Tag Archives: EUR/GBP

FX Daily Strategist: US

Look to fade GBP rally on dovish Inflation report; Jobs data on Aug 14 key We remain negative on GBP after the Bank of England having moved to state-dependent forward guidance.

US Morning Update

Major Overnight Headlines • JPY rises as Japanese repatriation speculation builds, Nuclear crisis intensifies; 10-yr JGB yield at 3-month low

EUR/GBP Technical Analysis

(0,8675) EUR/GBP confirmed a correction forming a positive day reversal. Only a daily closing above 0,8675 will however confirm a s/t bottom.

FX Daily

Market movers today • We expect German industrial production to decline 0.2% m/m in June as manufacturing PMI decreased in June and factory orders were down 0.5% m/m in May.

UBS Morning Adviser

JPY: The ETF Dimension Since Bank of Japan Governor Kuroda unveiled his new QQE policy in April, FX investors have focused almost exclusively on the JGB-side of the program.

FX Daily Majors

Today’s highlights: • NZDUSD has held the .7687/49 range lows, but we stay bearish for an eventual breakdown to .7458/56.

EUR/GBP Technical Analysis

(0,8640) EUR/GBP confirmed a very weak closing last night well below the lows of the previous few sessions. Further weakness is possible if not even probable!!

FX Daily

Market movers today • German factory orders are expected to increase after two months of decline.

UBS Morning Adviser

Of Beats and Betas On Monday UBS Equity Research upgraded Europe (ex-UK) equities to neutral from underweight,

Daily FX Wrap and Strategy

The NZD has recouped nearly all of its Monday morning losses over the past 24 hours. The NZD/USD and NZD/ AUD are currently trading at 0.7810 and

FX Daily Majors

Today’s highlights: • NZDUSD has fallen sharply overnight to test and again hold for now key support at .7687/83.

EUR/GBP Technical Analysis

(0,8680) EUR/GBP confirmed on Friday a negative closing but it failed to confirm Thursday’s negative day reversal.