Tag Archives: EUR/GBP
FX Daily
Market movers today * The final euro inflation figure will be interesting after the flash estimate dropped to 0.7% and the ECB cut the refi rate.
UBS Morning Adviser
What’s Broken in Scandies? In an environment where markets appear to be seeking daily for the next victim of funding stress and balance of payments problems,
US Morning Update
Major Overnight Headlines German Q3 GDP in-line at 0.6% QoQ, intra-Euro Area trade flows a net drag on growth
Daily Technical Report
• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). A resistance stands at 1.3548 (see also the broken rising channel).
Morning FX Market Commentary
Sterling sharply higher versus both euro and dollar Sterling was the winner of the day helped by a strong labour market report,
FX Daily
Market movers today * Focus on the euro area with the release of preliminary Q3 GDP figures.
UBS Morning Adviser
G10 Post-Plenum In our Cross Asset Macro Strategy 2014 Outlook (Nov 11th), we highlighted 10 ‘alternative scenarios’ which could seriously surprise markets.
Daily Technical Report
• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). The resistance at 1.3449 (05/11/2013 low) is challenged.
FX Daily Majors
Today’s highlights: * GBPUSD’s break below the 1.5894 October low sets a bearish “double top”.
Morning FX Market Commentary
Sterling hammered after sharp decline in UK inflation An unexpected drop in UK inflation triggered quite a substantial repositioning in sterling.
Still bearish GBP vs USD, neutral on crosses
There are two large cross-currents impacting sterling at the moment. Here’s ourassessment of each and ultimate implications for GBP.
The euro is clawing back earlier losses, especially against the scandies
EUR/USD: The market failed to contain the pair inside a contractingcontinuation pattern, but it is likely still a bearishcontinuation formation more like a “Flag”