Tag Archives: EUR/USD
EUR/USD Analysis
Closed in NY at $1.2966 after the rate came under pressure on initial reaction to dovish comments from ECB Draghi at the ECB press conference, followed by Italian political wobbles, which saw rate pressed to a low of $1.2950.
Asia FX Analysis
The euro staged a mild recovery off overnight lows in early Asian trade Friday, a move seen as a correction of the losses seen after ECB President Mario Draghi’s press conference.
Euro Falls After ECB Meeting
Euro extends its retreat against dollar after ECB kept rates unchanged at 0.75 and slashed 2013 growth forecast.
A monthly run through the long-term charts
What’ up (or down) with vol? A clear trend has been lower implied EUR/USD vol ever since a Q3’11 high (with an interim bounce during spring this year when overall risk appetite became sour).
FX Daily Majors
Today’s highlights: – EURUSD: Failure ahead of the 1.3140/72 resistance zone occurs as expected, with a corrective phase commencing for back to 1.2972/49 support initially.
Global Technical Watch – Coinciding EUR hurdles
The EUR is approaching important resistance areas across the board. Figure 1 highlights these levels against the JPY, CHF, USD, and GBP.
Technical Analysis
€/$ key resistance at 1.3140 survived at least the first attemt, YEN has weakend some but whereas USDJPY looks like a bullish continuation pattern EURJPY looks tired,
EURUSD headed for 1.3000 test post-ECB?
ECB on tap – no rate cut expected, but could we see a set up meeting for a rate cut down the road? Also, the US employment report could move market more than recent reports if it proves a surprise to consensus.
FX Daily: I’m Bullish Christmas
For all the uncertainty around the global economy, data has followed a remarkably consistent pattern since 2009: it has weakened sharply over the summer months but bounced strongly into winter.
Daily Market Technicals
EUR/USD: Bulls Eye Sept 17 Reversal High. The pair fades before reaching the Sept 17 high of $1.3144 as daily tech studies turn lower.
US Market Summary
The dollar was holding a mixed tone Wednesday, slipping slightly against the euro as it relinquished some overnight strength but gaining against the yen in moves that were linked to a positive tone in U.S. stocks.