Tag Archives: EUR/USD

Daily FX Technical Strategy: Neutralising risk

An ongoing slide in the Nikkei preceded recent profit taking on the JGB bear trend and also on the S&P 500.

FX Daily

Market movers today • May PMIs are the key data releases today. • Consensus expectation is for an unchanged US ISM manufacturing at 50.7 but we see potential for a slight improvement.

Scandies and CAD seen weaker

EUR/USD: The move above the 55d ma was soon rejected as the market made a u-turn exploring the downside. A late bounce however left us with a downside spike and

EUR/USD Technical Analysis

(1,3010) The EUR/DOLL confirmed on Friday a negative closing while the weekly one was positive. In the monthly chart the EUR/DOLL formed

Daily Market Technicals

EUR/USD: The pair showed strong upward pressure toward the end of last week as it moved above $1.3000 and struggled to hold above.

EUR/USD Analysis

The pair closed in NY Friday at $1.2999 with early trade into Asia contained within a range of $1.2983/1.2398 before post Tokyo fix demand for

UBS Morning Adviser

ECB Lessons for BoJ The Bank of Japan pledged last week to increase the frequency of JGB purchases again to reduce volatility in government bond markets.

Weekly Focus: Fed exit moving closer

Market movers ahead • We expect the ISM manufacturing index and the employment report to show improvement in the US economy and the US labour market.

Daily FX Update

EUR FALLS AS VISCO HINTS AT RATE CUT • USD is strong after volatile week. Next week is nonfarm! • CAD is weak; Q1 GDP expected at 2.3% ‐ well above worse case fears.

FX Daily Strategist: US

Volatility and position-adjustment to dominate FX Fundamentals are not driving the FX markets, but position-adjustment amid rising (Bernanke-induced) market volatility is.

Daily FX Technical Strategy: Sterling’s temporary upswing

Renewed weakness in the USD around month end is providing an opportunity for some base metals to rebound.

Currencies: Dollar correction continues The dollar stayed under pressure on Wednesday. The move was in the first place technical in nature. Several USD cross rates were not able to break beyond important levels,