Tag Archives: EUR/USD
EUR/USD Analysis
The pair closed in NY Monday at $1.3256 after rate had recovered off a NY low of $1.3183 to $1.3269 before drifting off into the close.
Daily FX Wrap and Strategy
The NZD/USD opened lower on the week and has spent the past 24-hours crawling its way back to 0.7900.
Adjusting to Fed tapering
Big Picture: Asset markets have corrected recently and it has been very difficult for investors to find a hiding place apart from cash, as equities and bonds have sold off,
US Morning Update
Major overnight headlines: • ECB’s OMTs may be “practically” capped at EUR524 bln due to concentration on short-dated bonds, FAZ
EURUSD – H&S top…fails
The head & shoulders top we tracked failed to resolve lower as expected and now the rising wedge has led to a move to key resistance via the double-bottom neckline.
Daily FX Update
FED UNLIKELY TO MOVE AGGRESSIVELY AWAY FROM QE • USD is stronger but DXY still down 3.1% from its May 23rd high.
At a glance: The USD is far from being done
Last week saw the USD clearly on the back foot, but a closer look into the equivalent chart pictures unveiled that this latest setback is not harming the broader up-trend as such and
FX Daily Majors
Today’s highlights: • AUDUSD has declined to our .9407/.9388 next target/support, and with a daily DeMark buy in place, we look for a temporary rebound from here.
FX Daily Strategist: Europe
Q2 soft patch limits USD upside for now Friday’s employment report hit a sweet spot for market sentiment. The on-consensus 175k increase in payrolls was sufficient to keep tapering of QE under consideration,
Daily FX Technical Strategy: USD/JPY trying to bounce
The rebound in the USD occurred in line with our view at the end of last week as the risks of a base have increased.
Morning FX Market Commentary
Currencies: dollar succeeds only cautious rebound after the payrolls The dollar was under pressure ahead of the payrolls as currency markets feared a poor report. This fear was not justified as the report was slightly better than expected.
UBS Morning Adviser
Japan Flows Point To Lower AUDNZD Two batches of official portfolio data arrived overnight, shedding fresh light on how BoJ easing is affecting Japanese investor behaviour overseas.