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US recap: Euro slips as a soft US jobs report gets downplayed

BUZZ-COMMENT-US recap: Euro slips as a soft US jobs report gets downplayed Nov 1 (Reuters) - The dollar rose Friday amid rising Treasury yields and haven-related buying ahead of U.S. elections next week. U.S. Treasury yields rebounded from an earlier drop amid doubts about the soft U.S. jobs report, higher oil and a lack of Treasury buyers ahead of next week’s U.S.
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Markets start big month on cautious footing as US jobs data looms

GLOBAL MARKETS-Markets start big month on cautious footing as US jobs data looms Investors await US payrolls ahead of election, Fed meeting British gilts sell off for third day after budget Oil up 2.6% on reports Iran preparing a strike on Israel Nasdaq futures up 0.4% after Amazon beat Nikkei down 2.6%, dollar pares some losses on yen Caixin PMI shows China's factory activity returned to growth Updates at 0940 GMT By Stella Qiu and Alun John SYDNEY/LONDON, Nov 1 (Reuters) - Markets started what
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US recap: Euro ends October on a high note

BUZZ-COMMENT-US recap: Euro ends October on a high note Oct 31 (Reuters) - Haven currencies gained against the dollar amid a slump in U.S. tech shares and month-end flows while U.K. budget concerns weighed on the pound. The dollar index was up marginally and front-end Treasury yields firmed after an unexpected drop in weekly jobless claims, an increase in U.S.
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US recap: Euro rises versus peers after data, ECB comments

RPT-BUZZ-COMMENT-US recap: Euro rises versus peers after data, ECB comments Repeat with no changes Oct 30 (Reuters) - The euro rose as expectations for European Central Bank rate cuts were scaled back following a stronger-than-expected Q3 growth reading for the euro zone and rise in German inflation. French central bank chief Francois Villeroy de Galhau said the European Central Bank should retain its focus on getting inflation to 2% in the medium-term, while ECB board member Isabel Schnabel arg
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US recap: Euro rises versus peers after data, ECB comments

BUZZ-COMMENT-US recap: Euro rises versus peers after data, ECB comments Oct 30 (Reuters) - The euro rose as expectations for European Central Bank rate cuts were scaled back following a stronger-than-expected Q3 growth reading for the euro zone and rise in German inflation. French central bank chief Francois Villeroy de Galhau said the European Central Bank should retain its focus on getting inflation to 2% in the medium-term, while ECB board member Isabel Schnabel argued for gradual rates cuts.
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US recap: EUR/USD orbits 1.08 in mixed market

BUZZ-COMMENT-US recap: EUR/USD orbits 1.08 in mixed market Oct 29 (Reuters) - The dollar was mixed on Tuesday as U.S. share gains and higher Treasury 10-year yields weighed on other haven currencies. U.S. data showed a surge in consumer confidence, a notably wider trade deficit, a softening labor market and cooling home price growth. The Conference Board's consumer confidence index posted its strongest monthly gain in 3-1/2 years on hopes share prices would rise next year.
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Trump trade means a tougher slog for sterling

BUZZ-COMMENT-Trump trade means a tougher slog for sterling Sterling appears likely to remain vulnerable to the dollar-positive Trump trade at least until the Nov. 5 U.S. election as it struggles to break away from recent highs just above the 1.30 level . Investors have been increasingly positioning -- particularly in fixed income and swaptions -- for a potential second Donald Trump presidency and Republican sweep of Congress, which they see as likely to result in increased tariffs, elevated long
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US recap: EUR/USD extends rebound from recent lows

BUZZ-COMMENT-US recap: EUR/USD extends rebound from recent lows Oct 28 (Reuters) - The dollar was mixed on Monday as lower oil and higher Treasury yields weighed on commodity currencies while equity market optimism helped lift EUR/USD. U.S. equity indexes rose following similar gains in Europe and Asia. Traders were awaiting tech earnings and jobs data later this week.
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US recap: EUR/USD slips as dollar tracks yields higher

BUZZ-COMMENT-US recap: EUR/USD slips as dollar tracks yields higher Oct 25 (Reuters) - The dollar rose with Treasury yields on Friday as investors pivoted toward the haven currency ahead of a turbulent two weeks that includes a weekend election in Japan. U.S. Treasury yields reversed an earlier drop amid higher oil prices and after a University of Michigan survey showed US consumer sentiment improving in October.
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US recap: EUR/USD trims weekly drop amid dollar setback

BUZZ-COMMENT-US recap: EUR/USD trims weekly drop amid dollar setback Oct 24 (Reuters) - The dollar pared broad weekly gains on Thursday as falling Treasury yields and lower oil weighed on the greenback. In U.S. data, jobless claims unexpectedly fell last week and the flash U.S. Composite PMI for October improved to 54.3 with businesses raising prices at the slowest pace in nearly 4-1/2 years.
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US recap: EUR/USD down as dollar shines

