Tag Archives: EUR/USD
UBS Morning Adviser
CBs Sounding Deflation Alarm? St. Louis Fed President James Bullard’s warning that the Fed may buy more bonds if ‘inflation continues to go down’ on Tuesday is a warning signal for markets rattled by the decline in
EUR/USD Technical Analysis
(1,3065) The EUR/DOLL confirmed a session of consolidation remaining interior the range of the previous session.
Technical Alert
Yesterday turned out to be mainly a day of congestion and consolidation except for the Scandies that continued to weaken.
EUR/USD Analysis
Closed in NY Thursday at $1.3050 after rate had seen recovery highs of $1.3096, only to be repulsed ahead of $1.3100,
Daily FX Update
EUR PROVES HIGHLY SENSITIVE TO ECB OUTLOOK – USD is broadly weaker, as risk appetite recovers slightly.
EURUSD – bull trap at 1.3138 followed by uptrend break, bear flag
The uptrend from early April was broken with yesterday’s bearish reversal. The reversal is notable as it began from a long-term pivot near 1.3172 that dates back to last fall.
Daily FX Technical Strategy: USD/CAD nascent bid
Along with commodities that are under pressure once again this morning, inflationary expectations (as measured by the US 10yr breakevens) continue to drop.
FX Daily Strategist: Europe
Despite a dovish ECB, EURUSD attractive under 1.30 The EUR has been the currency under pressure after comments from the Bundesbank President Jens Weidmann who said that the ECB may cut rates if additional information warrants such a move.
Morning FX Market Commentary
On Wednesday, trading on global markets remained very nervous and there was also no clear intr- market correlation.
FX Daily
– Italy’s centrist parties seem to have reached last-minute deal on presidential candidate – Weidmann comments add to odds for an ECB rate cut
UBS Morning Adviser
Japan Locals In No Hurry Japanese investors were net sellers of foreign bonds again last week, according to official ‘hard data’ released overnight (Chart 1).
EUR/USD Technical Analysis
(1,3045) The EUR/DOLL confirmed a negative closing forming also a bearish engulfing pattern suggesting lower levels toward the 200 days line at 1,2925!!