Tag Archives: EUR/USD
UBS Morning Adviser
Fiscal Sensitivity Rising Tuesday’s weak auction of US 4w T-bills added to market concern over the fiscal impasse in Washington,
FX Daily Strategist: US
Risks for further JPY upside ahead of October 17 Both JPY and CHF are under some pressure this morning while the higher-beta currencies (AUD, SEK and NOK)
FX Daily Majors
Today’s highlights: * USDJPY spotlight stays on its 200-day average at 96.73. Below can target 95.80/63.
FX Daily Strategist: Europe
USDJPY vulnerable to debt ceiling worries Democrats and Republicans remain in deadlock and President Obama has indicated he would accept a short-term increase in the debt ceiling to avoid default.
The Global Macro Pulse
Overnight Price Action The 0.9% fall in the S&P overnight led most Asia equity markets to open weaker, but they rapidly reversed to trade up on the day.
FX Daily
Market movers today * Focus in the market will continue to be on political developments in the US although a decisive breakthrough in the political wrangling does not appear to be imminent.
Markets look contained in the wake of the U.S. budget stalemate
EUR/USD: Action was lukewarm, at best, yesterday. But with the market staying below Fri’s mid-body point of 1.3590there is a near-term downside tilt.
Daily Market Technicals
EUR/USD recouped some of the losses from the bearish engulfing candle which still awaits confirmation despite the bearish daily studies.
UBS Morning Adviser
Growth Risks Not Priced Yet The market’s ongoing serenity in the face of the US’ fiscal risks has confounded many.
Daily FX Wrap and Strategy
Currency markets continue to be held hostage by US budgetary wrangling. Most of the major currencies drifted overnight as investors played the waiting game.
EURUSD – a-b-c correction to 1.3462/48 and then a new high
We raised the case Friday that “waning momentum [was] threatening [the] latest 1.3573 breakout”.
FX Daily Strategist: US
USD still vulnerable to debt ceiling worries The slight firmer tone seen by the dollar on Fridayappears to have been no more than short-covering ahead of the weekend against the risk of positive news on the US political front.