Tag Archives: EUR/USD

Morning FX Market Commentary

Sterling sharply higher versus both euro and dollar Sterling was the winner of the day helped by a strong labour market report,

The Global Macro Pulse

Overnight Price Action S&P futures are up 0.2% in Asia following a 0.8% rally in the S&P 500 overnight partly in response to the dovish tone of Janet Yellen’s prepared testimony.

USD/JPY make or break? Scandies – time for a pause

EUR/USD: The corrective climb yesterday entered an area whereresistance is expected be firmer (previously broken trendline, the 55d ma band, 38.2% Fibo of the decline and a thelatest reaction peak)

FX Daily

Market movers today * Focus on the euro area with the release of preliminary Q3 GDP figures.

Daily Market Technicals

EUR/USD rises to retest the rising channel base, now initial resistance at $1.3504. Daily studies have turned bullish and a break above initial res could accelerate gains up to

BNZ Strategist

The world outlook remains uncertain but its prospects remain sufficiently strong to add support to a New Zealand expansion which is both broadening and gaining in momentum.

UBS Morning Adviser

G10 Post-Plenum In our Cross Asset Macro Strategy 2014 Outlook (Nov 11th), we highlighted 10 ‘alternative scenarios’ which could seriously surprise markets.

EUR/USD Analysis

The pair started at $1.3487 this morning and then edged up toward $1.3500 in early trade as the dollar weakened following Yellen’s comments.

Daily FX Wrap and Strategy

The NZD/USD continues to hold above key technical support in the 0.8190/0.8220 window. Overnight, the currency was pitched back above 0.8250 by the tailwinds from a weaker USD.

Daily FX Update

BOE HINTS AT 2015 RATE HIKES SUPPORTING GBP * USD mixed, as domestic developments drive FX.

Daily Technical Report

• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). The resistance at 1.3449 (05/11/2013 low) is challenged.

FX Daily Majors

Today’s highlights: * GBPUSD’s break below the 1.5894 October low sets a bearish “double top”.