Intraday Flows in EURAUD (Macro FX)
Mis à jour
Here tracking the data from Europe stabilising and ECB forecasts firming. This is having a positive impact on risk and further policy easing as "tiering" will be taken off the table in June.
Interesting the rise in trade tensions of late has only shown a minor dip in ZEW expectations. In other words, large hands are starting to look at possibilities of parking in Europe as well as those outguessing the rebound in China spilling over and supporting the rebound in Europe. The EU parliamentary results are mostly positive, with an overall pro-EU sentiment remaining we are starting to clear the risks.
On the RBA side, unemployment edging higher is triggering some aggressive pricing for an RBA cut as it signals a general weakening of the economy. I also expect US-China trade tensions to impact AU more in the immediate term.
Best of luck those positioned for the macro flows.
Interesting the rise in trade tensions of late has only shown a minor dip in ZEW expectations. In other words, large hands are starting to look at possibilities of parking in Europe as well as those outguessing the rebound in China spilling over and supporting the rebound in Europe. The EU parliamentary results are mostly positive, with an overall pro-EU sentiment remaining we are starting to clear the risks.
On the RBA side, unemployment edging higher is triggering some aggressive pricing for an RBA cut as it signals a general weakening of the economy. I also expect US-China trade tensions to impact AU more in the immediate term.
Best of luck those positioned for the macro flows.
Transaction en cours
Trade fermée: cible de profit atteinte
Well done those who held for the ride... we got there in the end.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.