Tag Archives: EUR/USD
Daily Market Technicals
EUR/USD descends from the spinning-top after testing the Feb 2013 resistance line now at $1.3321, while daily studies reverse to the downside.
UBS Morning Adviser
AUD: More Bad News Things are going from bad to worse for the Australian dollar.
Daily FX Wrap and Strategy
The NZD/USD has felt the pinch of broad strengthening in the USD overnight. At around 0.7875, the currency now trades just over a cent below the post-FOMC highs of yesterday morning.
Daily FX Update
ECB & BOE ON HOLD; DRAGHI TO RETAIN DOVISH TONE • USD is strong after the FOMC made only minor changes, China’s PMI is strong at 50.3;
FX Daily Majors
Today’s highlights: • AUDUSD has broken below the .9000/.8998 lows to see the mediumterm bear trend resume, for .8770 next, then .8674.
FX Daily Strategist: Europe
Another ECB pivot could support EUR, for now The improvement in European economic data has been consistent with the European Central Bank’s forecast for a gradual growth pick-up;
Morning FX Market Commentary
Dollar receives conflicting signals On Wednesday, the major dollar cross rates were haunted by conflicting info. At first, the dollar was supported by good US eco data.
The pound is weak going into BoE today
EUR/USD: A double 1.3207-1.3345 watch seems justified. The market went higher after a deeper test lower yesterday, but is again falling back from a fresh high
FX Daily
Market movers today Today’s ECB meeting will be interesting although a rate cut seems unlikely.
Daily Market Technicals
EUR/USD leaves a spinning-top after pushing up to close above $1.3300 after testing support at $1.3206 however has moved back below $1.3300 today.
UBS Morning Adviser
Rate Taming Still Needed Messrs Carney and Draghi’s hopes for a simple final meeting before the summer break may have been dashed by the FOMC’s latest assessments.