Tag Archives: EUR/USD

FX Daily Majors

Today’s highlights: EURUSD spotlight turns back to the 1.2358 low,

AUD rebounded to 0.87 this morning, but still below its Friday high post PBoC’s rates cut.

EURUSD: The unforeseen sharp move lower prematurely ended the upward correction and

German IFO expectations are expected to show signs of improvement.

The break below $1.2499 opened the flood gates on Friday and has resulted in a move that has so far found

The pair started this morning at $1.2376 after Friday’s $1.2375 to $1.2438 range during the US hours.

We might have to revise down our GDP growth forecasts for calendar 2014, even 2015 (because of the new historical base presented),

The ECB is getting more vocal on a potential full-scale QE as inflation and inflation expectations threaten its price-stability mandate.

The combination of China’s interest rate cut and President Draghi strong words suggest a heightened level of

EUR/USD is challenging the resistance at1.2577 (see also the declining trendline).

USDJPY extended its move lower to 117.50 on the back of Aso’s comments.

EURUSD: It is possible that a correction low was put in place yesterday