Tag Archives: EUR/USD
Daily FX Update
Markets continue to react to yesterday’s FOMC meeting with a strong USD, soft equities and the US 10‐year yield up to2.78%. The pulling forward of interest rate hike expectations to
Daily Technical Report
EUR/USD declined sharply yesterday,breaching the key support at 1.3834. However,the support implied by the rising channel(around 1.3804) is intact.
FX Daily Majors
Today’s highlights: USDCAD above key resistance at 1.1225/1234 completes a “triangle” continuation pattern, and we maintain our 1.1666/1766 core target.
The Global Macro Pulse
The more hawkish than expected FOMC has led equities to sell off across the board in Asia. Although the Nikkei opened up, it is down about 1.5% at the time of writing.
Comeback for the greenback. More NOK losses seen.
EUR/USD: Once the 1.3879 support gave way the market acceleratedits decline and continued down to the 2011 top line beforehalted.
UBS Morning Adviser
Has liquidity preference in the CHF peaked? The SNB is expected to continue anchoring its policy firmly beyond today’s meeting,
FX Daily
The US Philadelphia Fed survey is expected to rebound in March following the sharpdrop in February. The number will give further input to how much activity is comingback and
Daily Market Technicals
The sharp move lower on Wednesday sliced through layers of support before stalling just short of the 21-DMA. Bulls will now be looking for a close above the $1.3879 level that previously supported on
EUR/USD Analysis
Less dovish comments from the Feds sparked a selloff in the euro during NY session, sending the pair down to $1.3810 before closing at $1.3833.
Daily FX Update
Markets are relatively stable leading into today’s FOMC decision. The USD is broadly but immaterially stronger; equities are flat, the US 10‐year is stable at 2.67% and oil prices continue to hoverjust below $100.
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high).
FX Daily Majors
Today’s highlights: NZDUSD’s break above the medium-term “triangular” range at .8584/87 suggests a more important bull phase may be underway.