Tag Archives: EUR/USD

Daily Technical Report

EUR/USD continues to grind higher afterhaving successfully tested its recent low at1.3296 (see also the 50% retracement). Aresistance stands at 1.3548 (see also the brokenrising channel).

FX Daily Majors

Today’s highlights: * USDJPY stays bullish for 100.62 next, above which should see a test of more important resistance at 101.54/61.

Morning FX Market Commentary

Dollar under (slight) pressure On Friday, the dollar lost some ground after some disappointing US eco data.

The Global Macro Pulse

Overnight Price Action S&P 500 futures are down 0.1%. The Nikkei is essentially flat, but most other Asian equity markets are up,

€/$ at the crossroads. NOK/SEK making way north

EUR/USD: Something’s gotta give way. There’s not much room left to maneuver in without breaking below the floor of the bear flag (preferred scenario) or

FX Daily

Market movers today * Today there might be focus on the political situation in Italy after Silvio Berlusconi’s Freedom Party officially split during the weekend.

UBS Morning Adviser

Pensions and FX Japan’s public pension funds have been under the microscope ever since a government-sponsored committee was set up in July to review how the industry operates.

EUR/USD Analysis

The pair also saw a subdued start in early Asian trading to start the new week after it marked a $1.3447 to $1.3506 US trading range on Friday and then opening at $1.3502 today.

Daily FX Wrap and Strategy

After relatively range-bound trading on Friday, the NZD/USD gained momentum on Friday night as the USD weakened. The NZD/USD closed the week above 0.8330.

“Confidence leaves on horseback, but returns on foot” – Dutch proverb Listening to ECB’s Mersch last Friday, I got the impression that further ECB measures are not imminent and the outright QE, hinted by Praet last week, while legally possible, is not on the cards.

Weekly Economic & Financial Commentary

U.S. Review: A Little Less Shine on the Data * The trade gap increased more than expected in September as exports slipped 0.2 percent and imports rose 1.2 percent.

Weekly CFTC Trader Positioning Data

USD BULLS GAIN GROUND Sentiment is growing increasing bullish USD; but with the exception of EUR and