Tag Archives: EUR/USD
EUR/USD Analysis
The pair was dragged lower last night by deemed dovish commentary from European Central Bank President Mario Draghi and dropped from highs near $1.3808 to a $1.3698 low in the US session.
Daily FX Wrap and Strategy
The NZD continued its steady slide lower, falling by 0.4%against the USD, to 0.8540.There was no new news relevant to the NZD yesterday.
The Euro Post-ECB Down But Not Down And Out
The euro made slow progress lower Thursday, even though the European Central Bank did not ease monetary policy as some expected and or hoped.
Daily FX Update
Yesterday as the S&P closed at a record high, the US 10year yield flirted with a one month high and a break of its multi‐month range and the USD was strong.
US Morning Update
It does appear that some small stops were triggered in GBPUSD following the weaker Services PMI. Otherwise, G10 activity was very limited this morning.
Credit Agricole: 3 Key Themes Driving The USD
The key feature of the foreign exchange markets has been the USD’s lack of follow through after the hawkish FOMC. Indeed, while the USD has traded largely flat against the majors,
Daily Technical Report
EUR/USD weakened yesterday, breaking theshort-term rising trendline. Furthermore, thedeclining trendline still favours a bearish bias.Key supports stand at 1.3705 and 1.3643.
The Global Macro Pulse
The overnight rise in US yields has combined with pre-ECB and pre-payrolls positioning to give the dollar support. EURUSD dipped to 1.3759, USDJPY rose to 104.0,
FX Daily
Today’s main event will be the ECB meeting. The probability of immediate easingfrom the ECB has declined as indicated by statements from vice presidentConstancio that “the low figure of inflation in
Dollar and NOK/SEK liked higher
EUR/USD: The past three days has developed into a relatively bearishpattern with each day printing a marginally new high beforefalling back and closing below the 2008 top line.
Daily Market Technicals
The recovery from $1.3705 appears to have run out of steam ahead of the 21-DMA with a close above needed to give the bulls hope and retest the key $1.3879 resistance targeted.
UBS Morning Adviser
Does anyone want to win the balance sheet stakes? President Draghi can expect the usual questioning monetary conditions on Thursday.