Tag Archives: EUR/USD

German factory orders holding up

AUD/USD has lifted modestly off the Asian session low of 1.0155, boosted by China posting a larger than expected trade surplus of $18.2bn. in April.

FX Daily Strategist: Europe

German data the next hurdle for the EUR Our economists and market consensus are looking for a small contraction in German March industrial production after February’s 0.5% expansion.

FX Daily

Key news – Asian equity markets follow the positive trend from Wall Street yesterday as Chinese export data surprise on the upside.

Technical Alert

EUR/USD Still ranging: Nothing new in terms of directional leads has been revealed by the market. The contracting range is still there and

EUR/USD Technical Analysis

(1,3097) The EUR/DOLL confirmed further consolidation interior the inside day with 1,3170 – 1,3020 still the levels to follow in the coming hours.

UBS Morning Adviser

NZ Confirms Intervention Official RBNZ statistics show that the central bank has been a net seller of New Zealand dollars over the past six months.

Markets Wrap & Startegy

NZD The NZD/USD has shed a little over ½ cent over the past 24 hours, dragged lower by a weaker AUD in the wake of yesterday’s surprise RBA rate cut.

FX Daily Strategist: US

EUR downside remains well supported. German data adds to constructive tone. EURUSD came under some initial pressure after ECB president Draghi re-iterated his comments from last week’s

Daily FX Update

FX Market Update ‐ Risk appetite is strong leading into the open, driving equities higher, bond yields up, risk metrics lower and a mixed USD.

Czech industrial output fell more than expected Hungarian industrial output falling at slower pace CEE currencies slightly eased yesterday, giving up part of their last week´s gains. The trading volume was thinner due to the Early May Bank Holiday in the UK.

Daily FX Technical Strategy: Improving conditions for USD/JPY

Following the strong NFP release on Friday and the S&P 500 close above 1600, two other risk benchmarks are now in focus.

FX Daily Majors

Today’s highlights: – AUDUSD below 1.0243/03 should expose key range support at 1.0115/00. We continue to look for an eventual break below here, to confirm a major top.