Tag Archives: EUR/USD

European FI Strategy – The heat is on

Market talk To QE or not to QE, the question for the Fed, and soon maybe the ECB…

Daily Technical Report

EUR/USD has broken its short-term risingtrendline, suggesting the end of the recentrebound. A new phase of weakness is favoured.An hourly support lies at 1.3390 (13/11/2013 low).

Morning FX Market Commentary

EUR/USD nosedives on rumours of a negative ECB deposit rate. On Wednesday, the stalemate in EUR/USD was unlocked.

The Global Macro Pulse

USDJPY rose to an intra-morning high of 100.52 before paring back to 100.37. AUDUSD dipped to 0.9308, continuing weakness in New York, driven by the weaker-than-expected HSBC flash PMI for China.

FX Daily

Market movers today * In the data calendar the main events are the releases of flash PMIs for the euro area, Germany and France.

UBS Morning Adviser

Yen Pointers From Nikkei The ‘big’ GPIF announcement has come and gone, and USDJPY watchers are still none the wiser as to when the big structural reforms can materialise.

Dollar’s hot, euros not. Sell commodity currencies.

EUR/USD: So with the final pop up, spiking above the 55d ma band theeight and a half day long correction finally came to an end.

Daily Market Technicals

EUR/USD attempted a break above the $1.3550 level but bulls ailed to sustain the rally into the channel (base now key resistance at $1.3545), weakening daily studies further.

EUR/USD Analysis

The pair started in Asia this morning at $1.3439 after a $1.3415 to $1.3547 overnight range in the US. Fed QE tapering views and

Daily FX Wrap and Strategy

The NZD/USD sits a little lower, around 0.8280 this morning. The NZD/USD, unusually, showed a response to yesterday’s NZ PPI data.

EURUSD – failed attempt at 1.3548 could signal completed flag

The bear flag rally continues from the 1.33 lows and last night the break above 1.3548 resistance failed. Still a lower low is needed to

Daily Technical Report

EUR/USD has breached the resistance at1.3548 (see also the broken rising channel), buthas thus far failed to hold above it, suggesting apotential false breakout.