Tag Archives: EUR/USD

Daily Technical Report

EUR/USD has broken to the upside out of itsrecent consolidation between 1.3780 (09/04/2014low) and 1.3906 (11/04/2014 high), opening theway for a test of the key resistance at 1.3967.

FX Daily Majors

Today’s highlights: GBPUSD stays bullish to the multi-year range highs at 1.7044, then 1.7285 with our core target at 1.7332.

The Global Macro Pulse

The USD has rebounded somewhat after the sharp sell-off overnight. NZD was the main contributor, down 0.8% to 0.869 following the RBNZ jawboning effort.

Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, USD/CAD

EUR/USD: Prior resistance just over 1.39 is converted into presumed support with a mid-body point now contributing to this thought.

UBS Morning Adviser

Market expects BSP to tighten policy at tomorrow’s meeting Bangko Sentral ng Pilipinas (BSP) will hold its May policy meeting tomorrow and

FX Daily

We expect German factory orders to send another signal of solid GDP growth in Q1,as we forecast an increase of 0.4% m/m in March after it rose 0.6% m/m in February.

FI Eye-Opener: Irish confidence surges to multi-year highs

German bond yields mostly edged slightly higher yesterday, but the moves were still quite limited. In the US, yields mostly fell somewhat in the evening,

Daily Market Technicals

The move higher continued for the euro on Tuesday with it making fresh 2 month highs by 3 pips. Immediate bullish focus remains on retests of the 2014 high with

The pair opened at $1.3928 after last night’s impressive rise to a $1.3952 high, its best since March 13. It started the Asian day shuffling $1.3925 and $1.3930 before making a brief run up to $1.3935.

Daily FX Wrap and Strategy

The NZD has rocketed higher on the back of broad-based USD weakness. Its appeal as a carry-trade target currency has it sitting atop the G10 currency leaderboard against the USD. It is up 0.9% to 0.8750, a fresh 2.5-year high.

How High Will The Euro Go?

Anyone wanting to know what the ECB will decide on Thursday should carefully read Draghi’s speech1 from 24 April in which the ECB president outlined the problems that the central bank could address.

Daily FX Update

Global markets coming back from holidays selling the USD as the combination of expansionary PMI releases, an encouraging macroeconomic assessment from the OECD,