Tag Archives: EUR/USD
Morning FX Market Commentary
Euro hardly profits from strong PMI’s EUR/USD tested the 1.3254/64 resistance after the strong EMU PMI’s, but the gains could not be sustained.
Euro‑zone economy is emerging from recession…
The Eurozone flash composite PMI jumped a greater than expected 1.7 points to 50.4 in July.
$ correction ending(?), OIL sinking, Scandies turn up
EUR/USD: Yesterday’s price action with yet another correctional high and another failure to attract any follow through buying is clearly a bearish sign.
FX Daily
Market movers today • We expect German IFO expectations to improve, adding to the recent positive sentiment in the euro area.
UBS Morning Adviser
NZD: Another Piece Falls Into Place Overnight, the RBNZ shifted stance and adopted an unmistakable explicit tightening bias,
EUR/USD Technical Analysis
(1,3212) The EUR/DOLL formed a negative day reversal yesterday but only a daily closing tonight below 1,3177 will confirm a s/t top favouring lower levels!
Daily FX Wrap and Strategy
The NZD sits lower this morning against a broadly stronger USD. The NZD/USD trades around 0.7930 currently.
Foreign Exchange Volatility Strategy
• USD yields retraced from the highs and so did the USD, as markets revised their interpretation of the Fed Chairman’s tapering talk to
FX Daily Strategist: US
USD: patience required amid loss of rate support Despite some USD resilience overnight, the dollar’s on-going slide reflects a combination of stretched long positioning and
Pretty Much Improvement
Today’s Euro-zone PMI data and the ECB lending survey provided fresh evidence the area is making good progress in finally defeating recession.
Daily FX Update
CAD & EUR OUTPERFORMING • USD — mixed, weak vs CAD & EUR, much stronger vs AUD, JPY.
US Morning Update
Major overnight headlines: • Yields, equity markets rise in tandem forcing the JPY lower in London as European data surprises