Tag Archives: EUR/USD
Daily FX Update
AUD DROPS ON RBA’S INTOLERANCE FOR STRONG AUD * USD is quiet but favouring strength leading into Wed’s FOMC decision.
FX Daily Majors
Today’s highlights: * AUDUSD breaks below its 21-day average and we stay directly bearish for .9427 – 38.2% of the August/October rally.
Morning FX Market Commentary
Sideways trading Uneventful session kept EUR/USD and EUR/GBP nearly unchanged yesterday.
FX Daily Strategist: Europe
RBA Governor attempts to slow AUD rise AUDUSD slipped half a cent to a low of $0.9505 as RBA Governor Glenn Stevens stated that the current exchange rate was not supported by Australia’s economic fundamentals.
The Global Macro Pulse
Overnight Price Action FX generated the main excitement in Asian trading, although equity markets generally fell.
Extended losses for commodity ccy’s.
EUR/USD: With also a third consecutive day failing above the 1.3803equality point (between the July/Aug & Sep/Oct rise) buyersappears to be running out of steam.
FX Daily
Market movers today * Today’s main economic release is US retail sales for September. The data were collected before the distortion from the government shutdown and political mess.
Daily Market Technicals
EUR/USD failed to test $1.3832 and now closed back below $1.3800, which suggests upside risk weakened. Daily studies may be reversing lower,
UBS Morning Adviser
Dovishness Overpriced? This week seems to be getting off to a slow start and on the face of it for good reason: the Fed and BoJ are to
EUR/USD Analysis
It was a quiet start for the euro this morning as it opened at $1.3785, toward the low end of the overnight $1.3784 to $1.3810 range.
EURUSD – 1.3742/3704 critical support this week
We are showing the weekly chart of the Euro again to clarify our shift from bullish to neutral in preparation for amajor turn in the weeks ahead.
FX Daily Strategist: US
Watch inflation for negative EUR catalyst EURUSD is fast approaching the 1.4000 level where our economists anticipate rising ECB concern.