Tag Archives: EUR/GBP

UBS Morning Adviser

Eurozone improvement is an opportunity and a threat As periphery yields continue to decline, Eurozone-exposed economies such as the Nordics and

Daily Technical Report

EUR/USD has broken the support at 1.3621.Coupled with the false breakout of the keyresistance area between 1.3811 (11/12/2013high) and 1.3832, a medium-term double-top islikely underway.

FX Daily

Euro PMI services are due for publication. The first release of the Spanish and Italian figures is expected to confirm the stronger growth in the periphery countries.

UBS Morning Adviser

Although the euro failed to start 2014 on a strong note, it was a different story forperiphery bonds. As of the European close on Friday January 3rd, the spread betweenthe 10-year papers of Spain and

Forex Weekly Report

Despite the strong recovery in the UK economy, we note that very littlehas been reflected in the EUR/GBP cross. This has led to a strongoutperformance of German government bonds when compared to

Daily Technical Report

EUR/USD is currently trading close to the38.2% retrace of the 1.3296 – 1.3893 rise. Scopeis seen for a fresh leg higher from the currentregion to retest the 1.3900 zone.

FX Daily

Market movers today * Euro area money supply data covering November are due for publication.

FX Daily

Market movers today * In Europe we expect further improvement in manufacturing PMIs in Italy and

EUR/USD continues to exhibit a bullish dailystructure following its peak last Friday at 1.3893,just shy of a multi-month falling trend line. Weanticipate a further swing higher to retest the1.3900 region,

Daily Technical Report

EUR/USD peaked at 1.3893 last Friday, just shyof a multi-month falling trend line. Scope is nowseen for a further swing higher to retest this keyarea of resistance once again where supply isanticipated.

Daily Technical Report

EUR/USD is moving higher towards the keyresistance area between 1.3811 (11/12/2013high) and 1.3832. Hourly supports now stand at1.3724 (25/12/2013 high) and 1.3650 (25/12/2013low).

FX Daily

It appears we have a very quiet day ahead of us, with no major data releases in the calendar today. Risk sentiment is slightly positive in financial markets as data have been better than expected and