Tag Archives: EUR/USD

Daily Market Technicals

EUR/USD: The pair capped ahead of $1.3400, the Jun 13 high at $1.3390 is initial res and bulls require a break and close above here.

EUR/USD Analysis

The pair closed in NY Monday at $1.3370. The rate tied to a narrow $1.3328-59 range for the majority of the session,

UBS Morning Adviser

AUD: Capital Flight Fears Overdone The IMF announced overnight that, on June 28th, it will reveal for the first time the size of reserve manager holdings in AUD and CAD.

Technician

• EUR/USD: Overbought conditions and certain loss of dynamics show increased likelihood of consolidation or correction.

Daily FX Update

COMMODITY CURRENCIES STRONG ON FED FOCUS • USD—outperforming G4 while underperforming commodity peers.

US Morning Update

Major overnight headlines: • Latest Greek polls suggest 49% prefer coalition government whilst 47% want snap elections, Euro Intelligence

Fitting together nicely

Big Picture: Data released last week is consistent with our view that the largest economies are in the early stages of acceleration.

FX Daily Majors

Today’s highlights: • USDJPY is moribund at our support/target at 93.57/92.57, but we still look for a basing effort here.

The Global Macro Pulse

Overnight Price Action The Nikkei shrugged off Friday’s fall on Wall Street to rally 1.5% in Asian trading. S&P futures are up 0.4%, but trading in the rest of Asia is mixed.

Bernanke may pave the way for USD recovery vs. low yield G10 All eyes will be on the Wednesday FOMC meeting and press conference this week, as markets look for more guidance on the Fed’s plans to taper asset purchases.

FX Daily

Market movers today • Interesting week, with FOMC meeting Wednesday and Flash PMI in China and the euro area on Thursday.

A peaking €? NOKSEK liked lower. Bond bullish signs

EUR/USD: The top building process continued also Friday with a lower high printed. However as we still 1) remain on top of the flag ceiling and