Tag Archives: EUR/USD
FX Daily Majors
Today’s highlights: • NZDUSD above .8107 sees a base established to target .8165/93 next.
FX G10 Morning Trader Views
EUR – Slowly retracing the spike move from Thursday evening, though client interest is very much on the low side.
EUR/USD Technical Analysis
(1,3325) The EUR/DOLL formed on Friday a negative day reversal after a retest of the 1,3380 level;
The Aussie is clawing back some ground
EUR/USD: Last IMM reporting week (as per last Tue’s close) Speculative accounts added to net EUR longs and reduced shorts – both directly and indirectly as an aggregate measure.
Daily Market Technicals
EUR/USD failed to retest the $1.3400 Aug 16 high while daily studies slip lower and 10-week momentum shows negative divergence.
UBS Morning Adviser
Spread Widening Favours USDJPY US 10y Treasury yields have risen 9.5bp since Friday’s open, setting a new two year high as the countdown to the September FOMC meeting continues.
Daily FX Wrap and Strategy
At around 0.8100, the NZD/USD opens the week threatening to break out of the 0.7690-0.8130 range that has contained it for the past three months.
FX Daily Strategist: US
Eurozone current account strength to support EUR especially on the crosses The improving trend to the eurozone external balance of payments continued this morning as eurozone current account data again showed a strong y/y increase to rise to EUR 26.1 billion.
Daily FX Update
ASSET ALLOCATIONS SHIFT ‐ PREPARING FOR TAPERING • USD is quiet relative to yesterday as market catches its breath.
US Morning Update
Major Overnight Headlines • Euro Area core CPI rises 1.1% YoY in July, in-line; June trade surplus widens EUR1.1 bln to 14.9B