Tag Archives: EUR/USD
EUR/USD Analysis
The pair opened at $1.3537 this morning in Asia, after a $1.3521 to $1.3547 range on Friday in the US.
Weekly Economic & Financial Commentary
U.S. Review Mixed Results from Economic Data Releases This Week • Retail sales increased a lower-than-expected 0.3 percent in May,
Daily FX Update
Developments in Iraq drive a hint of risk aversion; but not enough to swap markets. Into the NA open FX markets are active with EUR sinking,
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. The recentpickup in buying interest near that level favours afurther phase of consolidation.
€uro comeback? AUD/NZD resumed its downtrend.
EURUSD: The return back inside the 55d Bollinger bands is yetanother sign that a short term development should be amove higher.
UBS Morning Adviser
ECB has no FX target but prior policy drivers are having less of an effect The ECB will be the first to remind FX markets that irrespective of how they view the exchange rate’s impact on
FX Daily
Today’s data calendar is relatively light with focus likely to stay on US data. In linewith consensus expectations,
Daily Market Technicals
EUR/USD continues to grind its way back towards the $1.3583-1.3602 resistance region with support now having developed on the hourlies at $1.3546.
EUR/USD Analysis
The pair closed in NY Thursday at $1.3552 rate had recovered off an extended low of $1.3512, touching a high of $1.3572 during the NY afternoon,
Nomura: EUR/USD View
Nomura has revised its EUR/USD forecast projecting a gradual depreciation path over the coming months. Nomura outlines 4 main reasons behind this call.
Daily FX Update
Volatility remains low, markets are generally quiet even as there is building focus on oil prices (WTI has rallied up to $106 and Brent up to $112) on the back of security concerns in Iraq.