Tag Archives: EUR/USD

FX: price matters

Inflation is this week’s theme: May HICP and ECB’s revisions are key for EUR. The Market is sceptical about higher Fed funds rate projections, but a pickup in wage growth would cause repricing…

Weekly Economic & Financial Commentary

U.S. Review Economy Contracts in Q1, Stronger Growth Ahead • Revised Q1 GDP figures showed that the economy contracted 1.0 percent,

Weekly Report

Markets have priced in rate cuts Looking forward the key event will be the European central bank policy meeting.

Daily FX Update

Bond markets remain the core focus into the weekend. The U.S. 10‐year yield is trading at 2.47%. Today’s release of the PCE deflator will provide important clues in judging inflation and

FX Daily Majors

Today’s highlights: USDCAD’s stay bearish for a break below 1.0813, to test 1.0747/31.

The Global Macro Pulse

NZD led rallies in G10 FX, supported by strong building permits. NZDUSD rebounded to 0.850 from a two-month low of 0.845. AUD rose to 0.932 but AUDNZD is still marginally lower at 1.096.

Daily Technical Report

EUR/USD has broken the key support areabetween 1.3673 and 1.3643. The short-termtechnical structure calls for further weakness aslong as prices remain below the resistance at1.3669 (27/05/2014 high).

EUR: Managing Risk Going Into The ECB Meeting

Next week’s ECB decision, press conference and inflation projections are all key for the EUR’s outlook.

A bunch of US key figures are on the calendar for today. We expect a slight setbackin personal income and personal spending growth in line with the market’sexpectation and unchanged PCE core inflation.

UBS Morning Adviser

Without robust growth, portfolio flows will be stagnant Ongoing Bank of Canada accommodation has driven CAD underperformance this year.

Daily Market Technicals

The failure to carry on with the move lower Thursday after having traded at fresh 3 month lows combined with O/S daily studies looking to correct higher is a worry for bears.

EUR/USD Analysis

The pair started in Asia at $1.3602 this morning after last night’s $1.3595 to $1.3626 US trading range. Euro-dollar encountered some early weakness as euro-yen retreated,