Tag Archives: EUR/USD
Morning FX Market Commentary
Currencies: Dollar jumps on higher US bond yields A strong US consumer confidence report rekindled market speculation that the Fed might reduce policy stimulation in a not that distant future.
Favourable US economic news still propelling markets higher, Eurozone credit still subdued
The European morning was very quiet in terms of news-flow but markets generally rallied irrespective.
Broad based dollar strength – aussie the biggest loser
EUR/USD: Judging by recent price action the near-term outlook leans towards an already completed correction, but if it is a “Triangle”,
Daily Market Technicals
EUR/USD: The pair leaves a long dark candle to descend below the former Jul 2012 support line and 50.0% of $1.2043-1.3711,
EUR/USD Technical Analysis
(1,2850) The EUR/DOLL is still confirming further consolidation interior the negative outside day with 1,3010 – 1,2820 still the levels to follow in the coming hours;
FX Daily
Market movers today • We expect that German inflation has remained subdued in May. Core inflation is running at a very low level and
EUR/USD Analysis
The pair closed Tuesday’s NY session at $1.2854 after pulling back from an early session high of $1.2950, the rate touching session lows of $1.2850 just ahead of the close.
UBS Morning Adviser
Confidence Cushion The dollar’s favourable response to consumer confidence figures released on Tuesday has demonstrated how risk-currency status for the dollar can only be generated through a virtuous data cycle.
Daily FX Wrap and Strategy
The NZD/USD crept toward 0.8130 overnight, before strong demand for the USD early this morning saw the NZD knocked lower.
Daily FX Update
JPY WEAKENS ‐ REMINDER SENT THAT BOJ CAN DO MORE • USD is mixed as news flow is limited; AUD rallies & JPY is weak.
Daily FX Technical Strategy: AUD hovers over its 2012 low
Following a turbulent week, the quiet start around the UK/US bank holiday was likely welcomed as markets took a breather.
Morning FX Market Commentary
Currencies: entering calmer waters Most major currency cross rates held within established ranges as the US and the UK markets were closed. USD/JPY is showing some tentative signs that the decline is slowing.