Tag Archives: EUR/USD
UBS Morning Adviser
Talking Down the Good News It was all plain sailing for the euro on Thursday until Draghi found an opening to express his ‘openness’ on negative deposit rates.
Morning Report
The US dollar index rose by 0.9%. EUR fell from 1.3218 to 1.3037 post-ECB. USD/JPY rose from 97.20 to 98.40 in tandem.
EURUSD chart update – 1.2750 here we come?
A critical reversal today in EURUSD that entirely rejected the attempt above the 1.3200 level that took place in thin trading yesterday
Daily FX Update
ECB CUTS RATES BY 0.25% to 0.50%; DRAGHI NEXT – USD is mixed. Focus shifts to tradeoffs between austerity and growth.
Morning FX Market Commentary
On Wednesday, in choppy trade, the dollar was under pressure ahead of the Fed policy decision. The US eco data were also USD negative.
Disinflation is a big deal for EUR/USD
We think there’s one EUR driver that matters and two that don’t in coming months. We don’t think ongoing strength in Euro peripheral fixed income matters.
FX Daily
Key news – Fed opens door slightly for increase in asset purchases – Stocks lower despite upward surprise in ISM
Daily Market Technicals
EUR/USD: The pair leaves a long-upper shadow which may spark a reversal and certainly adds caution to bulls.
Technical Alert
EUR/USD: The break above 1.3130 triggered the expected buying spree, pushing above also the mid April high, 1.3202,
UBS Morning Adviser
Fed Waits, ECB Next The key risk to our bullish dollar view is if the Federal Reserve decides to prolong its current round of quantitative easing into 2014.
EUR/USD Analysis
The pair closed Wednesday’s NY session at $1.3183 having bounced off initial FOMC react lows of $1.3169 to $1.3224 before drifting off into the close.
EUR/USD Technical Analysis
(1,3175) The EUR/DOLL confirmed a positive closing missing however another strong one; the closing was also interior the range of the previous session and