Tag Archives: EUR/USD
UBS Morning Adviser
No change to the QQE target The Bank of Japan’s overnight decision reaffirmed the existing policy stance,
€uro a tad softer. SEK sellers seen returning
EUR/USD: After an initial move higher the market fell back and did soin a rather impulsive manner ending the day with a bearishkey day reversal.
FX Daily
The FOMC meeting tonight should provide few surprises as the Fed tapersanother USD10bn of asset purchases.
Daily Market Technicals
The sharp move lower from the $1.3879 level Tuesday leaves a double daily top in place and combined with the relatively bearish close sees focus shift lower to the key $1.3779 support.
EUR/USD Analysis
The pair opened in Asia at $1.3812 this morning after spending the US session trading between $1.3806 and $1.3857. Early dealings confined euro-dollar to an exceptionally narrow $1.3808 to
Daily FX Update
Market is favouring risk leading into the NA open, with strong equities and a weak USD; CAD is the star performer, up 0.5% since yesterday’s close.
FX Daily Majors
Today’s highlights: NZDUSD has fallen to key price and “neckline” support at .8536/14, beneath which would see the expected better top.
Daily Technical Report
EUR/USD’s decline from 1.3906 (11/04/2014high) has stopped around the 50% retracementmeasured from the low at 1.3673 (04/04/2014).
The Global Macro Pulse
The EUR has climbed steadily to 1.386, back near to its NY high of 1.388. USDJPY is flat at 102.5 with little onshore activity due to a public holiday.
USD & JPY are going through soft patches and scandies get a breather Tuesday
EUR/USD: With support at the high end of the Fibo adjusted short-term”Ichimoku cloud” an attempt above 1.3865 is made. A shortterm127.2% Fibo extension ref at
UBS Morning Adviser
Eurozone inflation release and its currency implications Falling inflation in Europe has become the primary focus in EUR as the market speculates potential ECB QE.
FX Daily
In the euro-area a number of interesting data are due for release. Germany releasesCPI for April, starting with the first Länder CPI at 09:00 CET (Saxony).