Tag Archives: EUR/USD
FX Daily Majors
Today’s highlights: – DXY $ Index has resolved its one-year range higher for a more broadbased USD rally. We target the 84.10 high of 2012 initially, then 85.28.
EUR/USD Technical Analysis
(1,2873) The EUR/DOLL confirmed another very weak closing already hitting the 1,2840 area on the way toward next target at 1,2573!!
FX Daily
Key news – Japanese Q1 GDP beat expectations. – Positive risk sentiment continued yesterday but Asian session has been mixed.
Daily Market Technicals
EUR/USD: The pair pushes through the daily Bolli base to trade just above a key Jul 2012 support line, initial support at $1.2862.
EUR/USD Analysis
The pair closed the NY session Wednesday at $1.2883, having recovered off an afternoon session low of $1.2847
Technical Alert
USD strength paused – not reversed EUR/USD: Another loser was added yesterday, but sellers respected the mid-1.28 Fibo combo.
UBS Morning Adviser
Australia’s Crucial Capex Survey Sentiment has become bearish on the Australian dollar. According to UBS FX Flows, selling by asset managers last week was the second largest on record.
Daily FX Wrap and Strategy
The NZD has been the strongest performing currency over the past 24 hours, shrugging off a EUR-inspired firming in the USD.
Daily FX Update
There is a fresh round of USD buying leading into the NA open as Eurozone posts weak Q1 GDPs, the market focuses on an improving US outlook and potential Fed QE tapering and
US Morning Update
Major overnight headlines: • BoE says “recovery in sight” for UK economy, sees GDP accelerating to 0.5% in Q2, lowers inflation forecsts
Fed’s inflation problem suggests no QE end
– Negative on risk sentiment – Still bullish on EUR/SEK – We stick to being bearish on EUR/USD
Morning FX Market Commentary
After a pause on Monday, the dollar restarted the rebound from the end of last week. The euro had popped up early in Asia on media reports that US hedge fund returned to