Tag Archives: EUR/GBP
UBS Morning Adviser
Policy validation stems from removing the price expectations driver Forward guidance was never going to be uniform across the distinct policy constructs of individual central banks,
Daily Technical Report
EUR/USD significantly weakened yesterday,suggesting a pickup in selling pressures. A breakof the hourly support at 1.3552 would open theway for a further decline towards the support at1.3477.
Risk of soft Riksbank and annual address by Governor Olsen in Norway
Today attention turns to Scandinavia with the Riksbank meeting as the main event. Our view is that rates and the rate path will be kept more or less unchanged.
FX Daily Majors
Today’s highlights: EURGBP’s collapse from the .8351/66 barrier keeps us bearish and turns attention back to key support at .8165/55.
UBS Morning Adviser
The times are changing For much of the past 3 years, it made sense to play the unfolding Australian macro story through the rates space.
FX Daily
US retail sales likely got off to a soft start in January following a strong finish to2013. As consensus we look for 0.0% m/m in total retail sales and 0.1% m/m in retailsales ex autos and gasoline.
US Morning Update
Conditions during the London morning were once again supportive of ‘risk’, following Yellen yesterday and surprisingly good Chinese data overnight.
Daily Technical Report
EUR/USD weakened yesterday close to theresistance at 1.3685 (50% retracement), makingan intraday bearish reversal. A break of thehourly support at 1.3609 would negate the shorttermpositive structure.
Norwegian GDP to support the NOK
In the UK the event of the week will be today’s Bank of England Inflation Report (IR). The MPC has indicated that the forward guidance framework will be reviewed in the IR as unemployment has come down rapidly to
FX Daily Majors
Today’s highlights: AUDUSD spotlight turns to important resistance at .9078/87, a break above which would see a base.
UBS Morning Adviser
Liquidity Preference Immune to Guidance Tweaks (so far) The policy implications from the BoE’s inflation reports will dominate proceedings for short-dated interest rates,
FX Daily
Euro-area industrial production is likely to show a decline in December followingthe strong gain of 1.8% m/m in November. Most euro countries have publisheddeclines in industrial production for December.