Tag Archives: EUR/GBP

Daily Technical Report

EUR/USD has broken its short-term risingtrendline, suggesting the end of the recentrebound. A new phase of weakness is favoured.An hourly support lies at 1.3390 (13/11/2013 low).

Morning FX Market Commentary

EUR/USD nosedives on rumours of a negative ECB deposit rate. On Wednesday, the stalemate in EUR/USD was unlocked.

FX Daily

Market movers today * In the data calendar the main events are the releases of flash PMIs for the euro area, Germany and France.

UBS Morning Adviser

Yen Pointers From Nikkei The ‘big’ GPIF announcement has come and gone, and USDJPY watchers are still none the wiser as to when the big structural reforms can materialise.

Daily Technical Report

EUR/USD has breached the resistance at1.3548 (see also the broken rising channel), buthas thus far failed to hold above it, suggesting apotential false breakout.

Morning FX Market Commentary

No clear trends, but euro remains well bid. There was again no high profile story to guide trading in the major currency cross rates.

FX Daily

Market movers today * In the data calendar focus will mainly be on a number of US data for October.

UBS Morning Adviser

Fed Chair Bernanke overnight mostly reiterated the message from the Sept 18post-FOMC press conference, and the dollar sold off briefly before recovering.

Improved risk sentiment helps the forint and the zloty Hungary USD bond issuance attracts heavy demand While the Czech koruna stays stable (and will for a longer time period) around the EUR/CZK 27.0 level,

Daily Technical Report

EUR/USD continues to grind higher afterhaving successfully tested its recent low at1.3296 (see also the 50% retracement). Monitorthe test of the resistance at 1.3548 (see also thebroken rising channel).

FX Daily Majors

Today’s highlights: * EURUSD correction extends, but we still look for an attempt to try and turn lower again from 1.3548/68.

Morning FX Market Commentary

Dollar remains in the defensive, but no important levels are broken On Monday, the dollar was under some moderate pressure in a session devoid of high profile news.