Tag Archives: EUR/USD
UBS Morning Adviser
Relative Value Comes Of Age The dollar’s trajectory still depends largely on the path of US monetary policy,
EUR/USD Technical Analysis
(1,3534) The EUR/DOLL is still well bid above 1,35 after another positive closing last night. Further strength is possible toward next key level at 1,3711, February’s high.
Daily FX Wrap and Strategy
A weak fight back in the USD knocked the NZD/USD off yesterday’s 0.8430 post GDP/FOMC highs. However, at 0.8370, it remains almost 2½ cents above where it started the week.
Daily FX Update
USD BULL STORY SHIFTS TO MORE BEARISH * USD is weak as Fed’s decision not to taper & a challenged communication style proves USD negative. These are major shifts for FX markets.
FX Daily Majors
Today’s highlights: * EURUSD’s break above the range highs at 1.3418/52 opens up a move to 1.3597/98, through which would aim at the February peak at 1.3711.
The Global Macro Pulse
Overnight Price Action Unsurprisingly, most Asian equity markets are up in the wake of the Fed shock. The Nikkei has risen 1.5%, the HSI is up 1.7%,
Morning FX Market Commentary
Fed hammers US dollar The Fed decision not to taper the asset purchases pushed the dollar off a cliff. EUR/USD spiked north of the 1.35 threshold.
FX Daily
Market movers today * The Fed surprised the markets yesterday as it did not reduce the monthly bond buying
Heavy $ losses across the board. AUD/NZD break.
EUR/USD: Given the break above the summer peak an alternate wave count, a still uncompleted upside correction, must be put in place.
UBS Morning Adviser
A Very Dovish Fed The surprise decision by the Federal Reserve to delay tapering its current round of quantitative easing is a major setback to our longer-term bullish dollar view.
EUR/USD Technical Analysis
(1,3536) The EUR/DOLL confirmed a very strong closing, well above the 1,3450 level confirming therefore a possible bottom below 1,28 with
Daily Market Technicals
EUR/USD spikes massively higher to stretch studies further into overbought territory, bulls now trade above daily Bollinger band after hitting a high of $1.3542 yesterday, now initial res.