Tag Archives: EUR/GBP
UBS Morning Adviser
Rate Taming Still Needed Messrs Carney and Draghi’s hopes for a simple final meeting before the summer break may have been dashed by the FOMC’s latest assessments.
FX Daily Majors
Today’s highlights: • GBPUSD’s break beneath 1.5264/51 set a top for 1.5105, then 1.5051/24.
FX Daily Strategist: Europe
Canada May GDP data should support the CAD Today’s monthly gauge of Canada’s GDP should reinforce our constructive view on CAD: GDP is likely to have expanded for a fourth consecutive month in May with our economists expecting a 0.3% m/m rise.
Morning FX Market Commentary
Dollar still in the defensive ahead of the Fed. The dollar held near the recent lows against the yen and the euro, but there was no trigger to break those levels ahead of the Fed.
GBP & SEK both look weak & possibly CAD too
EUR/USD: Yesterday’s attempt above a recent 1.3296 high failed. The session close back down at opening levels has left a potentially bearish candle to consider.
FX Daily
Market movers today • All eyes will be on this evening’s FOMC statement. We do not expect any changes in policy but
Daily Market Technicals
EUR/USD posted an outside-day while it struggles to find direction just below the Feb 2013 res line at $1.3327.
UBS Morning Adviser
HIA Hope (Yet Again) Tuesday’s late dollar rally during the London session served as a reminder of the power of the HIA II (Homeland Investment Act) story.
Morning FX Market Commentary
Dollar looking to find a bottom The recent decline of the dollar slowed, both against the euro and the yen.
UBS Morning Adviser
The Franc’s Real Erosion This week’s KOF leading indicator will likely reinforce the relatively robust outlook on the Swiss economy.
Daily FX Volume and Technical Strategy: EUR/JPY uptrend put to the test
As we approach month end, USD/JPY is trading near the same levels of two months ago; such a range-bound environment is likely to persist into August.