Tag Archives: EUR/USD
FX Daily Majors
Today’s highlights: * GBPUSD has found selling at 1.6115/25 – the “neckline” to the recent top and 61.8% retracement barrier.
Morning FX Market Commentary
Dollar hardly profits from strong ISM On Tuesday, EUR/USD traded with a slightly negative bias. Traders were cautious on the euro ahead of the ECB.
Beware the squeeze – can’t get excited with ECB
We don’t think it is a big deal if the ECB cuts interest rates in December, or even today.Cash EONIA is already at 9bps, not rising to 25bps until January 2015.
The Global Macro Pulse
Overnight Price Action Most equity markets are down in Asia today. S&P futures are off 0.2%, the Nikkei has fallen 0.6%, the HSI is off 0.7%, Kospi is down 0.4%, and
FX Daily
Market movers today * We expect ECB to refrain from cutting rates in connection with today’s meeting but instead signal a rate cut in December.
Still a € & $ waiting game. €/SEK & €/NOK upside risk
EUR/USD: Also yesterday the market continued to consolidate,digesting the impulsive decline last week. With a minimumcorrection target, 1.3535,
Daily Market Technicals
EUR/USD held between the 50.0% and 38.2% of $1.3105-1.3832 while bears failed to test the Jul 10 support line yesterday. Daily studies are slowing near oversold levels so failure by bears to
UBS Morning Adviser
AUDCAD: A Short In the Making Attention is focused on today’s ECB policy decision and Friday’s US nonfarm payrolls report, but relative value FX opportunities elsewhere are still worth monitoring.
EUR/USD Analysis
The pair was carried up to a $1.3548 high overnight in the US as rate cut expectations were pared back and aided by MNI’s ECB sources article supporting that view.
Daily FX Wrap and Strategy
The NZD sits higher, around 0.8380 this morning. Yesterday was all about the NZ employment report. This showed the economic upswing is starting to show up in the labour market.
EURUSD – expecting ‘ a wave-5 down to drift towards 1.3442 today
Monday our call was for a corrective bounce from a strong support zone…that correction has taken place via asideways, a-b-c range.
Daily FX Update
USDCAD UPSIDE RISK; EURUSD DOWNSIDE RISK * USD is weak as market focuses on potential for Fed to lower unemployment threshold but with some caution ahead of ECB & nonfarm.