Tag Archives: EUR/USD
FX Daily
Market movers today • Focus will be on whether the stabilisation in risk sentiment holds. We believe a lot of positions have been squared out by now,
Daily Market Technicals
EUR/USD closed below the 200-DMA – now res around $1.3072-78, and also closed below the 61.8% of $1.2797-1.3417 at $1.3037.
EUR/USD Technical Analysis
(1,3033) The EUR/DOLL confirmed a very weak closing even below the 200 days channel suggesting further downside pressure.
EUR/USD Analysis
The pair closed in NY Wednesday $1.3016 after rate had recovered off pressured lows of $1.2985 through to the close.
UBS Morning Adviser
Sterling’s Other Catalysts The UK reports final Q1 GDP numbers today. After Wednesday’s surprisingly soft US print, any result close to consensus could give the pound a fillip.
Daily FX Wrap and Strategy
The NZD/USD has been the strongest performer amongst its peers over the past 24-hours, sitting around 0.7790 currently.
Daily FX Update
EUR POISED FOR FURTHER DOWNSIDE • USD is mixed; with the commodity currencies outperforming but weakness from the European block.
US Morning Update
Major overnight headlines: • Italy risks 8 billion euro losses on derivatives contracts restructured at the height of EMU crisis, La Republica
FX Daily Majors
Today’s highlights: • USDCHF continues to edge higher, but a break above .9419 is still key for a base,
Draghi: ECB has `done as much as it can` to promote growth
ECB President Mario Draghi said the Bank has “done as much as it can” to stabilize the euro-area economy and that monetary policy cannot support economic growth.
We like the SEK again
• Still negative on risk sentiment • We turn bearish on EUR/USD after being neutral
The Global Macro Pulse
Asian markets started out risk-on, with USDKRW touching 1150 and the Nikkei up more than 1%. Equity markets in ASEAN maintained gains,