Tag Archives: EUR/USD
Daily FX Update
Markets are shifting and growing increasingly cautious as EM risk aversion builds, China’s and Europe’s PMIs disappoint, Japan reports a record trade deficit, the Fed highlights it is on track to taper by $10bn per meeting and
Global FX Strategy – The EUR is not “risky” anymore
EURUSD – Toward 1.40 In an environment of low volatility, the underlying driver for the EURUSD is still the relative flows.
CitiFX: EURUSD 3 Downside Risks
EUR/USD’s recent strength seems driven by a combination of euro-positive and dollar-negative factors, but this is likely to be in the process of taking a different turn, argues Citibank.
Daily Technical Report
EUR/USD has broken the key resistance at1.3739, opening the way for a move towards theresistance at 1.3819. Hourly supports can befound at 1.3692 (see also the short-term risingchannel) and
FX Daily Majors
Today’s highlights: USDCAD has staged a very sharp recovery from support at 1.0907 as expected, and through 1.1125/40 should re-open a retest of 1.1225/34.
Sell CAD – buy JPY. Buy €/SEK on a 8.90/91 dip
EUR/USD: With an hourly three wave decline, 1.3774 – 1.3725, the pairis poised for making at least one more high before endingthe current phase.
UBS Morning Adviser
Will G20/IMF Push for Coordination? In its latest pre-G20 staff report, the IMF called upon developed economies to
FX Daily
The main focus will be flash estimates for PMI in the euro area starting with Franceand Germany this morning. We expect the euro-area composite PMI to have movedbroadly sideways in February from the solid 54 level in January.
Daily Market Technicals
EUR/USD still sees the daily stochastic study remaining firm but 10-day Momentum is fading along with the hourly studies. Resistance is now in the $1.3811/29 region from a number of daily highs,
EUR/USD Analysis
The pair started in Asia at $1.3733 this morning following a $1.3725/65 range overnight in the US. It fell to an early Asian session low of $1.3729 as euro-yen and
Daily FX Wrap and Strategy
The NZD has been the best performer amongst its peersover the past 24-hours despite sitting little changed relativeto the USD this morning.
Trade Idea: EUR/USD Longs For 1.38 Break
Credit Suisse and UBS turned to small EUR/USD longs as the pair remain comfortably above the 1.37 level aiming for an imminent break of the 1.38 level.