Tag Archives: EUR/USD
Softer commodities and commodity currencies (AUD, CAD & NOK)
EUR/USD: We got the small bounce we were looking for all right, nowthe stage is set for sellers to reenter ahead of 1.3535. If theydo and they close the market low,
Daily Market Technicals
EUR/USD bounced from Jul 10 support line yesterday to close the session a little higher despite bearish daily studies. Bears eye a retest of the support line at $1.3445,
UBS Morning Adviser
ECB Over-positioned? The euro’s limited rebound on Monday suggests that markets are squarely behind expectations for a material ECB policy signal.
EUR/USD Analysis
The pair opened in Asia at $1.3514, following a $1.3492 to $1.3525 range in the US last night. It went up to an early high of $1.3523 as the dollar encountered some early weakness,
Daily FX Wrap and Strategy
The NZD sits a little higher at 0.8280 this morning. Yesterday’s ANZ commodity price index showed world prices for NZ’s main primary export products rose 1.3% in October.
Technician
EUR/USD Combination of 1.3488 level and 60-day moving average may at least sloe down decline.
Daily FX Update
USD LIKELY TO END WEEK ON STRONGER NOTE * USD is broadly weaker; retracing broad strength on the hawkish Fed Fisher. We expect it to rally before week’s end.
US Morning Update
Major Overnight Headlines Euro Area October (final) manufacturing PMIs mixed; pan-Euro Area PMI at 51.3 in-line
FX Daily Majors
Today’s highlights: * EURUSD has extended its collapse to pivotal support at 1.3473/21, which we look to hold for now. Failure would mark a more important top.
The euro is kept on the back foot
EUR/USD: After two days of losses, buyers have responded at supportnear an earlier ref cluster (1.3472/53), at the high end of theFibo adjusted short-term “Ichimoku cloud” and
FX Daily
Market movers today * The final euro area PMI is expected to be unchanged from the Flash estimate (following the release of PMIs in Italy and Spain).