Tag Archives: EUR/USD
Daily Market Technicals
EUR/USD: The pair rises back above the former Jul 2012 support line, now at $1.2873, but already tested territory below here.
FX Daily
Key news – US equities are hovering around all-time highs – Core yields are grinding higher while spread compression continues in peripherals
EUR/USD Analysis
The pair closed in NY Monday at $1.2884 after rate had recovered through the day to a NY session high of $1.2901 before drifting off into the close.
UBS Morning Adviser
Oil & Inflation Today the UK releases April’s inflation data. As Chart 1 shows the consumer price index is rising by 2.8%y/y – above the Bank of England’s 2% target.
FX Daily Majors
Today’s highlights: – USDJPY has been unable to hold Friday’s break above 103.10 – 38.2% of the entire 1998/2011 bear trend – and a bearish “reversal day” is threatening.
Technical Alert
USD/CAD should print a fresh yearly high before long EUR/USD: A second consecutive loser was added last week, turning medium-term attention to an interesting 1.2740 ref below
Daily Market Technicals
EUR/USD: The pair now trades below the former Jul 2012 support line, now initial resistance at $1.2870, just below the 5-DMA at $1.2873.
EUR/USD Analysis
The pair closed NY Friday at $1.2839 after recovering off a session low of $1.2797. Rate was marked lower into opening Asian trade,
UBS Morning Adviser
No Dollar Beta-Shift (Yet) The dollar has strengthened of late without disrupting general risk appetite. Prospects of fundamental changes in the Fed’s policy prospects have played a key role,
EURUSD – neckline/pivot support in play at 1.2787/2746/2662
Another small consolidation in what has been an orderly decline. Below the 1.2845 level opens up a major set of targets/support starting with the head & shoulders neckline at 1.2787.
US Morning Update
Major overnight headlines: • ECB is “assessing the readiness” of at least one major EMU bank for a negative deposit rate, according to market chatter
Daily FX Update
A quiet Friday session in Asia and Europe for the major, conceals significant downward pressure on the commodity currencies,