Tag Archives: EUR/USD
Daily Market Technicals
EUR/USD held above the 23.6% level again and allowed bulls to retest the Feb 2013 res line and also the 5-DMA at $1.3290/94, a level it already broke above.
UBS Morning Adviser
MOVE-ing Against Decay For all the talk of fiscal risk, Eurozone instability and the perils of policy normalisation, it has been an awfully quiet summer.
Daily FX Wrap and Strategy
The NZD was the strongest performer amongst its key peers over the past 24-hours. The NZD/USD sits just above 0.8030 this morning.
FX Daily Strategist: US
US retail sales breaks the data lull Our economists expect a modest 0.2% rise in today’s July retail sales print after June’s 0.4% gains, and look for sales excluding gasoline,
Daily FX Update
USD TO STRENGTHEN AS FED POISED FOR SEPT TAPER • USD is mixed but markets are generally quiet. Today: PPI & Bullard.
US Morning Update
Major Overnight Headlines • French and German Q2 GDP data beat expectations at 0.5% and 0.7% respectively; market reaction muted
FX Techs
The USD received an extra push yesterday via the publication of positive US fundamental data so that the recent recovery gained momentum across the board.
FX Daily Strategist: Europe
Out of recession, but fade EURUSD gains GDP data today should show that the Euro area as a whole has exited technical recession in Q2.
The Global Macro Pulse
The Nikkei is flat despite the overnight rise in USDJPY in response to higher Treasury yields, and S&P futures are down 0.1%. Most other Asian equity markets are up marginally.
FX Daily Majors
Today’s highlights: • USDCHF stays on course for a test of key resistance at .9380/95, above which is needed to mark a more important base.
Eurozone economy still improving
This morning’s first estimate of Q2 Eurozone GDP is expected to illustrate that the Eurozone economy did emerge from recession in QII after 6 consecutive quarters of contraction.
The dollar takes a small breather before up again
EUR/USD: The bounce from yesterday’s low is not major, but should ideally come in a 3-wave fashion (“A-B-C”).