Tag Archives: EUR/USD
US Summer Seasonals Fall Away
US data surprises have largely followed the average pattern of the prior 10-years, and the recovery in recent weeks can then be seen
Don’t Expect Markets to Take August Off…
FX Rates Could Move Substantially in the “Quiet Period”. After a month of turmoil,
The Global Macro Pulse
The dollar majors have been surprisingly subdued given the China PMI. AUDUSD is down only 0.4% from its Asia open to 0.9263 despite the China number and
Euro-zone economy still improving gradually, flash PMIs this morning
Main focus in Europe today and also this week will be the flash Eurozone PMIs for July. The composite PMI posted a reading of 48.7 in June, a 15-month high.
Morning FX Market Commentary
Dollar still struggling to find a bottom Yesterday morning, the dollar showed tentative signs of bottoming out, supported by higher core bond yields.
Still like selling cable above 1.54, stronger JPY
EUR/USD: Yesterday’s dip down to 1.3164 sent two messages (peak to trough in an hourly chart became a clear three wave corrective pattern and
EUR/USD Technical Analysis
(1,3210) The EUR/DOLL confirmed a strong closing even above the resistance of the inside day at 1,3220 supporting further upside potential toward the resistance line at 1,3340!
UBS Morning Adviser
JPY: Time To Get Fiscal The ink is not yet dry on Sunday’s election result, but Japan’s government is already preparing to capitalise on the outcome.
Daily FX Update
NEAR TERM CAD RISK LIES IN RETAIL SALES • USD — broadly flat, having retraced China headline-driven weakness.
US Morning Update
Major overnight headlines: • USD bounces very modestly in London trading as US 10-year yield creeps back above 2.50%, spot gold inches lower
Morning FX Market Commentary
Dollar looking for a floor On Monday, the dollar remained under slightly pressure. There was hardly any news to guide trading.