Tag Archives: EUR/USD
Danske Bank: We expect Riksbank to cut rates and raise our EUR/SEK 1M target to 9.00
GBP lost a little territory yesterday against EUR and USD, after a surprisingly low inflation print. With inflation on a declining path,
Morning FX Market Commentary
Sterling hammered after sharp decline in UK inflation An unexpected drop in UK inflation triggered quite a substantial repositioning in sterling.
The Global Macro Pulse
Overnight Price Action Following a 0.2% fall in the S&P 500 overnight, futures are off 0.4%.
The euro is clawing back earlier losses, especially against the scandies
EUR/USD: The market failed to contain the pair inside a contractingcontinuation pattern, but it is likely still a bearishcontinuation formation more like a “Flag”
FX Daily
Market movers today * The Bank of England will release its November inflation report and we expect revisions to higher GDP growth and lower inflation.
Daily Market Technicals
EUR/USD bounced from the 100-DMA to retest resistance around $1.3452/53, the Aug 20 reversal high and hourly high. A break above here targets the key 55-DMA and
UBS Morning Adviser
Positioning For QIF For sterling, it appears that Wednesday’s inflation report could only offer surprises to the upside.
EUR/USD Analysis
The pair opened at $1.3436 this morning after a relatively subdued $1.3409 to $1.3456 range during the US session overnight.
EURUSD – bearish consolidation below old support
The damage is done in the Euro now that prices have broken both the July up channel and key polarity zone at 1.3462.
Daily FX Update
USD RALLIES; GLOBAL DISINFLATION BECOMES THREAT * USD is strong, trading to two months highs against most currencies.
Global FX Strategy: More weakness for Scandis ahead
Weaker NOK alongside rate cuts We see tapering starting early next year, more or less at the same time as the market will start discounting rates cuts from Norges Bank.
Daily Technical Report
• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). Resistances can be found at 1.3449 (05/11/2013 low) and 1.3548.