Tag Archives: EUR/USD
Daily Technical Report
EUR/USD has declined sharply after its bearishreversal near the key resistance at 1.3967. Thesupport at 1.3780 has been broken. A keysupport lies at 1.3673 (see also the rising wedge).
The Global Macro Pulse
The USD was broadly stable against major crosses. EUR was unchanged at 1.376 and AUD held in at 0.936. USDJPY rose slightly to 102.05 following a weaker-than-expected Japanese current account release but
UBS Morning Adviser
This move is not over With EURUSD having already shed about 1.2% since Thursday’s ECB press conference,
FX Daily
Today we have a very light calendar in terms of data releases but there are someinteresting central bank speeches. ECB’s Constancio,
€/$ bearish follow through. NOK/SEK still higher
EUR/USD: After a minor bounce the pair continued its descent. Thedownside exit from the rising wedge has set 1.3295 as aviable first hand target for the decline.
Daily Market Technicals
The sharp move lower to end the week and the close below the $1.3771 previous support has seen immediate focus shift to the 100-DMA which is currently supporting.
EUR/USD Analysis
The pair opened this morning at $1.3755, just above the $1.3745 low traded in the US on Friday. The euro had marked a sharp drop from $1.3845 earlier that day but losses were generally contained this morning.
FX: not there yet
Draghi did it. A strong correction in the EURUSD is not a change in trend, but the trend support is near…
EUR/USD Analysis
Euro opened at $1.3785 at the bottom of range as the euro continued to feel the effects of ECB Draghi’s dovish remarks. The weak euro tone persisted in early NY trading as euro-yen supply pressured the downside,
Daily FX Wrap and Strategy
The NZD lost ground amidst a backdrop of USD strengthon Friday, with NZD/USD weakening by 0.4% to 0.8610.The picture was decidedly more mixed on the crosses, however, with slight gains seen against the EUR and the GBP.
Weekly Economic & Financial Commentary
U.S. Review From Bad to Worse: A Contraction in Q1 GDP Growth? · The trade balance data this week, for March, showed that the trade deficit was $40.4 billion,