Tag Archives: EUR/USD
Daily FX Update
USDJPY RALLIES TO 2‐MONTH HIGH * USD is mixed with the growth currencies strong; while JPY weakens.
US Morning Update
Major Overnight Headlines China to ‘speed up’ interest rate reform, ‘generally reduce’ government intervention in resource allocation
Daily Technical Report
• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). A resistance stands at 1.3548 (see also the broken rising channel).
Morning FX Market Commentary
No additional losses for the dollar on soft Yellen comments EUR/USD didn’t show a clear trend yesterday. EMU Q3 GDP data didn’t support the euro.
FX Daily Majors
Today’s highlights: * USDJPY’s extension through 99.75/99 keeps us bullish for 100.62/88, ahead of key resistance at 101.54/61.
Seeking a stronger dollar. €/Scandies consolidating.
EUR/USD: A first attempt to end the current upward correction wasseen yesterday but was apparently not drawing enoughselling to break down from the bear flag.
FX Daily
Market movers today * The final euro inflation figure will be interesting after the flash estimate dropped to 0.7% and the ECB cut the refi rate.
UBS Morning Adviser
What’s Broken in Scandies? In an environment where markets appear to be seeking daily for the next victim of funding stress and balance of payments problems,
Daily Market Technicals
EUR/USD fades from the channel base to close back below the 50.0% of $1.3105-1.3832 – still at $1.3469 – despite rising daily studies.
EUR/USD Analysis
The pair started at $1.3461 in Asia morning and drifted down to session low of $1.3446 before fresh buying interest in euro-yen dragged the euro higher.
Daily FX Update
USD RALLIES ON RELATIVE GROWTH; YELLEN IS RISK * USD rallies as the relative growth outlook favours the US against Europe; a dovish Yellen is priced in but testimony important (10am EST).
Daily Technical Report
• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). A resistance stands at 1.3548 (see also the broken rising channel).