Tag Archives: EUR/GBP
Morning FX Market Commentary
Sterling is testing key resistance EUR/USD held its tight sideways range near 1.36 on Friday.
FX Daily
Market movers today * Focus will be on global PMIs. We expect the Spanish and Italian flash PMI manufacturing figures to increase and
UBS Morning Adviser
Pricing BoC Caution The Bank of Canada is one of several central banks looking to sign off on policy for the year this week.
FX Daily Majors
Today’s highlights: * EURJPY has achieved our long-held 139/141 medium-term target, which we look to cap at first for a correction lower. An eventual break can target 149.25.
Daily Technical Report
• EUR/USD’s rise is still viewed as a short-termrebound and is now close to the resistance areadefined by the 61.8% retracement at 1.3627 and1.3651 (21/10/2013 low).
Morning FX Market Commentary
Euro stays well supported after German CPI data On Thursday, EUR/USD held close to the 1.36 mark as a rebound in German inflation questioned the room for more ECB easing.
UBS Morning Adviser
AUD Dependencies Exposed Overnight news flow served reminder of the important role played by foreign direct investment in supporting the Australian dollar – and the risks to the currency if those inflows were to fade.
US Morning Update
What did not happen during the London morning in terms of FX price action was more than made up for by a factor of 20 in the policy sphere.
Daily Technical Report
• EUR/USD has moved above the resistance at1.3579, reflecting a persistent short-term buyinginterest. Another resistance can be found at1.3651.
FX Daily Majors
Today’s highlights: * EURJPY is on the cusp of our long-held 139/141 medium-term target, which we look to cap at first.
Morning FX Market Commentary
Yen remains under pressure across the board The dollar was under moderate pressure against the euro but was saved by decent US confidence data.