Tag Archives: EUR/USD
Daily Technical Report
EUR/USD failed last Friday to move below therecent low at 1.3296 (see also the 50%retracement), increasing the odds of a shorttermbounce.
Corporate Hedging Monthly – Monitor
The corporate hedging monitor is slightly less bullish EUR/USD than two months ago as a result of the EUR being less undervalued on a FEER basis.
Fed – ECB divergence: FX implications
A much stronger-than-expected payroll crowned a big week for two majormacro themes: Fed tapering; and EUR disinflation.
The Global Macro Pulse
Overnight Price Action S&P futures are down 0.2%. Friday’s yen weakness has supported a 1% rise in the Nikkei,
€/$ – 1 more low. USD/NOK violated the 6.14 key res.
EUR/USD: The lower high and higher low printed Friday indicates thatwe are in the process of constructing a bear triangle.
Daily Market Technicals
EUR/USD: The move lower Thursday was followed up by an inside day and a relatively bearish close to end last week. The $1.3450 level confirmed its significance on Friday
UBS Morning Adviser
EURUSD has now dropped five big figures in less than two weeks, drivenmainly by fears of a more robust ECB response if inflationary pressures are notrekindled.
EUR/USD Analysis
The pair took a hit to a $1.3318 low Friday in the US after the dollar’s payrolls-driven rally. Euro-dollar however stopped short of a re-test of the post-ECB low of $1.3296 and
Weekly Commentary
Last week’s labour data provided further confirmation thatthe economy grew strongly in the September quarter, butalso suggested that wage pressures are a way off yet.
Daily FX Wrap and Strategy
The NZD was the strongest performing currency last week. Actually, the more appropriate title might be ‘least worst’ performing,
FX Viewpoint: USD bulls awake
“I think I will abstain from judging the markets. This is one of the hardest things to do and it is usually quite useless because they do what they want, no matter what.”