Tag Archives: EUR/USD
UBS Morning Adviser
What Did Sterling React To? Governor Carney’s first inflation report left plenty for investors to digest, but perhaps the reaction in FX markets was the most perplexing for participants.
Daily FX Wrap and Strategy
The NZD continued to strengthen overnight, to sit around 0.7960 this morning. The NZD has recovered from its Fonterra-induced losses.
EURUSD – small rising wedge suggests n/t pullback to 1.3266/33
The broken hourly uptrend along with 2 long-term downtrends (one from February and one from 2011) are repelling prices near the 1.3300/3330 zone.
Daily FX Update
GBP RALLIES AFTER BOE INFLATION REPORT • USD is mixed as GBP & JPY rally; but others fall on tapering fears.
Any USD dip is likely to be temporary
Payrolls surprise stalls the USD rally…for now US payrolls have done it again, surprising the market in way that changes the pricing of volatility, this time downward.
SEK & NOK soon set to weaken, again. Monitor €/JPY
EUR/USD: Nothing from yesterday’s price action helping to determine the next move from here. With mixed signals
FX Daily
Market movers today • We expect German industrial production to decline 0.2% m/m in June as manufacturing PMI decreased in June and factory orders were down 0.5% m/m in May.
EUR/USD Technical Analysis
(1,3303) The EUR/DOLL confirmed a strong closing again above 1,33 aborting therefore the negative day reversal it formed the day before.
Daily Market Technicals
EUR/USD again testing the resistance line from Feb 2013, now at $1.3312 and part of initial res, however, bulls fail to close above this level which usually adds risk downside.
UBS Morning Adviser
JPY: The ETF Dimension Since Bank of Japan Governor Kuroda unveiled his new QQE policy in April, FX investors have focused almost exclusively on the JGB-side of the program.
Daily FX Wrap and Strategy
The NZD has been the strongest performing currency over the past 24 hours. Receding fears about NZ dairy exports have seen the NZD/USD climb back above 0.7900 this morning.
FX Daily Majors
Today’s highlights: • NZDUSD has held the .7687/49 range lows, but we stay bearish for an eventual breakdown to .7458/56.