Tag Archives: EUR/GBP

UBS Morning Adviser

Worse to come before it gets better The Canadian dollar continued its slide overnight, with USDCAD rising to highs not seen since Oct. 2009.

FX Daily

In Germany the first GDP estimate for 2013 as a whole will be released and indirectly this should also give us the first estimate for GDP growth in Q4.

Daily Technical Report

EUR/USD has thus far failed to break theresistance area between 1.3677 and 1.3687(10/01/2014 high, see also the 38.2%retracement).

FX Daily

In the US we expect headline retail sales to have slowed markedly in December to just 0.1% m/m from a solid 0.7% m/m mainly on the back of a substantial decline in auto sales.

UBS Morning Adviser

Expecting higher dollar versus the yen, Nordic and commodity currencies Fed officials are likely to ‘look through’ Friday’s soft payrolls report.

G10 market trends – EUR still resilient

EUR: still resilient Last week’s European Central Bank (ECB) meeting saw President Mario Draghi adopt a particularly accommodating stance,

Daily Technical Report

EUR/USD moved significantly higher last Fridayand is now challenging the resistance at 1.3677(see also the 38.2% retracement). A short-termbullish flag could be underway,

FX Daily Majors

Today’s highlights: USDCAD maintains a medium-term base and we stay bullish for 1.1234 next, with scope to eventually push onto 1.1666/1727.

Bundesbank Vice President Sabine Lautenschläger is scheduled to testify before the European Parliament’s Economic and Monetary Affairs Committee at 19:00 this evening on her nomination to the ECB board where she replaces Jörg Asmussen.

UBS Morning Adviser

More BoJ easing still likely The heavy price action in USDJPY after Friday’s payrolls report does not change our fundamental view that the USDJPY upswing is likely to extend this year.

FX: from jobs to prices

With UK and US nearing unemployment “thresholds” , inflation will become increasingly more important for currencies.

Weekly Economic & Financial Commentary

U.S. Review Employment Throws a Curve Ball After Fed Tapering • Employment plummeted well below consensus estimates, rising by only 74,000 jobs in December compared to the survey forecast that expected almost 200,000 jobs.