Tag Archives: EUR/USD
Daily Market Technicals
EUR/USD: The pair now back above the 23.6% and also the former Jul 2012 support line, now initial support at $1.2885/2902 also with the 5-DMA at $1.2901.
Technical Alert
EUR/scandies are moving higher EUR/USD: The euro fought back better than thought yesterday and spent most part of the session in a 1.2875-1.2920 interval during the European session and
EUR/USD Analysis
The pair closed the NY session Thursday at $1.2933 after rate had recovered off an earlier low of $1.2822 to $1.2957 before drifting lower into the close.
Daily FX Wrap and Strategy
The NZD has been amongst the strongest performing currencies in a volatile and messy overnight trading session.
FX Daily Strategist: US
An unwinding of positioning dominates FX markets The price action in G10 FX markets has corresponded with an unwind of positioning in response to Bernanke’s testimony,
Daily FX Update
CAUTIOUS FED CAUSES CONSIDERABLE CONFUSION • PMI’s highlight China slowdown, eurozone improvement. • USD—DXY softens from overnight high following China PMI.
US Morning Update
Major overnight headlines: • Chinese May HSBC manufacturing PMI at 49.6 versus an expected 50.4, a 7-month low • Nikkei-225 falls more than 7.0% on the day overnight
FX Daily Majors
Today’s highlights: • AUDUSD collapse continues, and the market is on the cusp of our .9600/.9575 core target zone, which we look to hold at first.
Negative Rates Are More Likely Than You Think
Negative rates in Europe are not our baseline. But we think the odds of a depo cut are higher than what the market is currently pricing.
Morning FX Market Commentary
Currencies: Dollar gains as Bernanke leaves markets in doubt on the exit EUR/USD and other major currency cross rates had a rollercoaster ride over the last 24 hours.
EUR/USD Technical Analysis
(1,2840) The EUR/DOLL formed a negative outside day reversal after the test of the 1,30 level. We have now 1,3010 – 1,2820 the levels to follow in the coming hours;
FX Daily
Market movers today • Euro-area flash PMIs are expected to improve but to remain in recessionary territory.