Tag Archives: EUR/CHF

Daily Technical Report

EUR/USD is challenging the key support at1.3621 (see also the rising trendline), which wasthe minimum short-term downside risk impliedby the recent double-top. Another supportstands at 1.3524.

UBS Morning Adviser

Fed Lessons for BoE Friday’s UK GDP release might not have the same impact as other activity data but at the very least,

FX Daily

Very little of wider interest in the calendar today. With markets increasingly gearing down for the holiday season liquidity could become increasingly thin in coming days.

Daily Technical Report

EUR/USD has broken the support at 1.3709,validating a short-term double-top. A test of thekey support at 1.3621 is expected as long asprices remain below the resistance at 1.3723(17/12/2013 low).

FX Daily

On a day with mainly tier 2 data, markets are likely to further digest yesterday’s FOMC announcement . US initial jobless claims are due for release at 14:30 CET but

UBS Morning Adviser

Shifting the Guidance Burden The Fed has spoken – taper and begin advancing the policy debate away from QE.

Daily Technical Report

EUR/USD remains well supported as can beseen by the potential short-term symmetricaltriangle, which usually acts as a continuationpattern. An horizontal resistance stands at 1.3811(11/12/2013 high).

UBS Morning Adviser

Corporate Japan Emboldened Two days ago we reported that portfolio investment abroad by Japanese investors is running well behind schedule this fiscal year.

Today is the day we expect the Fed to start tapering asset purchases. We believe the Fed will taper by USD10bn but at the same time strengthen the forward guidance by revising lower the profile for the Fed Funds rate to

Daily Technical Report

EUR/USD remains well supported as can beseen by the bounce from the low at 1.3709. Anhourly resistance stands at 1.3811 (11/12/2013high). Supports now stand at 1.3709 and 1.3621.

FX Daily

Market movers today * German ZEW is expected to rise slightly from an already high level.

UBS Morning Adviser

Stagnation Already Secular? As we head into this year’s final FOMC, we should not forget that the Fed’s forward guidance,