolitical events around the world.
- About Us
EURO-DOLLAR: Touched a corrective pullback low of $1.1106 ahead of the NY open
Wednesday, with many analysts suggesting that move could be the initial signal
that the recent EUR recovery had come to an end. However, rate managed to
recover through the US session, traded to $1.1140 before it settled around
$1.1130 into the close. The recovery was seen taking its lead from cable, which
had edged higher on talk that the UK Govt was edging toward calling for a
general election (Conservatives seen leading in polls). EUR/USD extended the
recovery to $1.1142 in an otherwise subdued Asian session. Focus was seen on
this morning's release of flash PMI's from France, Germany and the EZ ahead of
ECB Draghi's last meeting (no new policy expected to be announced. More interest
in the internal divisions). US Weekly Jobless Claims, Durable Goods due at
1230GMT ahead of New Home Sales at 1400GMT.
- Support remains around $1.1130 ahead of $1.1110/00. Resistance $1.1142 ahead
- Option expiries of note for today's NY cut include, $1.1100-10(E1.35bln),