Tag Archives: EUR/GBP

FX G10/EM Morning Trader Views

EUR – Feels set for another day in dullsville, with little in the way of data to focus on. Illiquid, choppy price action is expected as interest levels are set to be low.

UBS Morning Adviser

JPY: More Weakness Ahead The ruling LDP-New Komeito coalition scored another emphatic political victory overnight

Morning FX Market Commentary

Dollar rebound running into resistance On Thursday, the dollar couldn’t maintain the positive momentum from the previous session.

EUR/GBP Technical Analysis

(0,8627) EUR/GBP confirmed a weak closing below the low of the previous session confirming therefore the negative key day reversal.

UBS Morning Adviser

Into Japan’s Elections The yen has been the main mover this morning in Asia. Earlier,

Morning FX Market Commentary

Sterling jumps as BoE hints at no additional bond purchases The focus of the currency markets was on Bernanke, but the moves were limited.

EUR/GBP Technical Analysis

(0,8627) EUR/GBP formed a negative key day reversal suggesting a s/t top is in place; in the candle stick chart it formed also a bearish engulfing pattern supporting lower levels!! 

UBS Morning Adviser

Dollar Bears Beware Bernanke Financial markets interpreted Federal Reserve Chairman Bernanke’s Congressional testimony as dovish with the dollar softening,

FX G10/EM Morning Trader Views

EUR – Another position cleanse yesterday taking us to 1.3155 in ldn and 1.3174 in ny.

Morning FX Market Commentary

Dollar in the defensive ahead of Bernanke The dollar lost further ground on Tuesday as investor stayed cautious on the US currency ahead of the Testimony of Chairman Bernanke before Congress today and tomorrow.

USD bulls getting picky

Heading deeper into the Northern hemisphere summer, FX price action is becoming increasingly choppy.

EUR/GBP Technical Analysis

(0,8700) EUR/GBP confirmed a strong closing but missed to confirm one above the 0,8700 level. We are surprised to see this cross up here and believe it’s well overdone but