Tag Archives: EUR/USD
A weaker € + a stronger NZD = a €/NZD sell
EUR/USD: After the mid body test (of the Mar 19 falling benchmarkcandle) and rejection the market has been mainly on thedefensive. Yesterday’s close,
FX Daily
In Europe the main focus will be on the release of money supply and credit data inthe euro area for February. In general the data have been weak, albeit there was aslight improvement in January.
Daily Market Technicals
The move lower continues following Tuesday’s failed attempt to head higher stalling at the $1.3879 level. Immediate focus remains on the $1.3749 low from Mar 20 & 25 with
EUR/USD Analysis
The pair spent another dull Asia-Pacific morning trapped in narrow ranges again, spending a significant portion of the morning essentially flat around $1.3780.
Daily FX Update
Risk appetite is positive as equities rally; WTI oil appears comfortable around $100/barrel, bond yields are lower across Europe and stable in the U.S. and the USD is mixed.
US Morning Update
The USD’s performance has become increasingly more mixed each morning this week. This has been helped by long USD position covering and
FX Daily Majors
Today’s highlights: AUDUSD’s break above the 200-day average at .9137 reinforces the base, and we stay bullish for .9410/.9510.
The Global Macro Pulse
AUD stole the spotlight in FX, rallying towards 0.92 on RBA Stevens’ speech. This helped boost AUDNZD to 1.0696. The rest of the G10 FX complex was more subdued.
CAD should soon weaken again, while the AUD could extend gains
EUR/USD: It’s still a near-term intraday wasteland between 1.3760/50and 51.3880. The ascending 55day exponentially weightedmoving average band still supports but
UBS Morning Adviser
US Current Data Outperformance Being Ignored Many investors have pondered how the market has been able to ignore what appeared to
FX Daily
Today’s data calendar is fairly light in terms of data releases, with the highlight beingUS durable goods orders for February. Durable goods orders declined relativelysharply in
Daily Market Technicals
The correction lower from ahead of the $1.3948-66 region Thursday saw the EUR/USD break and close below the rising daily channel base and 21-DMA. Tuesday’s failure to surmount the