Tag Archives: EUR/USD
PBOC liberalises commercial lending rates, focus turns back to the Eurozone economy with top-tier business surveys
The PBOC announced on Friday that it will remove the floor on commercial lending rates.
UBS Morning Adviser
JPY: More Weakness Ahead The ruling LDP-New Komeito coalition scored another emphatic political victory overnight
Possible JPY correction, AUD next correctional rise
EUR/USD: Even though the market made small upward progress on Friday buyers was unable pushing us up to the minimum target, 1.3209.
Daily Market Technicals
EUR/USD ended the week a little higher but below the Jul 11 high at $1.3207, despite this weekly studies have appeared to reverse higher.
EUR/USD Analysis
The pair traded morning today, mostly between $1.3150 and $1.3160 after it recovered from early weakness in the $1.3135/50 zone.
Daily FX Update
CAD STRONG INTO CPI RELEASE • USD is broadly weaker; US equities reach record highs, oil hits 15-month high.
US Morning Update
Major overnight headlines: • Italian industrial orders rise 3.2% MoM in May, sharpest increase since January 2011
European Strategy and Trades
We summarise the main changes to the ECB collateral framework, which show a clear bias towards easing rules for ABS.
Morning FX Market Commentary
Dollar rebound running into resistance On Thursday, the dollar couldn’t maintain the positive momentum from the previous session.
EUR/USD Technical Analysis
(1,3134) The EUR/DOLL confirmed as well a negative closing last night remaining however above the 200 days line.
Short term more dollar weakness
EUR/USD: With a higher low printed yesterday the upside pressure remain in place and as earlier elaborated a corrective peak cannot be put in place with less than a move above 1.3209.
Daily Market Technicals
EUR/USD bounced from around the 200-DMA, still part of initial support at $1.3080 and closed above 50% level at $1.3086.