Tag Archives: EUR/USD
Will ADP be more important during the shutdown?
Today’s FX daily begins with a very simple question: will the market react more strongly than usual to ADP now that Friday’s NFP data may be delayed?
The Global Macro Pulse
Overnight Price Action The overnight appreciation of the yen helped push the Nikkei down 0.8% despite the 0.8% rally on wall street overnight. S&P futures are down 0.2% in Asia.
The dollar is fighting back and so is the yen & the krona
EUR/USD: The failed attempt above the Sep high has added a potentially bearish “UpThrust” to consider. A “Lower Range Extension” today (a lower break out of the opening hour range)
FX Daily
Market movers today * Focus on politics in both the US and Italy. While we will likely have to wait before anything new happens in the US deadlock,
EUR/USD Technical Analysis
(1,3525) The EUR/DOLL formed a negative day reversal after an overshooting of the previous high finding however good resistance just below 1,3590.
UBS Morning Adviser
Watching US, Focus at Home The ECB was already entering this month’s decision with its hands full but
Daily FX Wrap and Strategy
From hero to zero. After storming to the top of the currency performance rankings yesterday, the NZD has been the weakest performing currency over the past 24 hours.
Daily FX Update
USD IS NOT RALLYING ON GOVERNMENT SHUTDOWN * USD is mixed as US government shutdowns & debt ceiling looms.
FX Daily Strategist: Europe
Political gridlock results in partial government shutdown The government appears to be entering into partial government shutdown mode for the first time in 17 years following a failure of Congress to provide a resolution.
Morning FX Market Commentary
US government shutdown puts dollar under additional pressure A quite uneventful session left EUR/USD little changed in the close. Sterling remained well bid due to its current “safe haven” status.
EUR/USD Technical Analysis
(1,3545) The EUR/DOLL failed also yesterday to move below the now strong support area at 1,3460; while above this support on a daily closing we have to expect further upside potential.
FX Daily
Market movers today * The US government shut down for the first time in 17 years and focus now turns to how long it will last.