Tag Archives: EUR/USD
Daily FX Update
USDJPY FALLS TO SIX‐WEEK LOW * USD is mixed; risk havens JPY and CHF are bid; growth sensitive FX are weak as WB cuts China’s growth forecast. Limited US data today.
FX Daily Majors
Today’s highlights: * USDJPY is closing in on chart and 200-day average support at 96.82/63. Below can target 95.80/63.
FX Daily Strategist: Europe
Political stalemate continues – USD still vulnerable to debt ceiling worries The on-going US government shutdown and looming debt ceiling crisis should continue to dominate market focus in the week ahead.
The Global Macro Pulse
Overnight Price Action S&P futures have fallen 0.7% in Asian trading in response to concerns about the US debt ceiling debate.
Bearish signs for €/$ and £. NOK/SEK higher
Some very interesting developments took place Friday creating possible turnaround patterns in EUR/USD, CABLE, EURGBP, NOKSEK.
FX Daily
Market movers today * Focus continues to be on negotiations about a temporary funding bill for the 2014 budget-year and raising the debt ceiling before 17 October.
Daily Market Technicals
EUR/USD continued to push up towards the $1.3711 reversal high of Jan 2013 – however 10-day momentum study has shown negative divergence since Sept 19.
UBS Morning Adviser
Calm Before The Storm FX markets remain paralysed by uncertainty. Almost three weeks have passed since the Sept 18th FOMC decision and
Daily FX Wrap and Strategy
The NZD/USD showed a bit of volatility at the end of the week to close around 0.8320. With the stalemate in US fiscal negotiations continuing to prevail at the end of the week,
FX Comment: blind spot
“Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.” – A. Einstein
EURUSD – waning momentum threatening latest 1.3573 breakout
The Euro is still well below our longer-term target zone near 1.39 but momentum is warning of at least a minor pullback because of a divergence with price at recent highs.
FX Daily Strategist: US
USD experiencing a slight short squeeze heading into the weekend There remains no end in sight to the partial US Federal government shutdown,