Tag Archives: EUR/USD
Morning FX Market Commentary
Dollar extends gains On Friday, the global repositioning slowed a bit, but the trend remained in place.
Daily FX Technical Strategy: CAD hot on the heels of AUD
The effects of higher US yields continue to ripple across assets. Even currencies that were relatively lagging in their response (such as the KRW and CAD)
Continued $ strength, EUR/NOK pause (buy the dip)
EUR/USD: With the break back below the 1.3202/3243 support area we can with a relatively high degree of certainty point at a completed three wave upside
FX Daily
Market movers today • German IFO expectations are projected to decline in line with the decrease seen in the German manufacturing PMI in June.
Daily Market Technicals
EUR/USD descends to trade just above key support, at $1.3061/73/80/86, the May 30 high and the 200, 55 and 100-day moving averages.
UBS Morning Adviser
USDJPY: The Outlook Brightens Prime Minister Abe’s party and his political allies together won an overall majority in regional elections held over the weekend in the Tokyo metropolitan area.
EUR/USD Technical Analysis
(1,3108) The EUR/DOLL confirmed another weak closing in the daily chart as well as in the weekly one supporting further weakness.
EUR/USD Analysis
The pair closed Friday’s session at $1.3122 after rate had seen a decent recovery off session lows of $1.3098 to $1.3159 before it drifted off $1.3118 ahead of the close.
Two for the hawks, one for the doves
On balance, last week’s developments were a clear positive for New Zealand interest rates, with a more hawkish US Fed and
Daily FX Wrap and Strategy
The NZD fought to find its feet on Friday. It trades around 0.7750 currently. It was more of the same at the end of the week.
FX Comment: TIPSy
All the good things come to an end. Fed’s Bernanke left us with the impression that “this time is different”.
Currency analysis EURUSD
The Fed’s balance sheet has taken center stage on markets, which has also influenced the EURUSD exchange rate.