Tag Archives: EUR/USD
Daily FX Wrap and Strategy
The NZD stands out as not only being the strongest performing currency over the past 24 hours, but also one of only a few to actually move in the languid pre-FOMC trading conditions.
US Morning Update
Major Overnight Headlines • UK headline YoY CPI at 2.7% in August (in-line) as transport and clothing costs weigh; core unchanged at 2.0%
Morning FX Market Commentary
Dollar remains in the defensive ahead of the Fed The dollar was hit on Monday morning as Larry Summers dropped out of the race for Fed president.
The Global Macro Pulse
Asian equity markets have generally given up some of yesterday’s gains despite the S&P rising 0.6% overnight.
FX Daily Majors
Today’s highlights: – EURGBP maintains a top beneath .8398 and we stay bearish for .8285 next, then .8165/55.
Downside hesitation in many dollar-crosses
EUR/USD: A late topside rejection yesterday shows topside hesitation. The relatively low session close may spill into sentiment today and trigger a 1.3275-1.3255 re-test.
FX Daily
Market movers today German ZEW expectations will show a strong improvement in September according to our model,
EUR/USD Technical Analysis
(1,3337) The EUR/DOLL confirmed a strong closing above the top of the last few sessions suggesting further upside potential probably toward a retest of the 1,3450 area.
UBS Morning Adviser
Seeking Fed Fades The past 48 hours of news-flow from the US have suddenly cast Fed expectations in a new light.
Daily Market Technicals
EUR/USD still holds above the weekly resistance line from May 2011 but yesterday’s session left a long upper-shadow to caution bulls and add pressure lower.
Daily FX Wrap and Strategy
The NZD/USD was launched higher yesterday morning. Subsequently it consolidated it gains until early this morning when it has subsided to 0.8160.
Technician
EUR/USD Momentum radically changed to pro-growth, but is still relatively weak. 1.3488 level should be strong support for dollar.