Tag Archives: EUR/GBP

Morning FX Market Commentary

Dollar hardly profits from strong ISM On Tuesday, EUR/USD traded with a slightly negative bias. Traders were cautious on the euro ahead of the ECB.

FX Daily

Market movers today * We expect ECB to refrain from cutting rates in connection with today’s meeting but instead signal a rate cut in December.

UBS Morning Adviser

AUDCAD: A Short In the Making Attention is focused on today’s ECB policy decision and Friday’s US nonfarm payrolls report, but relative value FX opportunities elsewhere are still worth monitoring.

FX Daily Majors

Today’s highlights: * NZDUSD has recovered strongly following its defence of key support at .8194/64, but we look for strength to be capped at .8435/47.

Morning FX Market Commentary

Dollar hardly profits from strong ISM On Tuesday, EUR/USD traded with a slightly negative bias.

FX Daily

Market movers today * In the euro area focus today is retail sales and final service PMI.

UBS Morning Adviser

Data Turn Afoot? The upward move in Treasury yields on Tuesday seemingly without any strong fundamental drivers has left markets perplexed.

US Morning Update

Major Overnight Headlines UK services PMI (October) rises to 62.5 from 60.3, beating consensus median

Morning FX Market Commentary

EUR/USD correction takes a breather EUR/USD found a new equilibrium in the 1.35 area after last week’s setback.

FX Daily

Market movers today * ECB president Mario Draghi will speak at 14:30 in Frankfurt.

Softer commodities and commodity currencies (AUD, CAD & NOK)

EUR/USD: We got the small bounce we were looking for all right, nowthe stage is set for sellers to reenter ahead of 1.3535. If theydo and they close the market low,

UBS Morning Adviser

ECB Over-positioned? The euro’s limited rebound on Monday suggests that markets are squarely behind expectations for a material ECB policy signal.