Morgan Stanley Daily FX Recommendations

MS – FX Strategy Daily Trading Recommendations Currency: Pos: Entry: Target: Stop: EURUSD Sell 1.3040 1.2500 1.3140 USDJPY Buy 104.40 107.00 103.80 GBPUSD Sell 1.6360 1.5860 1.64 …
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AUD/USD – Carry demand to keep Aussie bid

Despite the rise in vols, the carry trades remain in demand AUD/JPY is trading at 15-month highs and could test the 100.00 level soon AUD/NZD uptrend has also gained on momentum an …
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EUR/GBP – Consolidating around 0.80, stops may attract

EUR/GBP opened at 0.7990, up from a Friday close of 0.7938 Traded in a 0.7975-0.8017 range so far Decent resistance at 0.8035 (August high), but large stops resting above that leve …
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Option Expiries for today’s NY cut (10:00 NY, 15:00 London)

AUD/USD: 0.9355 (184M). NZD/USD: 0.8350 (168M), 0.8375 (472M) USD/CAD: 1.0870 (400M), 1.0900-10 (203M), 1.0950-55 (630M) EUR/USD: 1.2940 (100M), 1.3000 (164M), 1.3100 (1.02BLN) EUR …
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Currency pairs update: after Asian Session Mon 8th Sept by Mary McNamara

Indices: both the EURX and USDX are trading higher to start the week. USDX weekly: Seems to have shrugged off the weak NFP result and is trading higher BUT note the building ‘Tr …
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RBNZ likely to keep very steady hand ahead of general election

The New Zealand general election is in just under 2 weeks time, and we can expect the RBNZ to be neutral and non-controversial ahead of such an important domestic political event. …
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Session Data for Mon Sept 08 (GMT-5:00 ET)

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Barclays trade of the week: Short EUR/NZD

Short EURNZD: Given the fairly dovish policy path priced by the market, we see modest upside risk to NZD from the RBNZ rate decision this week. We prefer going long NZD against EUR …
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USD, AUD and CAD to remain well bid amid uncertainty elsewhere

The more aggressive ECB policy and uncertainty surrounding the Scottish referendum will continue to drive investors and speculators out of the EUR and GBP. The cap on the CHF will …
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Trade Week Analysis for 08/09/14 by Mary McNamara

Last week:  There were no TC signals last week; not because there wasn’t movement BUT because the moves that occurred were too big and that meant that any TC signals that formed …
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