Tag Archives: EUR/USD
UBS Morning Adviser
Watch Japan Post too Yen bears have focused their attention on the diversification plans of Japan’s GPIF,
EUR/USD Analysis
The pair started in Asia this morning at $1.3709 after a $1.3648 to $1.3732 range in the US last night. It traded up to $1.3717 but lost ground as risk appetite took a hit from weak regional stocks.
US Yields Drop Sparks Risk Aversion: Something Is At Work?
The sharp drop in longer-term U.S. Treasury yields, seen in recent sessions and again Thursday, has sparked risk aversion in other asset classes, with the dollar tumbling versus most majors, and commodity and stock prices falling.
USD: Recovery Delayed, Not Dead
We retain conviction in our view that the US dollar recovery will gain traction as 2014 progresses and into 2015. At the same time, our mid-2014 forecasts for most G10 pairs now look to be a stretch.
EUR/USD At A Turning Point: New FX Forecasts
Mario Draghi’s ‘promise’ of further ECB easing in June could very well be the turning point for the euro and in general we have pencilled in more euro weakness to
EUR/USD: ‘Killing It Softly’; How To Trade It Now?
Appreciation of the EUR has unnerved the ECB and the Central Bank has signalled that it is ready to act as early as June, notes Nordea Markets.
EUR: From Hero To Sub-Zero Or Not Yet?
Investors have put on fresh EUR-shorts expecting more ECB action ahead of the June meeting, notes Citi.
Daily Technical Report
EUR/USD is close to the key support areabetween 1.3673 (see also the wedge formation)and 1.3643 (see also the 200 day movingaverage). Given the recent sharp decline, ashort-term phase of stabilisation is likely.
FX Daily Majors
Today’s highlights: USDCHF remains capped at .8905, the downtrend resistance from the September 2013 peak.
The Global Macro Pulse
USDJPY fell to a low of 101.66 on the day, but has since stabilized at 101.84. EUR has climbed higher, to 1.372. AUDNZD inched lower, to 1.081, as AUD fell slightly,
UBS Morning Adviser
Treasury move perplexing but FX impact limited, for now Many investors have been expressing confusion and concern regarding price action in Treasurys in recent sessions.
FX Daily
We forecast a growth rate of 0.4% in the euro area in Q1. If this proves right, it willbe the fourth consecutive quarter of positive growth and the strongest quarterlygrowth rate in three years.