Tag Archives: EUR/GBP

FX Daily Majors

Today’s highlights: EURGBP as expected has broken below .8230 to keep the bear trend in place for our core target at .8165/55.

FX Daily

It will be another quiet day in terms of data. The UK releases its unemployment report at 10:30 CET and we look for a further decline in unemployment to 7.2% in November from 7.4% in October.

UBS Morning Adviser

Can the BoC use the CAD as a direct policy tool? The Bank of Canada is expected on Wednesday to join the growing list of minor G10 central banks in anchoring expansionary policy guidance.

EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows. Monitor the bounce attempt nearthe support at 1.3524.

FX Daily Majors

Today’s highlights: EURGBP is expected to see a break of the .8230 recent low, for our .8165/55 target.

UBS Morning Adviser

Tapering losing influence over some trades For the bulk of the last three quarters, markets have designated US policy and

FX Daily

German ZEW is expected to have risen further in January to 64.0 from 62.0 in December. This would mark the highest level since 2006.

Technician

EUR/USD: Momentum is now tilted towards decline. Consolidation around 60-day moving average is still possible (200-day/20-day moving average range),

FX Daily Majors

Today’s highlights: EURUSD reinforces its top below 1.3548, and we stay bearish for 1.3458, then 1.3357/24.

Daily Technical Report

EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows.

UBS Morning Adviser

Three forces taking turns The Australian dollar weakened during the course of 2013 under the weight of three key forces:

FX Daily

The US markets are closed due to Martin Luther King day. With no significant data on the calendar either it is likely to be a quiet day.