Tag Archives: EUR/GBP

FX Daily

Market movers today • Final euro area service PMIs will most likely confirm that the euro area is moving from recession to slow growth.

UBS Morning Adviser

NZD Hurt By Blue-Sky Event China has imposed an import ban on milk powder and whey protein produced by a major New Zealand exporter.

FX Daily Majors

Today’s highlights: • DXY $ Index has completed a small base. A close above 82.63 today would see a bullish “reversal week”.

Daily FX Volume and Technical Strategy: Pre NFP rush

Heading into event risk later today, the market is prepared to get involved in the strong themes of May and June when the USD was bid,

FX Daily Strategist: Europe

Scandinavian Divergence: New long NOKSEK The SEK has been under pressure after a soft raft of economic data, particularly its GDP and PMI report.

Morning FX Market Commentary

Dollar gains on strong US eco data The post-Fed decline of the dollar was short-lived. Lower US jobless claims and a strong ISM of the manufacturing sector propelled the dollar higher,

FX Daily

Market movers today • ECB will announce the weekly repayment of the 3Y LTRO, which is likely to attract attention as excess liquidity continues to fall towards the EUR200bn mark.

UBS Morning Adviser

AUD: More Bad News Things are going from bad to worse for the Australian dollar.

FX Daily Majors

Today’s highlights: • AUDUSD has broken below the .9000/.8998 lows to see the mediumterm bear trend resume, for .8770 next, then .8674.

Morning FX Market Commentary

Dollar receives conflicting signals On Wednesday, the major dollar cross rates were haunted by conflicting info. At first, the dollar was supported by good US eco data.

The pound is weak going into BoE today

EUR/USD: A double 1.3207-1.3345 watch seems justified. The market went higher after a deeper test lower yesterday, but is again falling back from a fresh high

FX Daily

Market movers today Today’s ECB meeting will be interesting although a rate cut seems unlikely.