Tag Archives: EUR/USD

EUR/USD Analysis

A very quiet start for the pair after it opened at $1.3870 this morning as it kept to a tight $1.3860 to $1.3872 range early this morning.

Daily FX Update

European currencies are strong others are flat as the market digests what has generally been growth supportive developments this week. A non‐event Fed meeting,

EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. The rebound near the keysupport at 1.3780 (09/04/2014 low) has pushedprices close to the top of the recent range.Monitor the resistance at 1.3906.

UBS Morning Adviser

Yesterday onshore USDCNY crossed 6.2650 intraday; 1.74% above fixing Until recently USDCNY spot has stayed slightly above 1% from official fixing,

FX Daily

We see further improvement in ISM manufacturing for April as jobless claimsand regional surveys point to a decent rebound in activity going into Q2.

Daily Market Technicals

The sharp move lower Wednesday again managed to dip below the 21-DMA before recovering to close above with the result being a triple daily top around the $1.3879 level.

EUR/USD Analysis

The pair started this morning at $1.3867 after last night’s $1.3844 to $1.3877 range in the US. Euro-dollar drifted marginally lower to a $1.3863 low but found minor demand interest from below $1.3850,

Daily FX Wrap and Strategy

The NZD/USD pushed higher in the early hours of thismorning, in the backdrop of a weak USD. It sits at 0.8620this morning.Yesterday’s ANZ business survey showed an expectedpullback in its headline readings.

Daily FX Update

Entering today’s risk laden session most asset classes are relatively stable. Equities are vaguely weaker, the US 10‐year yield is trading at 2.7%, the USD is mixed and gold is soft.

Daily Technical Report

EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. Despite yesterday’sweakness, the short-term technical structure ispositive as long as the support at 1.3780(09/04/2014 low) holds.

FX Investors – Don’t give up!

It’s been a torrid year for FX investors. One measure of currency investorperformance, the Stark currency managers’ index, shows that investors aredown almost 4% this year.

The Global Macro Pulse

USDJPY took a dip to 102.40 before BoJ decision and has been unchanged post BoJ, EUR was flat at 1.381 ahead of today’s flash CPI release.