Tag Archives: EUR/GBP
Corporate Hedging Monthly – Monitor
The corporate hedging monitor is slightly less bullish EUR/USD than two months ago as a result of the EUR being less undervalued on a FEER basis.
UBS Morning Adviser
EURUSD has now dropped five big figures in less than two weeks, drivenmainly by fears of a more robust ECB response if inflationary pressures are notrekindled.
Daily FX Wrap and Strategy
The NZD was the strongest performing currency last week. Actually, the more appropriate title might be ‘least worst’ performing,
FX Viewpoint: USD bulls awake
“I think I will abstain from judging the markets. This is one of the hardest things to do and it is usually quite useless because they do what they want, no matter what.”
Weekly Economic & Financial Commentary
U.S. Review: What Government Shutdown? · Nonfarm payrolls surprised to the upside as the federal government shutdown did little to deter private-sector employers from hiring more workers.
EUR down as a result of ECB decision-making
The euro extended its correction this week, setting a low of 1.33 against the US dollar, before recovering above 1.34 following Thursday’s surprise interest rate cut by the European Central Bank (ECB).
Morning FX Market Commentary
Euro plunges after ECB rate cut The surprise ECB rate cut and to a much lesser extent the stronger US GDP report pushed EUR/USD 200 pips lower to about 1.33,
FX Daily Majors
Today’s highlights: * EURUSD breaks key price, trendline and 38.2% retracement support at 1.3464/21 to mark a better top, for 1.3220 initially.
UBS Morning Adviser
There’s a USD in EURUSD Ex-post, the ECB clearly ‘delivered’. EURUSD ended European trading on Thursday materially lower than levels after the CPI reading last week.
FX Daily Majors
Today’s highlights: * GBPUSD has found selling at 1.6115/25 – the “neckline” to the recent top and 61.8% retracement barrier.