Tag Archives: EUR/USD
Daily FX Update
Markets are shifting to a more negative tone into the NA open with the USD gaining strength, equities pointing to a negative open and the US 10‐year dropping back to 2.68%.
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 (intraday low) and
FX Daily Majors
Today’s highlights: EURUSD’s break above 1.3735/37 sets a better base to target the medium-term downtrend and 2013 high at 1.3847/93.
The Global Macro Pulse
The EUR edged higher to 1.3765, while USDJPY was marginally lower to 102.24. AUD fell to a low of 0.899 before reversing to 0.901. A similar pattern was followed by NZD,
UBS Morning Adviser
GBP’s inflation role needs revisiting BoE policymaker David Miles’ warning on GBP earlier this week indeed proved prescient in the wake of the January CPI report.
Technical Alert: Strong euro, weaker dollar, krona (and possibly also the pound)
EUR/USD: Violation above a Jan peak at 1.3740 is a short-term bullishlead. The move is not stretched and is seemingly working itsway through an “Equality point” at market.
FX Daily
In the US the Fed will release minutes from the 28-29 January FOMC meeting.The speeches ahead of the meeting suggest relatively strong consensus on continuingthe tapering course but
Daily Market Technicals
EUR/USD remains above the former channel top with daily stochastic study remaining firm but other studies approaching overbought levels.
Barclays: EUR/USD: What Will Happen As Deleveraging Runs Its Course?
The ongoing reduction of USD funding pressures in the EUR/USD cross-currency swap market as providing more evidence of the continued deleveraging by euro area banks, notes Barclays Capital.
Daily FX Wrap and Strategy
The NZD was the weakest performing currency over thepast 24-hours, down 0.7% against the USD.The currency was fairly stable until the release of the RBAminutes yesterday afternoon (see Majors).
Daily FX Update
Markets are mixed and relatively quiet leading into a shortened NA trading week. Equities are flat; oil has jumped higher; gold is off its recent highs and the 10year US yield remains close to 2.70%.
US Morning Update
The tone in global equities (Nikkei excluded) was generally ‘risk-off’, with modest declines partially spurred by more evidence that the PBoC is in the process of tightening monetary conditions.