BUZZ-COMMENT-US recap: EUR/USD down as dollar shines Oct 23 (Reuters) - The dollar index rallied on Wednesday for the 16th time in the last 18 sessions, helped by a rise in Treasury yields and an increase in equity market volatility. The U.S. 10-year note yield hit a 3-month high before paring gains after the Fed Beige Book showed U.S. economic activity was little changed from September through early October.
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US recap: Euro dips as dollar hits 12-week high

BUZZ-COMMENT-US recap: Euro dips as dollar hits 12-week high Oct 22 (Reuters) - The dollar ticked higher Tuesday amid oil price gains and firmer Treasury yields after the International Monetary Fund lifted its U.S. growth forecasts for the next two years. The organization revised its 2024 U.S. growth forecast upward, while boosting its 2025 forecast as well.
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US recap: Euro sinks as yield propel dollar upwards

BUZZ-COMMENT-US recap: Euro sinks as yield propel dollar upwards Oct 21 (Reuters) - The dollar strengthened broadly on Monday amid higher U.S. bond yields after comments from Federal Reserve Bank of Dallas President Lorie Logan and bullish greenback positioning ahead of the Nov. 5 presidential election. The dollar index surged 0.5% and is set to close above its 200-day moving average for the first time since Aug.
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US recap: EUR/USD trims weekly loss as dollar gives way

BUZZ-COMMENT-US recap: EUR/USD trims weekly loss as dollar gives way Oct 18 (Reuters) - The dollar fell on Friday amid profit-taking ahead of the weekend and investor optimism about U.S. corporate earnings and China stimulus efforts. In U.S. data, single-family home building surged to a five-month high though building permits rose only marginally.
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Cheap USD/JPY options to hedge major event risks

BUZZ-COMMENT-Cheap USD/JPY options to hedge major event risks Oct 18 (Reuters) - A lack of FX realised volatility has reduced the price of USD/JPY option premiums, which are almost screaming value ahead of some major event risks. FX options thrive on FX volatility, which is an unknown quantity but a key parameter for the premium. Dealers therefore use implied volatility, which is basically their best guess.
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US recap: EUR/USD slides after ECB cut, dour outlook

BUZZ-COMMENT-US recap: EUR/USD slides after ECB cut, dour outlook USD/JPY holds above 150 on Goldilocks view AUD/USD -Longs hold onto gains despite US data results Oct 17 (Reuters) - The dollar rose to a fresh 11-week high on Thursday after a batch of economic data showed a U.S. economy that remains resilient. U.S retail sales rose an above-forecast 0.4% in September, weekly jobless claims fell, October’s Philadelphia Fed index beat the median estimate and the NAHB homebuilder index edged up i
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US recap: EUR/USD slips ahead of ECB amid dollar rally

BUZZ-COMMENT-US recap: EUR/USD slips ahead of ECB amid dollar rally Oct 16 (Reuters) - The dollar index rose to a new 10-week high amid greenback buying in the run up to U.S. elections and favorable investor sentiment after upbeat bank earnings, while investors also geared up for U.S data on Thursday including retail sales. The euro fell to a two-month low, sliding below its 200-day moving average ahead of an expected rate cut by the European Central Bank Thursday.
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Sell EUR/JPY, buy GBP/JPY as rate expectations shift?

BUZZ-COMMENT-Sell EUR/JPY, buy GBP/JPY as rate expectations shift? Oct 16 (Reuters) - Recent market moves and shifting central bank expectations suggest EUR/JPY could be a good sell and GBP/JPY potentially a buy. There is now a growing view that the European Central Bank could be more dovish than the U.S. Federal Reserve and in contrast to the still hawkish-leaning Bank of Japan.
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US recap: EUR/USD on back foot in mixed market

BUZZ-COMMENT-US recap: EUR/USD on back foot in mixed market Oct 15 (Reuters) - The dollar traded mixed Tuesday with the pound gaining ground following a solid U.K. employment report while slumping oil and a weaker yuan weighed on commodity currencies. U.S. Treasury yield curve flattened after the New York Fed's monthly gauge of factory activity unexpectedly fell to negative 11.9 in October from a positive reading a month earlier.
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Are options under-pricing US election risk to USD/JPY?

BUZZ-COMMENT-Are options under-pricing US election risk to USD/JPY? Oct 15 (Reuters) - When comparing FX option volatility risk premiums with their fair value measures for expiry dates, which include the U.S. election on November 5, USD/JPY stands out as being potentially under-priced. FX volatility is a key, yet unknown parameter of an FX option premium, so dealers use implied volatility as a stand in.
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