Tag Archives: EUR/USD

FX Daily

Focus will be on the US employment report for December and we expect it to be strong. We expect non-farm payrolls to have increased by 205,000 in December mainly driven by

UBS Morning Adviser

Dollar’s risk status still unclear Our economists have chosen not to take the ADP figure as signal for stronger payrolls,

€/$ congestion before lower. €stoxx50 double top?

EUR/USD: Despite the downturn and a fresh low a few points beneaththe 1.3550/70 support zone sellers were unable to followthrough.

Daily Market Technicals

EUR/USD now back above Jul 9 support line at $1.3582, a level which bears likely aim to test again, but key support is now seen as the 100-DMA at $1.3548 as it held the downside yesterday.

EUR/USD Analysis

It’s been another lackluster session in Asia for the euro-zone currency after it fell to a $1.3549 low last night following the ECB rate decision and President Mario Draghi’s press conference.

Daily FX Wrap and Strategy

The NZD/USD trades a little lower around 0.8240 early thismorning.Overnight, all eyes were on Europe as the ECB and BoEannounced rate targets.

Markets are mixed leading into today’s ECB pressconference and tomorrow’s nonfarm payrolls report. Soft inflation datafrom China weighed on growth sensitive currencies (CAD and AUD) inthe Asian session;

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.

FX Daily Majors

Today’s highlights: USDCAD approaches the 1.0854 2010 peak. We allow for an initial hold here, but expect an eventual break higher to confirm a much larger base, for 1.1234.

UBS Morning Adviser

Critical Mass Approaching The new year is just over a week old, but already a confluence of factors are falling into place in support of the US dollar.

FX Daily

The main event is the ECB meeting, where inflation will be top of the agenda again after core inflation reached an all-time low of 0.7% in December.

Falling commodity ccy’s. USD/Scandies bid.

EUR/USD: The market yesterday with a slim margin closed below the55d ma band hence posting yet another bearish message.