Tag Archives: EUR/CHF

Daily Technical Report

EUR/USD made a sharp bearish intradayreversal near the key resistance at 1.3967yesterday. The support at 1.3865 (05/05/2014low) has been broken, negating the short-termbullish momentum.

UBS Morning Adviser

Low US rates & strong fundamentals boosting KRW Continued low US rates have helped EM portfolio flows and have resulted in a resurgence in EM currencies.

FX Daily

We have a very light data calendar with only secondary data releases scheduled. InEurope both the UK and Italy will release industrial production for March.

EUR/USD has thus far failed to break the keyresistance at 1.3967. However, the short-termtechnical structure is positive as long as thesupport at 1.3865 (05/05/2014 low, see also therising channel) holds.

UBS Morning Adviser

Rhetoric becomes fashionable Like the euro, the New Zealand dollar has been propelled higher over the past year.

FX Daily

We expect today’s ECB meeting to be another wait-and-see one without any neweasing measures. MarioDraghi is expected to continue to sound very dovish as inflation in April again wasbelow ECB’s expectations,

BNPP Introduces A New Forecasting Model

BNP Paribas today introduces a new forecasting model ‘CLEER’ which is a medium-term fair value model for currencies.

Daily Technical Report

EUR/USD has broken to the upside out of itsrecent consolidation between 1.3780 (09/04/2014low) and 1.3906 (11/04/2014 high), opening theway for a test of the key resistance at 1.3967.

UBS Morning Adviser

Market expects BSP to tighten policy at tomorrow’s meeting Bangko Sentral ng Pilipinas (BSP) will hold its May policy meeting tomorrow and

FX Daily

We expect German factory orders to send another signal of solid GDP growth in Q1,as we forecast an increase of 0.4% m/m in March after it rose 0.6% m/m in February.

Daily Technical Report

EUR/USD continues to consolidate after its risefrom 1.3673 (04/04/2014 low) to 1.3906(11/04/2014 high). The technical structureremains supportive as long as the support at1.3780 (09/04/2014 low) holds.

UBS Morning Adviser

Bearish outlook intact Although the Australian dollar mostly failed to react to the Reserve Bank of Australia’s overnight policy statement,