Tag Archives: EUR/USD

Daily FX Update

USD WEAK AS MARKET IS POSITIONED FOR DOVISH FED – USD broadly weaker leading into the FOMC decision (2pm EST).

EUR/USD Technical Analysis

(1,3195) The EUR/DOLL confirmed a strong closing last night above the resistance of the inside day but also above the top of the previous month forming a key month reversal.

FX Morning Rundown

Quiet session overnight with a raft of holidays in Asia and Europe. The Nikkei is trading lower (-0.45%) on disappointing earnings from electronics major Sharp (-5.0%)

FX Daily

Key news – US S&P500 closes at new high again. EUR/USD higher while oil drops. – China NBS PMI fell in April, confirming the economy stayed soft into Q2.

Daily Market Technicals

EUR/USD: Key Initial Res At $1.3200/02. The pair breaks above the 38.2% at $1.3115 to hit a high of $1.3186, just above the 100-DMA but still below the key April 16 and

Do Come Back After May ‘Sell in May and go away’ has had its fair share of supporters and detractors over the years. For FX markets, seasonality is often used as post-hoc rationalisation of price action,

EUR/USD Analysis

Closed in NY Tuesday at $1.3165 after the euro took advantage of a data weakened dollar to push up to session highs of $1.3186,

Daily FX Update

MONTH END FLOWS BIASED TO BUY USD, GBP & CAD – USD is quiet leading into FOMC decision & European holidays on Wed.

Central European daily

After last week’s weaker interest, investors looking for high yielding assets have returned to Central Europe yesterday. Among firming currencies,

The Market Pulse

For the ECB, we think that the refi-rate will be cut by 25 basis points to 0.50%, while also some other measures aimed at repairing the transmission mechanism might be announced.

FX Morning Rundown

With the S&P (+0.72%) making another new all-time closing high, Asian equities are trading broadly higher with the Hang Seng +0.7% and Kopsi +1.2% as risk assets continue to rally.

Morning FX Market Commentary

On Monday, European markets started the new week in a positive mood as investors welcomed the end of the political stalemate in Italy.