Tag Archives: EUR/USD
The Global Macro Pulse
A bout of USD strength hit Asian trading. EURUSD dipped below 1.3630, and USDJPY rallied towards 104.4. USDCAD also broke to post 2008-2009 high of 1.0972, while AUD fell to 0.892.
UBS Morning Adviser
Worse to come before it gets better The Canadian dollar continued its slide overnight, with USDCAD rising to highs not seen since Oct. 2009.
FX Daily
In Germany the first GDP estimate for 2013 as a whole will be released and indirectly this should also give us the first estimate for GDP growth in Q4.
Bearish EUR/SEK “Head & shoulders” top formation in place
EUR/USD: The near-term correction higher may be over withyesterday’s toppish looking candle. Extension below 1.3620today would turn focus back on the low end in “the Cloud”and the recent 1.3548 low again.
Daily Market Technicals
EUR/USD fades from 21-DMA and bears now finding support from 23.6% of $1.2755-1.3893 at $1.3624, just below the hourly low. Bears still target key July support line, at $1.3601,
EUR/USD Analysis
The pair started at $1.3679 this morning following a $1.3657 to $1.3690 range in the US overnight. It was kept to a $1.3667 to $1.3680 range in the early part of the morning slipped further in the face of selling from $1.3690 to $1.3710,
Daily FX Update
A $1.1tn US government deal, bank earnings, UK inflation returns to 2% and Japan releases are record current accountdeficit are the developments driving markets into the NA open.
US Morning Update
On the downside, we’re staring some pretty stretched short-term CAD valuations in the face. Yet the CAD still feels fairly well offered so far today. On a weekly basis, last week’s move up in USDCAD was basically 2 sigma.
Daily Technical Report
EUR/USD has thus far failed to break theresistance area between 1.3677 and 1.3687(10/01/2014 high, see also the 38.2%retracement).
Major influence of monetary policy expectations
Generally, the FX market is subject to more long-term trends or regimes, where a specific factorhas an impact on virtually all currencies in a particular way.
The Global Macro Pulse
The USD has regained a bit of its overnight losses. USDJPY has risen to 103.31, having traded as high as 103.50 and AUDUSD has dipped to 0.9036.
USD/JPY bouncing from support. NZD/USD trades towards 0.8415.
EUR/USD: The earlier move up from support is so far not rejected. Withintraday goggles on there is something looking like a bullishflag forming.