Tag Archives: EUR/USD

Weekly Economic & Financial Commentary

U.S. Review Is the Economy in a Freeze? · Businesses added 113,000 jobs in January, which was fewer than expected.

Daily FX Update

Domestic drivers are dominating FX movement ahead of the dual NA employment releases, with AUD & EUR weaken-ing, respectively, on the back of the Statement on Monetary Policy and

Daily Technical Report

EUR/USD has broken the resistance at 1.3573(31/01/2013 high, see also the steep decliningtrendline), opening the way for further shorttermstrength.

FX Daily Majors

Today’s highlights: AUDUSD immediate risks stay higher to .9079/87, which we look to cap to keep the medium-term bear trend in place.

The Global Macro Pulse

The USD was relatively steady against majors ahead of US payrolls. EURUSD was unchanged at 1.359, holding onto gains post yesterday’s less dovish than expected ECB.

JPY correction running late. More bond correction.

EUR/USD: The 1.3494/99 break didn’t yield the anticipated rush to sellon the contrary a veritable buying spree followed returningabove 1.3499.

FX Daily

The US labour market report for January will be the main market mover. We expect the labour market to have picked up some momentum although the bad weather,

Daily Market Technicals

EUR/USD climbs above the Sept 6 support line which becomes key initial support at $1.3582. Bears look to retest but bulls aim to hold above, further gains could see daily studies turn higher also.

The pair opened at $1.3592 after chopping around in a $1.3482 to $1.3619 range during the overnight session, with the ECB meeting outcome and President Draghi’s remarks contributing to the euro’s moves.

UBS Morning Adviser

Follow the risk reward for dollar trades After two difficult weeks risk appetite is finally showing signs of stabilising.

EURUSD – bear flag forming with minor support at 1.3500/3477

The structure off the 1.3477 low still appears corrective and fits as a wave-iv within a still unfolding decline. Prices are consolidating below support near 1.3525 and 2 projections align at 1.3444 below.

Daily FX Update

Markets are showing signs of relative calm into the NA open and Friday’s nonfarm payroll release. Equities are higher, oil prices are up however with the U.S. 10year at 2.67% and