Tag Archives: EUR/USD

Daily FX Wrap and Strategy

The NZD/USD was one of the top performing major currencies overnight, up 0.6% to around 0.8340.

EURUSD – small double top forming at 1.3773. watching break of 1.3718

Last week we showed the daily chart and what we view as a final A-B-C rally from late 2012 to Dec ‘13. The sell-off so far is not convincing and

Daily FX Update

FX markets are active into the NA open; where as other markets have been relatively quiet. The combination of the G20 (see comments below), several central bank interviews,

EUR/USD remains supported by its risingchannel (see also the support at 1.3692). Thebreak of the initial resistance at 1.3728 (intradayhigh) validates a tiny base formation, whichfavours a test of the resistance at 1.3773.

The Global Macro Pulse

The dollar has softened against the EUR and the JPY and an early sell-off in the AUD has largely reversed. EURUSD is at 1.3738, USDJPY has fallen to 102.20,

UBS Morning Adviser

Too soon to rebuild AUD longs Japanese investors have systematically run down their exposure to Australian bonds over the past two years.

EUR/SEK downside correction, bonds in demand

EUR/USD: Last week ended with the highest weekly close of the year(and a third consecutive weekly winner). Together with thebreak above 1.3732 the behavior suggests more topsidepotential near term and

FX Daily

The situation in Ukraine has deteriorated further over the weekend and will likelyattract significant attention today and throughout the week,

EUR/USD Analysis

The pair opened at $1.3733 this morning in Asia following a $1.3705 to $1.3759 range in the US on Friday. Early action saw the pair struggle to extend gains beyond $1.3740 as weake Japanese stock markets weighed against euro-yen.

FX: Denial mode

“When the US sneezes, the rest of the world catches the cold.” Bad US ISM? Weather. Bad Chinese PMI? New Year.

Commerzbank: Next Week’s Ranges & Bias For Majors

Encouraging economic data from the euro area and signs of a weakening US economy have recently buoyed EUR/USD, notes Commerzbank.

Weekly Economic & Financial Commentary

U.S. Review Weather Effects Continue to Influence Economic Data Housing starts plunged 16 percent in January to an 880,000-unit pace. Building permit activity also declined for the month but not as sharply.