Tag Archives: EUR/USD

Imminent AUD peak? Looking to buy $/SEK & NOK

EURUSD: Bear triangle still at play. As previously outlined more meandering is expected duringthe beginning of the week.

UBS Morning Adviser

SARB’s purchase of Korean sovereign bonds signal another positive for won Yesterday officials at South Korea’s Financial Supervisory Service announced

FX Daily

The German IFO business survey will give more information about whether thenegative impact from the global slowdown in Q1 is about to fade.

Daily Market Technicals

Oscillation around the 21-DMA continues with spikes towards the 200-DMA lacking follow through. The $1.3670-77 region remains key resistance with

EUR/USD Analysis

The pair started in Asia this morning at $1.3605, just at the high traded during the US hours last night.

EUR/USD hourly – A break above 1.3676 is needed to open additional upside

• The market has finally managed to trade away from key-support at 1.3477

Daily FX Update

Markets are mixed reacting to China’s HSBC manufacturing PMI release of a seven-month high of 50.8 juxtaposed against a softer than expected Eurozone PMI release and rising oil prices.

FX Daily Majors

Today’s highlights: USDCAD continues to fall sharply after completing a bearish continuation pattern and

EUR/SEK & EUR/NOK should both be bought on dips

EURUSD: Thursday’s peak at 1.3644 (basically 78.6% of the precedingdecline) has raised confidence for

UBS Morning Adviser

Headline CPI of +2.7% YoY shows inflation still elevated after MAS cut forecast Singapore May headline CPI released today showed ongoing upward pressure in all major areas except for clothing and communication,

FX Daily

The main focus today is euro PMIs. We expect the manufacturing PMI to declinefurther due to the lagged effect of the global slowdown in Q1.

Daily Market Technicals

EUR/USD continues to chop around the 21-DMA with spikes towards the 200-DMA so far lacking follow through.