Tag Archives: EUR/CHF
US dollar set to strengthen in the short-term
USD: under pressure because of the Fed As expected, the US dollar failed to appreciate in a week shortened by the Thanksgiving celebration and bereft of any major economic statistics.
Technician
EUR/USD – Momentum is now slightly pro-growth, but indicators show some loss of momentum. Room for further growth seems limited; return to 1.3488 will likely follow later on.
Daily Technical Report
EUR/USD’s rise is still viewed as a short-termrebound. Monitor the test of the resistances areadefined by the 61.8% retracement at 1.3627 and1.3651 (21/10/2013 low).
FX Daily
Market movers today * Focus will be on global PMIs. We expect the Spanish and Italian flash PMI manufacturing figures to increase and
UBS Morning Adviser
Pricing BoC Caution The Bank of Canada is one of several central banks looking to sign off on policy for the year this week.
Daily Technical Report
• EUR/USD’s rise is still viewed as a short-termrebound and is now close to the resistance areadefined by the 61.8% retracement at 1.3627 and1.3651 (21/10/2013 low).
UBS Morning Adviser
AUD Dependencies Exposed Overnight news flow served reminder of the important role played by foreign direct investment in supporting the Australian dollar – and the risks to the currency if those inflows were to fade.
Daily Technical Report
• EUR/USD has moved above the resistance at1.3579, reflecting a persistent short-term buyinginterest. Another resistance can be found at1.3651.
UBS Morning Adviser
AUD: Beyond The Horizon Australia’s quarterly capex survey contained some bright spots overnight,
FX Daily
Market movers today * Germany releases the first inflation data for November. The annual inflation rate (HICP) is expected to rise slightly to 1.4% (consensus 1.3%) from 1.2% in October.
Daily Technical Report
EUR/USD has moved above the resistance at1.3579, reflecting a persistent short-term buyinginterest. Another resistance can be found at1.3651.