Tag Archives: EUR/GBP
Daily Technical Report
EUR/USD continues to post lower highs sinceits high at 1.3739. An hourly support area nowstands between 1.3603 (29/01/2014 low) and1.3583 (22/01/2014 high).
FX Daily Majors
Today’s highlights: USDJPY stages a bearish “outside” session which leaves the immediate risks lower to 101.02/100.62.
UBS Morning Adviser
Despite the EM selloff, liquidity concerns Despite the perception of volatile FX markets in recent days due to the Emerging Market selloff,
FX Daily
Emerging markets continue to be the focal point. As long as this is the case financial markets will take the lead from the development in the EM currencies and macroeconomic data will be of secondary importance.
Daily Technical Report
EUR/USD continues to drift lower after its peakat 1.3739. Hourly supports stand at 1.3625(intraday low, see also 50% retracement) and1.3583 (22/01/2014 high).
UBS Morning Adviser
A question of when, not if There has not been a policy rate adjustment in New Zealand since March 2011, when a 50bp ‘insurance cut’ followed in the wake of the Canterbury earthquake.
FX Daily
We expect the Fed to cut its monthly bond purchases by an additional USD10bn in connection with today’s meeting and hence stick to its unofficial plan for tapering.
Daily Technical Report
EUR/USD continues to struggle after its Fridayintraday bearish reversal near the resistance at1.3699. Hourly supports stand at 1.3625 (intradaylow, see also 50% retracement) and 1.3583(22/01/2014 high).
EM corrections (not trend-benders) elsewhere mostly consolidation
EUR/USD: The ongoing decline from the recent high (1.3740) lookscorrectional. Intraday conditions would once again bebullish if/when the “B-wave high” at 1.3717 is taken out.
UBS Morning Adviser
Future guidance also now under the spotlight FX investors are still coming to terms with the near-spontaneous improvement in UK economic data several months ago.
FX Daily
Focus will be on emerging markets where one of the important battle lines so far has been Turkey’s attempt to stabilise its currency.
Daily Technical Report
EUR/USD made an intraday bearish reversallast Friday near the resistance at 1.3699, whichfavours short-term caution. Hourly supportsstand at 1.3625 (intraday low) and 1.3583(22/01/2014 high).