Tag Archives: EUR/GBP
FX Daily
Market movers today • We will continue to scrutinise Fed speeches for signs of an imminent scale down of Fed’s asset purchases.
UBS Morning Adviser
EURCHF Shorts Unstuck? EURCHF has not had the best of starts to the week as investors are opting for an abundance of caution amid rising volatility.
FX Daily Majors
Today’s highlights: • NZDUSD has broken lower to our initial support target at .7923/14. We expect this to hold at first, but stay bearish for an eventual break lower to .7808 then .7655.
Daily FX Technical Strategy: Neutralising risk
An ongoing slide in the Nikkei preceded recent profit taking on the JGB bear trend and also on the S&P 500.
FX Daily
Market movers today • May PMIs are the key data releases today. • Consensus expectation is for an unchanged US ISM manufacturing at 50.7 but we see potential for a slight improvement.
EUR/GBP Technical Analysis
(0,8563) EUR/GBP is confirming further consolidation interior the inside day with 0,8610 – 0,8525 still the levels to follow in the coming hours;
UBS Morning Adviser
ECB Lessons for BoJ The Bank of Japan pledged last week to increase the frequency of JGB purchases again to reduce volatility in government bond markets.
Daily FX Technical Strategy: Sterling’s temporary upswing
Renewed weakness in the USD around month end is providing an opportunity for some base metals to rebound.
Morning FX Market Commentary
Currencies: Dollar correction continues The dollar stayed under pressure on Wednesday. The move was in the first place technical in nature. Several USD cross rates were not able to break beyond important levels,
FX Daily Majors
Today’s highlights: • EURUSD aims at 1.3072/73 which we look to try and cap. Only above here would signal a more extended recovery to 1.3195/3243.
EUR/GBP Technical Analysis
(0,8568) EUR/GBP is confirming further consolidation interior the inside day with 0,8610 – 0,8525 still the levels to follow in the coming hours;
FX Daily
Market movers today • We expect only a modest uptick in euro area inflation to 1.4% in May and unchanged 1% core inflation.