Tag Archives: EUR/USD
Daily FX Wrap and Strategy
The NZD/USD clawed its way back above 0.8000 last night as positive fundamentals continue to reassert themselves in the wake of fading dairy concerns.
Daily FX Update
USD INDEX FALLS TO 2‐MONTH LOW • USD is weak as risk appetite improves after betrer Chinese trade data.
US Morning Update
Major Overnight Headlines • BoJ on hold, Nikkei falls, JPY rises as Kuroda says will take “appropriate action” if needed,
EUR Mid-day Analysis
The September Euro is grinding out moderate gains this morning, but appears to be having much better success with sustaining this current move into new high ground.
The Global Macro Pulse
USDJPY is tracking marginally higher today after a fall to 96.60 yesterday. However, Asian stocks were posting gains this morning after stronger-thanexpected Chinese trade data and
FX Daily Majors
Today’s highlights: • USDJPY remains in retreat and the break of 96.96/75 opens up a move to 95.45,
BoE launches conditional forward guidance…
The eagerly anticipated BoE Inflation Report and press conference did not disappoint. As expected the BoE announced an official policy of forward interest rate guidance.
EUR/USD Technical Analysis
(1,3343) The EUR/DOLL is still well bid confirming a retest of the 1,3345 level with a small overshooting this morning above 1,3350.
FX Daily
Market movers today • Bank of Japan Governor Kuroda speaks after the central bank meeting. It will be interesting to hear whether Kuroda opens the door for more future stimulus.
More JPY strength. NOK/SEK liked lower.
EUR/USD: Yesterday’s downside attempt never made it to the confirmation point, 1.3233, before renewed buying pushed the pair up to a marginally (2pts) new correction high.
Daily Market Technicals
EUR/USD moves above the Feb 2013 res line to test $1.3345. Bulls already attempted to break above today but fades from an hourly high of $1.3344,