GS: Summary of our Traders’ Strategies – FXWW Chatroom

EUR: The situation remains very fluid and with no currency conviction I am content to trade nimbly from a flat base. Support back at the 1.0950 double bottom with next notable resistance at the 1.1110 close followed by 1.1175.

JPY: The front end of the US curve will likely stay bid after the benign wage inflation figures from Thursday and the Greek hangover pushing back calls for the first rate hike into 2016, but expect USDJPY to play as a little more of a risk proxy the way things currently stand. 

GBP: Little on the UK calendar to drive the currency this week – we suspect Greek related headlines are set to guide us with support coming in at 1.5510 ahead of 1.5450 – resistance 1.56 and then 1.5650/60. 

AUD/NZD: The market is only pricing in around 6bps for tonight, which seems fair, but the RBA may use this meeting to set the curve for the rest of the year, which we think has more space for easing. 

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