Tag Archives: EUR/USD
New Forecasts For ECB Easing & EUR/USD Rate
BNP Paribas economics team have adjusted their ECB forecast and now no longer sees a broad asset purchase program as likely.
EUR/USD Techincal Analysis
EUR/USD is pretty close to its 2012-2014 uptrend at 1.3511, notes Commerzbank.
Daily FX Update
A focus on the escalation of sanctions against Russia is weighing on broader market sentiment, providing for an outperfor-mance in JPY and
EUR/USD Analysis
Latest EUR weakness, while in conflict with our week-ahead view for a stable currency, is in-line with the ongoing move in short-term interest rates.
Daily Technical Report
EUR/USD declined further yesterday. Prices arenow close to the key support at 1.3503 (see alsothe long-term rising trendline from the July 2012low).
EUR/USD Analysis
EUR/USD continues to extend its recent move lower, approaching a key post-ECB low of 1.3503, notes BNP Paribas.
The Global Macro Pulse
Although EURUSD weakened slightly to 1.3528, AUDUSD rose a bit to 0.9359 from its overnight lows and USDJPY fell to 101.55.
EURUSD & EURJPY extends the decline. NOKSEK breaks 1.1045
EUR/USD tests the 1.3526/1.3503 support zone. The yearly low at 1.3477 is a medium-term key ref to keep in mind.
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.
Daily Market Technicals
The move lower saw EUR/USD close below the Bollinger band base ($1.3533) with the pair now consolidating ahead of
EUR/USD Analysis
The pair started in Asia at $1.3525 this morning after last night’s $1.3520 to $1.3540 range during the US session.
FX Outlooks & Strategies
EUR/USD: The break below 1.3575 has encouraged us to turn bearish particularly given the surge in daily volume. We are looking for a move lower toward the range low at 1.3500.