Tag Archives: EUR/USD
The Global Macro Pulse
In FX, AUDUSD rose to 0.880 following the release of China’s GDP but has since given up its gains to trade back to Friday’s close around 0.878. Reports of a 6.3 magnitude earthquake near Wellington drove NZD lower initially,
UBS Morning Adviser
Three forces taking turns The Australian dollar weakened during the course of 2013 under the weight of three key forces:
EUR/USD Analysis
The pair opened at $1.3545 this morning in Asia and then followed euro-yen lower to a $1.3508 low less than 30 minutes after Japanese stocks opened in the red.
FX Daily
The US markets are closed due to Martin Luther King day. With no significant data on the calendar either it is likely to be a quiet day.
€ weakness. €/JPY at support. NOK correction.
EUR/USD: With the late decline last week a bearish key week reversalwas created (here seen as a downside continuation pattern)hence enhancing our view of a forthcoming 1.33/34-test.
Morning Report
Asian markets are mildly flower following release of a batch of Chinese data. Japanese Nikkei, Hong Kong HSI, Shanghai SSE and Singapore Strait Times are all trading in negative territory at the time of writing.
FX: surprise me not
With US data/speak front quiet, only EMU data can surprise this week – where to? Commodity currencies still under pressure, Chinese data, especially PMI on Thursday, is key…
Weekly Forex Report
Deflationary forces in the Eurozone to subside? Although a near consensus view, we are of the belief that the US Dollar will continue to gain favour in 2014.
US Morning Update
Once again, we’re pretty much looking for the recent ranges in USDCAD to hold, at least ahead of the key US data this afternoon: 1.090/20 on the downside and 1.0960 on the topside.
Daily FX Update
Leading into a US long weekend and Davos marketsare relative quiet and favouring risk. The USD is mixed with most currenciesbeing driven by domestic stories.
FX At a Glance
EUR/USD: Resistance at 1.37 continues to cap price suggesting downside risks to the daily cloud base and a support zone near 1.3525/50. Bigger picture, a break below this zone would likely confirm a move to 1.33/34.