Tag Archives: EUR/USD
FX Daily
Key news – Global macro data continue to disappoint – Korean GDP being today’s exception. – US markets closed flat but with defensives down – Asian markets are higher.
UBS Morning Adviser
Swiss Puzzle, German Answer The Swiss franc has weakened sharply this week. EURCHF has jumped from levels just above the Swiss National Bank’s ‘minimum’ floor of 1.20 to above 1.23 while USDCHF has appreciated back towards 0.95 the figure.
EUR/USD Analysis
Closed in NY Wednesday at $1.3014, having recovered off Ifo react lows of $1.2955 to $1.3034, with NY respecting those parameters as it recovered of the late session lows of $1.2974 to
Daily FX Update
EUR FAILS TO RALLY ON ITALY NEWS GIVEN ECB FOCUS – USD – DXY near four week highs around 83.00. – CAD flat trading in narrowed range since BoC on lack of catalyst.
Morning FX Market Commentary
On Tuesday, EUR/USD lost ground. The move was not really in lockstep with the price developments on other markets and the risk-on/risk-off paradigm, as equities had a strong run.
UBS Morning Adviser
Only The Kiwi Flies Central banks are being forced to change stance. Following yesterday’s weak PMI data, the European Central Bank is now likely to cut interest rates on May 2.
FX Daily
Key news – US equity markets closed higher and Asian bourses are trading with gains. – Economic data continue to point to a period of slower global growth.
Technical Alert
USD/Scandies in an impulsive take off! EUR/USD A non sustained break, USD/JPY Downside spike points up, AUD/USD Still a correction case, EUR/SEK Broke above the 233d ma,
EUR/USD Technical Analysis
(1,3000) The EUR/DOLL confirmed a weak closing below last week’s low supporting further weakness. It failed however to confirm the break below the support of the inside day at 1,2990 but
Daily Market Technicals
EUR/USD: Slips Below $1.3000 – Daily Studies Slide. The pair slipped below the Apr 17 low and 5-wk MA, former supp at $1.3002, and now holds just below while dly studies continue to decline.
EUR/USD Analysis
The pair Closed in NY Tuesday at $1.2998 after slipping back from a NY recovery high of $1.3028 to $1.2988 before edging higher into the close.
Daily FX Update
WEAK ADVANCE EURO AREA PMI’S SHIFT FOCUS TO ECB – USD – DXY back to early April highs on retracement of recent decline. – CAD weakness continues on weak global growth; risk is retail sales.