Tag Archives: EUR/USD

EUR/USD Analysis

A series of comments from ECB officials overnight proved to be a drag for the euro as it fell to a low of $1.3750 before opening at $1.3826 this morning in Asia.

US Morning Update

The USD was mostly stable-to-higher during the London morning, with the DXY now sitting just above its 30-day moving average and at about the middle of yesterday’s range.

Daily FX Update

Markets are notably quiet with a slight preference for risk appetite leading into the NA open. In FX most currencies traded in notably small ranges during both the Asian and European sessions.

Daily Market Technicals

Support from $1.3762 provided the springboard for Monday’s bounce, which having breached $1.3810-12, aims for a test to $1.3884-$1.3899.

Daily Technical Report

EUR/USD has risen sharply, moving above theresistance a 1.3845. However, the failure to holdabove this level suggests a potential falsebreakout. A resistance now lies at 1.3876.

FX Daily Majors

Today’s highlights: AUDUSD focus remains on the 200-day average at .9138, a close above which can reassert a “head & shoulders” base, for .9410/.9510.

G10 FX price actions have been lackluster. The EUR was flat at 1.3830, USDJPY rose very marginally to 102.33 while AUD pulled back to 0.913, essentially unchanged from its NY close from a high of 0.916.

Weaker pound and an annoying USD/SEK “UpThrust” noted

EUR/USD: The market closed the session off the session’s best but stillhigh enough to show some kind of near-term demand – inspite of an earlier in the session break below 1.3766 whichindicated a completed correction higher.

UBS Morning Adviser

Is relative market calm in EM due to lighter activity? In recent weeks EM FX markets have shown remarkable resilience in the face of

FX Daily

In the data calendar the main event is the release of IFO-business climate. We expecta decline in business climate to 110.8 from 111.3 but yesterday’s weak manufacturingand services PMIs for

EUR/USD Analysis

The pair started this morning at $1.3839 after getting a boost last night to $1.3877 high during the US trading hours. But as has been the case in the past few sessions,

USD: To Buy or Not To Buy?

Since last week’s Federal Reserve decision, the dollar has risen solidly against the major currencies, although less so or not at all versus emerging market currencies.