Tag Archives: EUR/CHF

UBS Morning Adviser

EM once again benefits from low US rate expectations EM currencies were again beneficiaries of falling US rates as weaker US data

FX Daily

A quiet start to a quiet week. German industrial production for February is the mainrelease today and is expected to rise 0.1% m/m following a strong increase of 0.8%m/m in January.

EUR/USD has breached the support at 1.3705,confirming an underlying downtrend since thepeak at 1.3967. Another key support stands at1.3643. Resistances can now be found at 1.3753(02/04/2014 low) and 1.3820.

Dollar continues to be in demand. SEK weaker.

EUR/USD: The break, however not yet sustained, of 1.3704 has furtherenhanced our bearish view calling for more selling to soontake place. Short term there will be some further consolidation in

FX Daily

The US employment report for March will be published later today. Uncertainty isquite high given recent distortions from the bad weather. However, we look for adecent report of 195,000 and

UBS Morning Adviser

Stronger income growth in the US would help everyone On Thursday, Draghi may have disappointed investors hoping for more forceful rhetoric on FX.

Daily Technical Report

EUR/USD weakened yesterday, breaking theshort-term rising trendline. Furthermore, thedeclining trendline still favours a bearish bias.Key supports stand at 1.3705 and 1.3643.

FX Daily

Today’s main event will be the ECB meeting. The probability of immediate easingfrom the ECB has declined as indicated by statements from vice presidentConstancio that “the low figure of inflation in

UBS Morning Adviser

Does anyone want to win the balance sheet stakes? President Draghi can expect the usual questioning monetary conditions on Thursday.

Daily Technical Report

EUR/USD continues to bounce after the test ofthe support at 1.3708. However, the decliningtrendline still favours a bearish bias. An hourlyresistance can be found at 1.3847 (25/03/2014high). Another resistance lies at 1.3876.

UBS Morning Adviser

Corporate Inflation Expectations Elevated Surprisingly, Japanese corporates attach some credibility to

FX Daily

We have a light calendar in terms of data releases and markets could be in wait-andseemode ahead of the ECB meeting tomorrow and the US job report on Friday.