EURGBP orders 15 Feb — Tightly bound still

Currently 0.8890 going nowhere in a hurry Pinned down as both core pairs enjoy the USD supply. I prefer to buy dips still. Offers: 0.8920 0.8930 0.8950 0.8980 0.9000 Bids:  0.8875-80 0.8865 0.8850 0.8835 0.8820 0.8800 Buy the dip on Bitcoin? Five insights from the ASAC

European equity markets open firmer 15 Feb

Positive tones on the official openings 15 Feb FTSE             +0.5% DAX              +0.7% CAC              +0.6% IBEX             +0.5% FTMIB          +0.5% Firmer futures and now firmer openings not lending any real support to the ailing USD.Buy the dip on Bitcoin? Five insights from the ASAC

EURUSD orders 15 Feb — Option contracts still casting a shadow

Currently 1.2498 after 1.2511 session/recent highsGeneral USD supply prevailing still.After yesterday’s containment into 15.00 GMT and the rally following there’s little of note today but a few more decent size option contracts rolling off tomorrow: 1.2300 2.3bn 1.2350 1.4bn 1.2425 1.1bn 1.2500 1.3bn Barrier option lurking still at 1.2600Offers: 1.2520 1.2535 1.2550 1.2580 1.2600Bids:   1.2480 1.2465 1.2450 1.2430 1.2400 […]

Spain January CPI m/m -1.1% vs -1.1% expected

Latest Spanish inflation data — 15 February 2018 Prior m/m 0.0% CPI y/y +0.6% vs +0.5% expected Prior y/y +1.1% HICP m/m -1.5% vs -1.5% expected HICP y/y +0.7% vs +0.7% expected Pretty much within expectations, but a disappointing set of data. The drop in the y/y figure from December to January in particular, though […]

EUR/USD breaks above 1.2500, eyes January high

Dollar weakness across the board sees the euro higherEUR/USD breaks to a high of 1.2510. The 2018 high of 1.2537 is next on the cards for buyers.The dollar weakness is really starting to ramp up in early European trading. The euro got a bit of a lift earlier as well from the French unemployment report […]

USDJPY orders 15 Feb — In retreat still

Currently 106.31 after 106.27 session lows Yen demand/market fragility/USD supply all combining again after US CPI Barrier option at 106.50 now history. A few offers now building there. I remain a rally seller and playing from the short side until otherwise convinced, taking profit in the dips . Offers: 106.50 106.80 107.00 107.20 107.35 107.50 Bids:    106.20 106.00 105.85 105.65 105.50 […]

Eurostoxx futures +0.5% in early European trading

European equity futures mostly higher in early trades 15 Feb German DAX futures +0.6% UK FTSE futures +0.7% French CAC 40 futures +0.8% Spanish IBEX futures -0.7% German bund futures open 33 lower at 157.65USDJPY still trawling around session lows as general USD supply continues after yesterday’s carnage for bulls post US CPI.Buy the dip […]