Tag Archives: EUR/USD
Michigan confidence and Eurozone industrial production to round off the week
Trading through the European day was surprisingly quiet given Fed Chairman Bernanke’s big speech on Wednesday night.
$ selling probably not completed, equities higher
EUR/USD: Overall great uncertainty in the aftermath of the post FOMC washout but the price action in the low
Daily Market Technicals
EUR/USD left long upper-shadow after hitting $1.3207, sending daily studies higher. Weekly studies also firmer but mthly studies remain bearish.
EUR/USD Analysis
The pair closed the US session at $1.3097 and spent the early part of the Asia-Pacific session between $1.3086 and
EUR/USD Technical Analysis
(1,3080) The EUR/DOLL confirmed another strong closing even above the 200 days line at 1,3075, now in the s/t support.
UBS Morning Adviser
Same Script Emerges On July 4th, the Bank of England warned in its policy decision that ‘the significant upward movement in market interest rates would…weigh on the [economic] outlook’.
Daily FX Wrap and Strategy
The NZD/USD has been up the hill and down again over the past 24-hours. It sits close to 0.7850 this morning.
Daily FX Update
USD WEAKENS AS MARKET RUSHES TO EXIT • USD is weak with the European currencies outperforming after Fed.
US Morning Update
Major overnight headlines: • European stocks, bonds firm after June FOMC minutes and Bernanke,
Fed Chairman Bernanke sets markets straight…
Bernanke’s speech and his Q&A, 2 hours after the release of the FOMC minutes, were more influential.
Daily Market Technicals
EUR/USD held above the Apr 4 reversal low at $1.2746 and immediately turned higher to post a huge white candle, climbing over 400 pips to a high of $1.3207.