Tag Archives: EUR/USD
FX Daily
Market movers today – The main focus today is US retail sales. We expect a decent report with growth of 0.3% in ‘core’ retail sales excluding cars and gasoline.
UBS Morning Adviser
Japan Still Selling AUD Japan’s retreat out of Australian dollar assets continues.
Daily Market Technicals
EUR/USD slips back below weekly resistance line from May 2011 and begins to test support seen from Fibonacci levels of move from $1.3105-1.3325.
EURUSD – 5- waves up complete; minor correction to 1.3282/43
The wave-5 target of 1.3328/35 was satisfied with yesterday’s rally to 1.3325. Now 5 clean waves are in place and wave-1 = wave-5.
Global FI Strategy – A September to remember
Market talk With less than a week to go before the long-awaited September FOMC meeting, the market is finding itself in a wait-and-see mode.
Morning FX Market Commentary
Dollar under slight pressure as core yields are off the highs With little high profile news on the agenda, trading in the major currency cross rates was technical in nature and order driven.
$ on a slippery slope, AUDNZD bear trend reaffirmed
EUR/USD: The market is after yesterday’s advance trading a few points higher than wanted, above the mid body point of the bearish candle a fortnight ago, 1.3303. 1.3322,
FX Daily
Market movers today – We expect euro area industrial production to decline 0.6% m/m in July.
Daily Market Technicals
EUR/USD closed above weekly resistance line from Feb 2013 and bulls look to hold above. Initial support at $1.3291 – 21-DMA, just above the weekly res line at $1.3279.
UBS Morning Adviser
AUDNZD Back In Play The AUDNZD downtrend resumed overnight, having stalled somewhat over the past month.
EUR/USD Technical Analysis
(1,3315) The EUR/DOLL failed to move lower extending instead its move up that favoured a strong closing last night above the resistance of the inside day at
Daily FX Wrap and Strategy
The NZD/USD has continued to creep higher overnight, benefitting from broad USD weakness. It sits around 0.8090 this morning.