Tag Archives: EUR/GBP

FI Viewpoint: xCcy basis swap monitor

In this note, we look into recent development on the xCcy basis swap markets. The focus is tilted towards scandi currencies.

Daily Technical Report

EUR/USD has risen for the last two days,reflecting a persistent short-term buying interest.Monitor the resistance at 1.3579. Supports are at1.3400 (21/11/2013 low) and 1.3296.

Morning FX Market Commentary

IFO triggers euro rebound On Friday, the euro gained across the board as the German IFO business confidence was reported well above consensus.

FX Daily

Market movers today * In terms of data releases we have a very thin calendar.

UBS Morning Adviser

Swedish Depo Lessons The clamour for negative deposit rates in the Eurozone has subsided somewhat in the wake of some less-than supportive comments from ECB heavyweights.

Weekly Economic & Financial Commentary

The release of the minutes of the October FOMC meetingtemporarily raised concerns that the Fed may opt to begin scalingback its monthly security purchases in December,

Daily Technical Report

EUR/USD has broken its short-term risingtrendline, suggesting the end of the recentrebound. However, the hourly support at 1.3390(13/11/2013 low) has held thus far and

FX Daily Majors

Today’s highlights: * USDJPY spotlights turns to the key 101.54/61 barrier. Above here is needed to open up a test of the year’s high at 103.10/74.

Morning FX Market Commentary

Sterling remains well bid The euro profited only modestly from Draghi’s comments that nothing new has been decided about the deposit rate.

FX Daily

Market movers today * In the data calendar the main event is the IFO business survey in Germany.

UBS Morning Adviser

The Bank of Japan is likely to ease policy further in April, but investors haveonly just begun to position for this outcome. So we raise our USDJPYforecasts to 103

FX Daily Majors

Today’s highlights: * USDJPY above 100.62 should reinforce a bullish “triangle” story for 101.54/61, then back to 103.10.