Tag Archives: EUR/GBP

UBS Morning Adviser

Follow the risk reward for dollar trades After two difficult weeks risk appetite is finally showing signs of stabilising.

EUR/USD has broken the support at 1.3508.Despite the current lack of follow-through, wefavour a bearish bias as long as prices remainbelow the resistance at 1.3573 (31/01/2013 high,see also the steep declining trendline).

FX Daily Majors

Today’s highlights: AUDUSD immediate risks stay higher to .9079/87, which we look to cap to keep the medium-term bear trend in place.

FX Daily

The main event is the ECB meeting, where we expect a refi rate cut to 0.1%. During January we have seen low inflation and declining inflation expectations combined with higher short-term money market rates

EUR/JPY seen as a selling opportunity, $ index higher Thursday

EUR/USD: As we now are into the fourth day of consolidating the steepJan 30-31 decline the bear flag created is getting mature.

UBS Morning Adviser

Whither EURGBP if/when BoE and ECB diverge? The February decisions by the ECB and BoE (next week’s inflation report included) may put

FX Daily Majors

Today’s highlights: USDJPY stays bearish near term to test a more important support zone at 100.11/99.25.

Daily Technical Report

UBS Morning Adviser

Still exposed to FX after all Japanese investors have been slow to embrace FX risk in the wake the BoJ’s QQE program – at least that’s the common interpretation of official portfolio flow data.

FX Daily

Italian and Spanish service PMIs are expected to show further improvement and based on the flash euro-area PMIs, our forecasts are above consensus.

Daily Technical Report

EUR/USD has broken the support at 1.3508.Despite the current lack of follow-through, wefavour a bearish bias as long as prices remainbelow the resistance at 1.3573 (31/01/2013 high).

FX Daily Majors

Today’s highlights: USDJPY risks stay lower to a more important support zone at 100.09/99.25.