Tag Archives: EUR/USD
FX Daily Majors
Today’s highlights: • GBPUSD strength is beginning to stall ahead of the 1.5752/82 barrier, and we look for a fresh topping effort here.
The Global Macro Pulse
The USD extends its rally as 10y yield rises to a new intraday high of 2.92% during Asian trading.
One of these charts is not like the others
Today’s flash PMI in China for August was much better than expected. The slow recovery in the China economy it points to is corroborated by the lift in associated commodity prices,
FX Daily Strategist: Europe
Chinese PMI rebound fails to support Asian FX China’s flash PMI (HSBC) surprised positively in August, rebounding by 2.5ppt to 50.1, a four-month high.
UBS Morning Adviser
The Dash For Dollar Cash Japanese investors were net sellers of foreign portfolio assets last week, after six consecutive weeks of outflows.
The dollar regains the upper hand again
EUR/USD: The fresh high (neutralizing the medium-term wave count) looks weak with a bearish candle yesterday topping the price/momentum “pre-divergence”.
FX Daily
Market movers today • Main focus will be the manufacturing and service PMIs for Germany, France and the euro area as a whole.
EUR/USD Technical Analysis
(1,3340) The EUR/DOLL confirmed yesterday a session of consolidation interior the range of the previous session forming a new inside day
Daily FX Wrap and Strategy
The NZD sits a little lower, around 0.7880 this morning. The NZD showed little response to yesterday’s tier 2 domestic data releases,
EURUSD – 1.3380 now support; near-term projection is 1.3509
The bullish breakout above long-term downtrends is intact and driving our longer-term bullish outlook for Euro.
Daily FX Update
FOMC MINUTES AND EM OUTFLOWS DRIVING FX • USD is strong as market positions for risks associated with minutes.