Tag Archives: Crude Oil
FX Daily
The situation in Ukraine has deteriorated further over the weekend and will likelyattract significant attention today and throughout the week,
Weekly Economic & Financial Commentary
U.S. Review Weather Effects Continue to Influence Economic Data Housing starts plunged 16 percent in January to an 880,000-unit pace. Building permit activity also declined for the month but not as sharply.
EUR/GBP higher, USD/NOK buy the dip, EUR/HUF
EUR/USD: It is currently impossible to tell whether we now have apremature (should have been above 1.3774) peak at hand orif the 1.3774+ move still is lurking.
FX Daily
The main data releases are retail sales in the UK and existing home sales in the US.The data released so far suggest a substantial weather impact on the
Sell CAD – buy JPY. Buy €/SEK on a 8.90/91 dip
EUR/USD: With an hourly three wave decline, 1.3774 – 1.3725, the pairis poised for making at least one more high before endingthe current phase.
FX Daily
The main focus will be flash estimates for PMI in the euro area starting with Franceand Germany this morning. We expect the euro-area composite PMI to have movedbroadly sideways in February from the solid 54 level in January.
Technical Alert: Strong euro, weaker dollar, krona (and possibly also the pound)
EUR/USD: Violation above a Jan peak at 1.3740 is a short-term bullishlead. The move is not stretched and is seemingly working itsway through an “Equality point” at market.
FX Daily
In the US the Fed will release minutes from the 28-29 January FOMC meeting.The speeches ahead of the meeting suggest relatively strong consensus on continuingthe tapering course but
USD/JPY contesting resistance (102.85) & possible GBP/USD reversal
EUR/USD: Directional indications are weak inside 1.3562 & 1.3740, buta move back under a Feb11 high of 1.3683 would anyway beof some interest.
FX Daily
In the data calendar the main events are the ZEW indicator in Germany, CPI inthe UK and the NAHB housing market index and Empire.
FX Daily
The leader of Italy’s centre-left Democratic Party, Matteo Renzi, is expected tobe formally handed the job of forming a new government,
NOK/SEK still liked higher. USD/CAD ending reaction?
EUR/USD: An attempt to put a peak in place Friday afternoon hastoday been replaced by renewed buying hence keeping the1.3740 resistance in the crosshair.