Tag Archives: EUR/USD
Daily FX Wrap and Strategy
The NZD/USD traded a fairly tight trading ahead of this morning’s US FOMC meeting. Breaking lower after the meeting it sits around 0.8200 currently.
FX Daily Majors
Today’s highlights: * NZDUSD has fallen to our .8232/31 target – the 38.2% retracement of the September/October rally – where we look for a fresh basing effort.
Morning FX Market Commentary
Dollar higher on position squaring Dollar gained ground, as FX investors re-positioned to a more neutral stance ahead of the FOMC meeting.
FX Daily Strategist: Europe
Japanese output surge supports the Nikkei……USDJPY to follow Japan’s factory output rebounded in September to its highest level in nearly one-and-a-half years at 5.4% y/y.
The Global Macro Pulse
Overnight Price Action The dollar rally continued in Asia, albeit with less momentum in the majors. AUSDUSD dipped to a low of 0.9459, but popped back up to 0.9479.
$ recovering ahead of FOMC
EUR/USD: The market has now, with the 1.3733 drop, likely adjustedthe positioning ahead of tonight’s FOMC meeting.Yesterday’s price action,
FX Daily
Market movers today * The statement from the October FOMC meeting is due for release tonight at 19:00 CET.
UBS Morning Adviser
A Lone Hawk Remains Until last week, only two G10 central banks stood ready to tighten. But the Bank of Canada has since dropped its tightening bias
Daily Market Technicals
EUR/USD tested above $1.3800 again but failed here and instead closed at its lowest in 10 days. Bulls may attempt to retest above $1.3800 but
EUR/USD Analysis
ECB’s Nowotny comments that there was little prospect of a rate cut, and although the ECB didn’t like a strong euro, they must live with it, helped euro up to a US high of $1.3813.
Daily FX Wrap and Strategy
A weak AUD/USD and broad-based gains in the greenback have spelled double trouble for the NZD//USD over the past 24 hours. The currency is around 0.8% below levels this time yesterday,