Tag Archives: EUR/USD
EURUSD – key range today is 1.3773 to 1.3833; 2008 downtrend surfaces
The lack of a sustained downtrend from December’s reversal shifted our outlook and the idea that another test (or marginal breakout) of 1.39 was likely.
Daily FX Update
An easing in disinflationary pressures in Europe and Japan removes some of the expected burden on the ECB and BoJ for policy action.
Euro area: Inflation surprises to the upside
The flash estimate of Euro-area HICP inflation in February came out at 0.8% y/y, which is unchanged from the revised January number and a small upside surprise to our expectations and consensus expectations of 0.7%.
Daily Technical Report
EUR/USD bounced sharply yesterday,invalidating the short-term double-topformation. Hourly resistances now stand at1.3727 (intraday high, see also the 61.8%retracement) and 1.3773.
FX Daily Majors
Today’s highlights: NZDUSD’s break through .8367/94 targets .8432/39 above which would set a bigger base.
The Global Macro Pulse
CNY staged the biggest intra-day drop since 2007 to 6.1760, a move which seems to have been driven by the PBoC. It has since retraced to 6.1640, about 0.7% above the fix from a high of 0.9% earlier.
JPY strength. USD/CNH peaking? EUR/SEK higher.
EUR/USD: The pair initially fell down to a 1.3643 low to completed anhourly five wave pattern down from the recent high point.The following bounce,
FX Daily
Euro inflation will likely drop to a new cycle low of 0.6% in February, whichadds pressure on the ECB ahead of the meeting next week.
UBS Morning Adviser
Non-financial risk aversion’s fading impact To many investors February 27th was probably one of the most significant days to be ‘risk averse’ on the back of geopolitical risk only.
Daily Market Technicals
EUR/USD sees the daily and hourly studies remain weak. They now turn attention to moving averages at $1.3632/48. Further resistance is now at $1.3774 and the $1.3811/29 region from a number of daily highs,
EUR/USD Analysis
The pair started last night’s US session near the weaker end of a $1.3643-96 range following softer German state CPI data, and ongoing tensions in parts of the Ukraine but
EUR Rebound Seen As Short Squeeze Ahead Of Inflation Data
The euro spiked higher versus the dollar and on the crosses Thursday, despite the release of German data earlier, showing lower-than-expected inflation and