Tag Archives: EUR/USD
What if the euro view is wrong?
We have been arguing that EUR/USD should weaken from these levels on the back ofpeaking equity inflows, a turn in rate differentials and building ECB verbal intervention.
The Global Macro Pulse
The dollar is generally flat except against the NZD which rallied following the RBNZ statement. NZDUSD rallied to a high of 0.8637 following the statement,
Daily Technical Report
EUR/USD bounced yesterday near the supportat 1.3780. However, bullish rally is weak. Anhourly support is at 1.3785 (22/04/2014 low, seealso the low of the rising channel).
UBS Morning Adviser
Focus Sharpens on Portfolio Flows Foreign investors were net buyers of Japanese stocks last week,
Stronger yen and lower AUD/NZD
EUR/USD: The market remains rangebound. Support near a weeklymid-body point (1.3790) seems solid and upside attemptsare repeatedly responded to. Outside 1.3785\1.3865 isneeded to show a tilt.
FX Daily
German IFO expectations are due for release and we expect a decline for a thirdconsecutive month although the level is set to remain high.
Daily Market Technicals
EUR/USD bounced from ahead of the 21-DMA, only to remain capped ahead of the key $1.3863 resistance level O/N. Bulls continue to look for a close above $1.3863 to end bearish hopes and
EUR/USD Analysis
The pair opened this morning at $1.3817 after a $1.3811 to $1.3845 range overnight in the US. It crawled up to $1.3822 in early dealings but reversed direction soon after
In G-20 Sandbox, G-3 Rangy So Mkt Eyes EM, Commodity FX
In the G-20 currency sandbox, currency pairs such as the euro and dollar-yen have held in tight ranges recently, leaving traders to explore other more volatile choices in emerging markets and commodities.
Daily FX Update
Australia’s softer inflation data, the euro area’s bal-ance of stronger preliminary PMI’s and concerns over a failed Russian bond auction have driven movement in AUD (weakness),
Daily Technical Report
EUR/USD bounced yesterday near the supportat 1.3780. However, bullish rally is weak. Anhourly support is at 1.3780 (22/04/2014 low, seealso the low of the declining channel).
FX Daily Majors
Today’s highlights: AUDUSD has fallen sharply overnight and we continue to look for a topping process following the move to our .9410/.9510 target.