Tag Archives: EUR/USD

FX Daily Majors

Today’s highlights: • EURUSD aims at 1.3072/73 which we look to try and cap. Only above here would signal a more extended recovery to 1.3195/3243.

FX Daily Strategist: Europe

Data may keep the USD defensive into month-end The USD has weakened broadly over the past 48 hours, giving up some of its May gains heading into month-end.

EUR/USD Technical Analysis

(1,3040) The EUR/DOLL confirmed a strong closing last night managing to return above 1,30, even above the 200 days line, now s/t support at 1,3032.

€/$ surprising rebound. EM’s big losers ag. both $ & €

EUR/USD: The break above 1.2991/3013 was not what we had in mind calling for a turn lower yesterday.

FX Daily

Market movers today • We expect only a modest uptick in euro area inflation to 1.4% in May and unchanged 1% core inflation.

Daily Market Technicals

EUR/USD: The pair bursts above the $1.3000 level for the first time since May 14 and closed above the 200-DMA, now support at $1.3032.

UBS Morning Adviser

Reserve Stagnation Boosts Buck In their latest Macro Keys (May 29th), our Emerging Market strategy team highlights that the current round of weakness in EM FX is likely to be with is for some time.

EUR/USD Analysis

The pair closed in NY Thursday at $1.3046 after rate had again extended its recovery, this time to $1.3062 after breaking, then holding above its key 40-dma and

Daily FX Wrap and Strategy

The NZD/USD has experienced a volatile 24-hours, sitting slightly lower at 0.8080 this morning. The NZD/USD initially headed lower yesterday morning after the

USD trading all over the shop on USDJPY flows.

There was a flurry of “developments” out of Japan today that saw a dramatic pivot in JPY crosses after USDJPY looked like it wanted to have a look at the 100 level.

CAD: CORRELATION WITH INTEREST RATES BREAKSDOWN • USD is mixed with European FX outperforming. • CAD is flat after a maintenance BoC statement; the correlation between CAD & interest rates has broken down; spot tests range.

FX Daily Majors

Today’s highlights: • NZDUSD stays capped beneath the .8215 price barrier leaving our bias still bearish for .7923/14 next.