Tag Archives: EUR/USD
FX Daily
Bundesbank Vice President Sabine Lautenschläger is scheduled to testify before the European Parliament’s Economic and Monetary Affairs Committee at 19:00 this evening on her nomination to the ECB board where she replaces Jörg Asmussen.
UBS Morning Adviser
More BoJ easing still likely The heavy price action in USDJPY after Friday’s payrolls report does not change our fundamental view that the USDJPY upswing is likely to extend this year.
More €/JPY & NOK/SEK losses, NZD in demand.
EUR/USD: With the 1.3550/70 support now thoroughly tested themarket will most likely spend some time in roughly a 1.3570– 1.3770 range before making a new attempt to break lower.
Daily Market Technicals
EUR/USD looks bullish in the short-term after bounce from July support line which is key support at $1.3588. Bears look to retest but we note daily studies show the potential to reverse higher,
EUR/USD Analysis
The pair spent a dull Asian morning holding in a $1.3662 to $1.3685 range today, the high so far holding just shy of Friday’s $1.3688 high seen after the US jobs data.
Weekly Commentary
Before large swathes of the population started theirannual migration to beaches and holiday hotspots aroundNew Zealand, there was a flurry of activity on theNew Zealand data calendar.
Daily FX Wrap and Strategy
The NZD/USD trades higher, at 0.8300, this morning,boosted by Friday night’s US payrolls report.The US payrolls report determined most currency’s fateson Friday night.
FX: from jobs to prices
With UK and US nearing unemployment “thresholds” , inflation will become increasingly more important for currencies.
Weekly Economic & Financial Commentary
U.S. Review Employment Throws a Curve Ball After Fed Tapering • Employment plummeted well below consensus estimates, rising by only 74,000 jobs in December compared to the survey forecast that expected almost 200,000 jobs.
Forex Weekly Report
The Fed is heading towards a slow tapering process The release of the Fed’s minutes illustrated that the critical decision to start of the tapering stemmed primarily from an increase confidence in the strength of the US recovery.
Daily FX Update
Leading into the US employment release, marketsappear positioned for a strong release, which would support a neartermUSD rally. China’s export growth disappointed, rising just 4.3%y/y,
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.