Tag Archives: EUR/USD

A “Bearish engulfing candle” in cable has been added

EUR/USD: Nearby short-term refs to keep an eye on are located at1.3400 & 1.3585 and one has to yield to show the way. Nextabove would then be a weekly mid-body point at 1.3645 and

Daily Market Technicals

EUR/USD continues to trade below channel base but with bulls pressuring the upside, however weekly studies show continued bear-divergence which adds risk lower.

Price Surprises Surprising The window for the ECB Governing Council to act on deflation pressures appears to be closing as even the Bank of Spain Governor noted on Monday that there was no risk of deflation in his country.

EUR/USD Analysis

The pair opened at $1.3517 this morning after a $1.3490 to $1.3528 range in the US last night. It witnessed a slow grind higher, nudging past the US high after Japanese stocks opened but

Daily FX Wrap and Strategy

The NZD/USD barely budged overnight, despite most G10 currencies feeling the pinch of a broad-based strengthening in the greenback. It opens this morning around 0.8190.

Technician

EUR/USD: Short-term momentum remains pro-decline (ROC20), but medium-term dynamics are clearly changing towards pro-growth momentum.

FI Viewpoint: xCcy basis swap monitor

In this note, we look into recent development on the xCcy basis swap markets. The focus is tilted towards scandi currencies.

EURUSD – Euro rally fails at underside of 2 channels

Last week’s deep wave-2 retracement nearly negated our bearish Euro call but failed at the underside of 2 channels, the first being a bear flag from Nov and

Daily FX Update

RELATIVE CB POLICY OUTLOOK TO REMAIN KEY DRIVER * USD—growth outlook is focus this week given housing releases.

Daily Technical Report

EUR/USD has risen for the last two days,reflecting a persistent short-term buying interest.Monitor the resistance at 1.3579. Supports are at1.3400 (21/11/2013 low) and 1.3296.

Morning FX Market Commentary

IFO triggers euro rebound On Friday, the euro gained across the board as the German IFO business confidence was reported well above consensus.

The Global Macro Pulse

The dollar has rallied across the board, led by USDJPY jumping to 101.75. AUDUSD has traded down to 0.9157 vs. the USD and 1.1148 vs. the NZD while EURUSD has nudged lower to 1.3544.