Tag Archives: EUR/GBP
FX: surprise me not
With US data/speak front quiet, only EMU data can surprise this week – where to? Commodity currencies still under pressure, Chinese data, especially PMI on Thursday, is key…
Daily Technical Report
EUR/USD has thus far failed to significantlyretrace its decline from the peak at 1.3893. As aresult, a test of the recent low at 1.3549(09/01/2014 low) is favoured.
FX Daily Majors
Today’s highlights: USDCAD is conducting a high-level consolidation, but the trend stays higher for 1.1234 next then 1.1666/1727.
FX Daily
US housing starts and building permits should give us a better idea of a possible bad weather impact in December as suggested by the disappointing labour market report for December.
UBS Morning Adviser
Governments are looking at generating inflation too Combating deflation is a global priority, but developments in national labour markets have been at the forefront of such structural headwinds for prices.
Daily Technical Report
EUR/USD has thus far failed to significantlyretrace its decline from its peak at 1.3893.Yesterday’s weakness favours a test of the recentlow at 1.3549 (09/01/2014 low).
FX Daily Majors
Today’s highlights: AUDUSD has collapsed lower overnight and we stay bearish for medium-term channel support at .8720, and ideally .8675.
UBS Morning Adviser
Cross-asset confidence supporting risk The FOMC’s December taper should have been the event which would signal the end of secular declines in FX volatility.
FX Daily
In the data calendar the main event is US consumer prices for December. We expect inflation to accelerate to 1.5% y/y from 1.2% y/y mainly on the back of higher food prices.
FX Daily Majors
Today’s highlights: USDCAD continues to rally strongly after the completion of a medium-term base, and we stay bullish for 1.1234 next.
Daily Technical Report
EUR/USD remains in a bullish rising trend whileabove the key low at 1.3549 (09/01/2014 low).From a very near-term perspective, providedprice can maintain a foothold over 1.3600,