Tag Archives: EUR/USD
EUR/USD Analysis
The pair started this morning at $1.3574 after a $1.3530 to $1.3580 range in the US last night. Euro-dollar edged higher in early dealings after
Daily FX Wrap and Strategy
The NZD edged up overnight, and sits 0.1% higher againstthe USD, at 0.8670.Some of this is a hangover from the RBNZ’s rate hike andstern commentary last week.
EURUSD – still awaiting wave-(c) rally back to 1.3580 range high
Euro continues to consolidate losses from the 1.3677 level (this is where Euro failed below critical support).
Daily FX Update
USDCAD: Upside bias—Expect range to fall within 1.0814 to 1.1000 (the May 8th low to the psychologically important 1.10).
FX Daily Majors
Today’s highlights: EURGBP’s spotlight turns to downtrend support from June 2013 at .7960.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. Monitor thecurrent consolidation phase.
The Global Macro Pulse
The Nikkei fell 0.7% while S&P futures are off just under 0.4% and the US 10yr Treasury yield is down a bit over 1bp to 2.584%, close to its New York lows.
UBS Morning Adviser
RBA talking down the currency has limited longer term implications Tuesday’s release of minutes of the Reserve Bank of Australia (RBA)
JPY on a strengthening path, EUR/NOK downturn
EURUSD: Friday’s attempt higher ended already at the 1.3580resistance with a relatively impulsive decline.
Daily Market Technicals
The $1.3583 resistance level remains key this week with the attempted recovery on Friday falling short of this level before falling to a relatively bearish close.
FX Daily
Focus this week will be on the FOMC meeting on Wednesday. The markets will belooking for signals as to the timing of the first rate hike,