Tag Archives: EUR/USD
The dollar is under some pressure, especially against the yen
EUR/USD: The pair is held near the Jun-Jul 78.6% Fibo retracement ref at 1.3275 and as long as it’s not decisively broken we could be witnessing the creation of a larger bearish formation.
EUR/USD Technical Analysis
(1,3276) The EUR/DOLL confirmed on Friday a positive closing but failed to extend further its move up finding good resistance for now at 1,33.
FX Daily
Market movers today • The calendar is thin today. The most interesting release is US pending home sales,
UBS Morning Adviser
AUD: The Governor Speaks On Tuesday, RBA Governor Stevens is due to deliver his final public address before the next RBA policy decision.
Next Week’s Data and Events
Nonfarm payrolls should post another solid increase in July (185K). Private payrolls should match our headline estimate,
Daily FX Update
JPY OUTPERFORMS, JAPAN CPI BEATS EXPECTATIONS • USD — relatively unchanged vs most with exception of JPY, AUD.
FX Daily Majors
Today’s highlights: • AUDUSD remains in a choppy range, but only above .9346 would see a base.
The Global Macro Pulse
The overnight fall in the USD, seemingly in response to a Hilsenrath article in the WSJ arguing the Fed will be dovish in its coming FOMC meeting,
FX Daily Strategist: Europe
Japan’s CPI report hints at path from deflation Japan’s June core CPI rose 0.4% y/y, the first positive reading in 14 months.
Morning FX Market Commentary
Dollar hit by soft Hilsenrath comments On Thursday, it looked as if EUR/USD would hold its recent consolidation pattern near the 1.32 level as the IFO and
German IFO improves modestly in July
The German IFO survey improved modestly in July. The headline business climate index rose to 106.2 from 105.9,
Daily Market Technicals
EUR/USD break above $1.3261, move puts focus on long-term resistance line from May 2011, which is today valued at $1.3372.