Tag Archives: EUR/USD
UBS Morning Adviser
Don’t Misread Treasury Outflows Thursday’s release of Treasury International Capital (TIC) data, especially the details on foreign holdings of Treasurys,
Technician
EUR/USD: Continuation of trend to 1.3488 is still main technical scenario. Momentum is clearly pro-growth, but gradual loss of strength is most apparent for ROC indicators.
FX Daily Strategist: US
Exiting recession in Europe, but not policy stimulus. Fade EURUSD strength. GDP reports on Wednesday will likely confirm that the Eurozone technically exited recession in Q2,
US Morning Update
Major Overnight Headlines • Japan Q2 real GDP (sa) rises 0.6% QoQ versus 0.9% expected; imports, non-res. investment subtract 0.6%
The Global Macro Pulse
The Nikkei has clawed back early losses to be down only 0.3% at the time of writing, thanks to a bounce in USDJPY.
UBS Morning Adviser
Kuroda Flows Seek Belgian Bonds Belgian and French bonds have been the key beneficiaries of yen outflows since the Bank of Japan unveiled its QQE policy in April.
Daily Market Technicals
EUR/USD left an inside-day the session after hitting a high of $1.3400. Bears may now be taking control and look to retest the former Feb 2013 res line,
Daily FX Wrap and Strategy
In fairly quiet Friday evening markets, the NZD/USD followed the AUD/USD higher, to end the week at 0.8040.
Global Weekly Snapshot
JPY: Kuroda versus the market We remain bullish on USDJPY, forecasting 105 and 120 in 3 and 12 months, respectively, but we recognize that occasional pullbacks will challenge our view.
UBS Morning Adviser
Inflation Trigger for NOK? The dollar looks set to end the week on a soft note, but G10 performance has not been uniform.