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 […]