Tag Archives: EUR/USD
The Global Macro Pulse
NZD dropped from a high above 0.810 before stabilizing at 0.807 on news of Wellington quakes. AUD continued to strengthen to 0.917, pulling AUDNZD higher to 1.135.
Europe – Tapering expectations still driving yields higher…
Then focus turned to the raft of US economic news. While the labour market continues to improve gradually, other economic indicators were generally softer than expected.
UBS Morning Adviser
Japan Bond-Buying Accelerates Japanese investors are buying foreign bonds again, and with US 10 yields approaching a multi-year high overnight,
Markets just made a fine mess of – almost everything… USD AND S&P500 simultaneously weaker?
EUR/USD: Europe went home at ~1.3250 and comes back to market a full big fig higher… Don’t see what this might bring,
FX Daily
Market movers today • In the euro area the trade balance for June will give insight into whether the end of the recession was driven by growth abroad.
Daily Market Technicals
EUR/USD leaves a long white candle with a long lower shadow while bulls close above the Feb 2013 former res line, now part of initial support at $1.3291/3300.
Daily FX Update
CPI TO DRIVE TAPERING DEBATE (FOR NOW) • USD is mixed but generally weaker. Today’s CPI is the key for the tapering debate;
FX Daily Majors
Today’s highlights: • EURUSD bias stays lower to test 1.3190, but beneath here remains needed to set a better top, for 1.3112.
Europe – A raft of US economic data up today
Advanced estimates of Eurozone QII GDP growth reported gentle expansion of +0.3% QoQ in the April-June quarter.
GBP, AUD & SEK stronger and USD is somewhat weaker
EUR/USD: The bounce from Tue’s low has become somewhat bigger than initially thought.
FX Daily
Market movers today • Today we get a lot of US data. The two early releases of regional PMIs for August – Empire and Philly Fed