Tag Archives: EUR/GBP

FX Daily Majors

Today’s highlights: • GBPUSD has put in a bearish “outside” day and broken below 1.5401,

Morning FX Market Commentary

Dollar extends gains On Friday, the global repositioning slowed a bit, but the trend remained in place.

Daily FX Technical Strategy: CAD hot on the heels of AUD

The effects of higher US yields continue to ripple across assets. Even currencies that were relatively lagging in their response (such as the KRW and CAD)

FX Daily

Market movers today • German IFO expectations are projected to decline in line with the decrease seen in the German manufacturing PMI in June.

EUR/GBP Technical Analysis

(0,8524) EUR/GBP confirmed a weak closing below the low of the previous session confirming therefore also the suggested bearish engulfing pattern.

UBS Morning Adviser

USDJPY: The Outlook Brightens Prime Minister Abe’s party and his political allies together won an overall majority in regional elections held over the weekend in the Tokyo metropolitan area.

FX G10/EM Morning Trader Views

EUR – Eur , helped by eur x selling, caught up yesterday with the broader usd move posting a low at 1.3161

Morning FX Market Commentary

Dollar profits from higher yields and rising volatility The Fed’s policy assessment and negative news on China triggered a sell-off in risky assets with funds looking for shelter in the dollar.

FX Daily

Market movers today • Markets will continue to digest the outlook for Fed tapering.

EUR/GBP Technical Analysis

(0,8544) EUR/GBP formed a bearish engulfing pattern suggesting further downside potential, especially in case of a daily closing below 0,8517!!

UBS Morning Adviser

Risk Off Yet Carry On The market is clearly still suffering from ‘tapering indigestion’ but Bernanke would have not chosen the words used unless he was confident enough that sentiment would stabilise.

EUR/GBP Technical Analysis

(0,8547) EUR/GBP confirmed still a positive closing last night but failed to break above 0,8600 for now.