Tag Archives: EUR/USD

FX Daily Majors

Today’s highlights: * EURUSD correction extends, but we still look for an attempt to try and turn lower again from 1.3548/68.

The Global Macro Pulse

Overnight Price Action The S&P 500 faded in late New York, trading to fall 0.4% on the day, but futures are up slightly in Asia.

Morning FX Market Commentary

Dollar remains in the defensive, but no important levels are broken On Monday, the dollar was under some moderate pressure in a session devoid of high profile news.

FX Daily

Market movers today * Financial markets will again be looking for clues about timing of tapering and possible strengthening when Fed chairman Ben Bernanke speaks late tonight.

NOK going weaker again? Stock markets look vulnerable. CRB lower.

EUR/USD: The correctional ascent has reached the starting point of themost recent more notable drop and this area ought toattract sellers once again

EUR/USD Analysis

The pair stalled ahead of the $1.3548 Nov 6 high last night during NY trading and selling against euro-yen yen cross also weighed on the pair.

UBS Morning Adviser

Equities Now Supporting CAD The Canadian dollar has been a key beneficiary of foreign inflows over recent years,

Daily FX Wrap and Strategy

The NZD/USD sits a little higher, at 0.8360, this morning. Yesterday’s NZ Performance of Services Index for October moved up to 52.8, a 1.8 point rise from September.

The JPY under pressure in the short-term

The euro resumed its ascent against all G10 currencies last week, one week after the interest rate cut by the European Central Bank (ECB) and in addition to the EUR/USD returning to 1.346.

Technician

EUR/USD: Combination of 1.3488 level and 60-day moving average should stop correction.

Daily FX Update

STRONG RISK APPETITE WEIGHS ON USD * USD is weak as the Fed outlook & Chinese reforms stoke risk appetite.

New Financial Forecasts

Norway: We expect Norges Bank to cut rates by two times 25bp next summer. There will however not be any such signals at the upcoming MPC meeting in December.