Tag Archives: EUR/CHF
Daily Technical Report
EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows.
UBS Morning Adviser
Three forces taking turns The Australian dollar weakened during the course of 2013 under the weight of three key forces:
FX Daily
The US markets are closed due to Martin Luther King day. With no significant data on the calendar either it is likely to be a quiet day.
Daily Technical Report
EUR/USD has thus far failed to significantlyretrace its decline from the peak at 1.3893. As aresult, a test of the recent low at 1.3549(09/01/2014 low) is favoured.
FX Daily
US housing starts and building permits should give us a better idea of a possible bad weather impact in December as suggested by the disappointing labour market report for December.
UBS Morning Adviser
Governments are looking at generating inflation too Combating deflation is a global priority, but developments in national labour markets have been at the forefront of such structural headwinds for prices.
Daily Technical Report
EUR/USD has thus far failed to significantlyretrace its decline from its peak at 1.3893.Yesterday’s weakness favours a test of the recentlow at 1.3549 (09/01/2014 low).
UBS Morning Adviser
Cross-asset confidence supporting risk The FOMC’s December taper should have been the event which would signal the end of secular declines in FX volatility.
FX Daily
In the data calendar the main event is US consumer prices for December. We expect inflation to accelerate to 1.5% y/y from 1.2% y/y mainly on the back of higher food prices.
Daily Technical Report
EUR/USD remains in a bullish rising trend whileabove the key low at 1.3549 (09/01/2014 low).From a very near-term perspective, providedprice can maintain a foothold over 1.3600,
UBS Morning Adviser
Worse to come before it gets better The Canadian dollar continued its slide overnight, with USDCAD rising to highs not seen since Oct. 2009.
FX Daily
In Germany the first GDP estimate for 2013 as a whole will be released and indirectly this should also give us the first estimate for GDP growth in Q4.