Tag Archives: EUR/USD
Daily FX Wrap and Strategy
The NZD traded sideways ahead of the US FOMC announcement early this morning. It then gapped from 0.8240 to above 0.8300. It now sits around 0.8350.
Daily FX Update
TAPERING, THRESHOLDS, FORECASTS & TONE * USD is mixed as markets await the Fed announcement.
US Morning Update
Major Overnight Headlines • BoE MPC unanimous in keeping policy on hold in Sept., says spare capacity may be starting to “fade”
Daily FX Technical Strategy: Escape routes for the USD Index
Ahead of FOMC, the market has recently cleared bullish USD risk on several crosses and the USD Index is now back on multi-month range lows.
FX Daily Majors
Today’s highlights: – NZDUSD’s extension through .8164/83 reinforces a base for .8297.
The Global Macro Pulse
Overnight Price Action The Nikkei has rallied 2.1% and S&P futures are up slightly, but most other Asian equity markets are down slightly.
Morning FX Market Commentary
Fed decision may trigger next directional move of the USD On Tuesday, most major USD cross rates held close to recent levels ahead of the Fed.
FX Daily
Market movers today * US monetary policy decision. We expect a very gradual start to QE tapering with only 10bn reduction in the monthly purchases.
Surprisingly strong SEK (& CAD)
EUR/USD: The weekly high remains within reach. The high end of the Fibo-adjusted short-term “Cloud” still supports.
Daily Market Technicals
EUR/USD failed to test Sept 16 high to leave an inside-day, the lower high could be the start of a reversal in sentiment while studies are overbought.
UBS Morning Adviser
Conditioning Expectations Expectations for what and how the Fed can deliver its tapering decision are maturing.
EUR/USD Technical Analysis
(1,3355) The EUR/DOLL confirmed a session of consolidation while waiting for the FOMC meeting. It formed a new inside day with 1,3400 – 1,3280 the levels to follow in the coming hours.