Tag Archives: EUR/USD

Daily FX Update

AUD LIKELY TO WEAKEN INTO OCTOBER 1 RBA MEETING * USD is mixed; with the majors & gold outperforming and FX associated with the smaller open economies all underperforming.

FX G10 Morning Trader Views

EUR – Still happy to play long eur against 1.3450 with a stop at 1.3420 for now – we seem to be range playing as we go into month end

FX Daily Majors

Today’s highlights: * USDJPY has found buying ahead of trendline and chart support at 97.78/50 and we look for rebound from here.

FX Daily Strategist: Europe

Sell Cable On Thursday we recommended selling GBPUSD, targeting a move down to 1.5330 with a stop set at 1.6310.

The Global Macro Pulse

Overnight Price Action Asian shares rose, albeit o nly marginally following S&P gains overnight.

Morning FX Market Commentary

Carney’s comments on QE push sterling higher Yesterday’s session was again rather uneventful. EUR/USD reversed its gains eked out on Wednesday.

Market movers today * Focus will continue to be on the political wrangling in the US to secure an agreement on the temporary funding bill for the new budget year starting on Tuesday to avoid a government shutdown.

UBS Morning Adviser

NOK: Revisiting Positioning We have been as stunned by the NOK’s continued reversal as many in markets.

Daily Market Technicals

EUR/USD continues to range with a series of highs trending lower from the Sept 19 reversal high at $1.3569 and the downside finds support around the 23.6% of $1.3105-1.3542,

Daily FX Wrap and Strategy

The NZD/USD found resistance at 0.8300 early this morning, returning to trade at 0.8280 currently. The NZD was predictably range-bound yesterday in the absence of local data releases.

EURUSD – needs a hold above 1.3462 to keep 1.3645 target intact

The bull flag in Euro has not resolved higher yet as expected and it is troubling that prices are breaking the September uptrend.

FX Daily Strategist: US

NFP revisions a risk today for the data dependent dollar At 14 GMT (10am local) the Labour Department will release estimated revisions to monthly non-farm payrolls growth for the 12 months ending in March 2013.