Tag Archives: EUR/USD

FX Daily Majors

Today’s highlights: GBPUSD stays bullish to test the multi-year range highs at 1.7044, then 1.7287 with our core target at 1.7332.

The Global Macro Pulse

In FX, AUD was the big mover in early trading, rallying 0.4% to 0.937 on the back of good employment data and stronger-than-expected China trade. EUR found support around 1.3906 and

UBS Morning Adviser

Rhetoric becomes fashionable Like the euro, the New Zealand dollar has been propelled higher over the past year.

The dollar is approaching key support levels.

EUR/USD: The slow slide back to the mid body point, 1.3905, ofWednesday’s bullish candle is probably enough correctionso for today focus will be on a resumption of the climb.

We expect today’s ECB meeting to be another wait-and-see one without any neweasing measures. MarioDraghi is expected to continue to sound very dovish as inflation in April again wasbelow ECB’s expectations,

Daily Market Technicals

The $1.3889-1.3905 region continues to support the EURUSD with immediate focus remaining on the $1.3967 2014 high until a break lower is seen.

EUR/USD Analysis

The pair started in Asia at $1.3910 after a $1.3912 to $1.3939 range in the US last night. Muted early moves saw euro-dollar in a holding pattern at the $1.3910/12 area, before it dipped slightly to $1.3906.

BNPP Introduces A New Forecasting Model

BNP Paribas today introduces a new forecasting model ‘CLEER’ which is a medium-term fair value model for currencies.

Daily FX Wrap and Strategy

Reversing the previous day’s moves, the NZD stands outover the past 24-hours as the weakest performing majorcurrency. The NZD/USD sits 0.70% lower, at 0.8680.

Daily FX Update

A lack of follow through of yesterday’s USD weakness is a warning but the downward trend remains strong. Event risk today is centered on Chair Yellen,

Euro Strength & Dollar Weakness: The Missing Link

Everybody seems to be searching for the missing link. Why is stronger US data not feeding into US rates and a stronger dollar?

EUR/USD: Upside Risk Intact If No Aggressive ECB Action On Thurs

The EUR has been in demand of late, mainly on the back of the notion that there is little risk of the ECB considering unconventional policy measures such as cutting the deposit rate negative as soon as this week.