Tag Archives: Crude Oil
Weekly Economic & Financial Commentary
U.S. Review Inflation Rising, Housing Not so Much • Despite the acceleration in consumer prices,
A EUR/USD correction higher is due
EURUSD: Still ripe for a correction higher. A Jul1-24 bearish wave sequence may be completed (seen best with hourly observations).
The kiwi crashed and burned after RBNZ. Bunds eke out a fresh high
EUR/USD looks ripe for a correctional bounce higher with a first-hand target at 1.3491\94…
EUR/USD bearishly into fresh yearly low
EURUSD: Bearishly into a fresh yearly low. The yearly low was crushed yesterday and pronouncedly so,
USD/JPY under 101.19 & EUR/GBP below 0.7303 would be interesting
EUR/USD looks uninteresting between 1.3491 & 1.3576… EUR/GBP may have printed a correctional peak – a move back under 0.7904 would confirm…
FX Daily
A light global calendar today with focus likely to remain on the geopolitical tensions. Both US and Europe are increasing the pressure on Russia following the MH17 crash.
Weekly Economic & Financial Commentary
U.S. Review Q2 Appears to Be Ending on a Stronger Note • Retail sales rose a modest 0.2 percent in June, however,
Risk aversion noted – bonds & oil up, stock down
EUR/USD trades cautiously lower into the support zone at/around the 1.35-mark. GBP/USD tests support in the high/mid-1.70s once more.
FX Daily
Another light data calendar with the US University of Michigan Confidence indicatoras the highlight.
FX Daily
It is a very light calendar today in terms of macroeconomic numbers. Focus will be oneuro-area inflation and US initial jobless claims.
FX Daily
Focus on central bank speeches with ECB’s Coeure and Fed’s Fisher but mostimportant will be Fed chair Yellen’s testimony.