Tag Archives: EUR/USD
Daily FX Technical Strategy: A creeping bid for the USD
US rates markets are maintaining a bullish tack and the risk is for lower yields. However, the implications are mixed for the US dollar at this point.
Morning FX Market Commentary
On Monday, the euro failed (again) to profit from constructive sentiment on the European (equity) markets. The impact of the positive news from the weekend petered out soon and
The FX Quantitative Analyzer
Risky currencies came under pressure, with concerns about the global growth outlook weighing on investor sentiment following soft economic data from the US and China.
FX Daily Strategist: Europe
Limited EUR damage from ECB rate cut expectations EURUSD remains confined to a familiar 1.30-1.31 range. The solution to the Italian Presidential election impasse should facilitate the formation of a grand coalition government with a new round of negotiations to start shortly.
EUR/USD Technical Analysis
(1,3049) The EUR/DOLL confirmed also yesterday further consolidation interior the inside day with 1,3210 – 1,2990 still the levels to follow in the coming hours.
FX Daily
Key news – Lower-than-expected China PMI pushes Asian equity markets lower. – US equity markets closed with decent gains – S&P500 up 0.5%.
UBS Morning Adviser
Europe’s PMIs China’s HSBC PMI data came out weaker this morning in Asia, falling from 51.5 to 50.5. Coupled with USDJPY slipping back below 99, stock markets have fallen across the region.
Technical Alert
Some further dollar strengthening progress, JPY weakness hesitating, AUD selling seen drying up for at least a pause and Scandies on a weakening path.Bonds in demand so lower yield.
Daily Market Technicals
EUR/USD: Following Daily Studies Lower – Support At $1.3002. The pair declines after again failing to close above the 38.2% of $1.3711-1.2743 at $1.3115.
EUR/USD Analysis
The pair closed in NY Monday at $1.3066 after rate had been able to recover off session lows of $1.3015. Early trade in Asia was contained within a range of $1.3055/70 before
Daily FX Update
G-20 SETS STAGE FOR USDJPY RALLY – USD mixed as most majors trade within narrow range. – CAD soft as investors focus on energy prices, domestic outlook.
FX Daily Majors
Today’s highlights: – AUDUSD continues to look heavy, with the break beneath 1.0269 clearing the way for a move down to 1.0203, then the multi-month range lows at 1.0104/00.