Tag Archives: EUR/GBP
UBS Morning Adviser
US Fiscal Deal Reached Congressional negotiators reached agreement overnight on a new package of fiscal measures designed to reduce the severity of forthcoming automatic spending cuts.
Daily Technical Report
EUR/USD has broken the resistance at 1.3622,confirming a persistent strong buying interest.The short-term technical structure remainspositive as long as the key support at 1.3621(06/12/2013 low) holds.
FX Daily Majors
Today’s highlights: * EURJPY’s extension through 141.00 keeps the trend higher to the “neckline” to the 2008 top at 149.25/27.
Morning FX Market Commentary
USD/JPY and EUR/USD are nearing the 2013 top An ongoing risk-on trade and expectations of more BOJ easing are keeping the yen under pressure.
FX Daily
In connection with the ECOFIN meeting EU finance ministers are expected to continue yesterday’s euro-group negotiations about a resolution mechanism for failed banks.
The euro is still bid and the yen relentlessly offered. EUR/SEK targets >9.0050.
EUR/USD: We are stubbornly clinging to the idea of the advance beingcorrectional. We have to admit it has gone farther thanthought, but it looks correctional nevertheless.
UBS Morning Adviser
Don’t Misread Equities One of the biggest talking points in the tapering story is how equity markets will respond to the marginal decline in liquidity provision.
The greenback remains apprehensive
EUR: we remain negative on the single currency As expected, the European Central Bank kept its monetary policy on hold last week,
Daily Technical Report
EUR/USD has broken the resistance at 1.3622,confirming a persistent strong buying interest.The short-term technical structure remainspositive as long as the key support at 1.3621(06/12/2013 low) holds.
Morning FX Market Commentary
Dollar shows mixed picture after strong payrolls On Friday, USD/JPY gained on a strong US payrolls report. At the same time,
FX Daily
Banking union is expected to top the agenda at today’s euro group finance minister meeting, where an agreement on a single resolution mechanism for failing banks remains the main stumbling block.
UBS Morning Adviser
NZD Hinges On Wheeler The recent resilience of the New Zealand dollar owes much to the prospect of several RBNZ rate hikes next year.