Tag Archives: EUR/GBP
UBS Morning Adviser
Only The Kiwi Flies Central banks are being forced to change stance. Following yesterday’s weak PMI data, the European Central Bank is now likely to cut interest rates on May 2.
FX Daily
Key news – US equity markets closed higher and Asian bourses are trading with gains. – Economic data continue to point to a period of slower global growth.
EUR/GBP Technical Analysis
(0,8532) EUR/GBP confirmed a weak closing below the low of the previous session’s negative day reversal suggesting possible retest of the 0,8500 level!!
EUR/GBP Technical Analysis
(0,8533) EUR/GBP formed a negative day reversal while however remaining interior the positive outside day with 0,8595 – 0,8490 still the levels to follow in the coming hours/ session.
Daily FX Technical Strategy: A creeping bid for the USD
US rates markets are maintaining a bullish tack and the risk is for lower yields. However, the implications are mixed for the US dollar at this point.
Morning FX Market Commentary
On Monday, the euro failed (again) to profit from constructive sentiment on the European (equity) markets. The impact of the positive news from the weekend petered out soon and
The FX Quantitative Analyzer
Risky currencies came under pressure, with concerns about the global growth outlook weighing on investor sentiment following soft economic data from the US and China.
FX Daily
Key news – Lower-than-expected China PMI pushes Asian equity markets lower. – US equity markets closed with decent gains – S&P500 up 0.5%.
UBS Morning Adviser
Europe’s PMIs China’s HSBC PMI data came out weaker this morning in Asia, falling from 51.5 to 50.5. Coupled with USDJPY slipping back below 99, stock markets have fallen across the region.
FX Daily Majors
Today’s highlights: – AUDUSD continues to look heavy, with the break beneath 1.0269 clearing the way for a move down to 1.0203, then the multi-month range lows at 1.0104/00.
Morning FX Market Commentary
On Friday, EUR/USD had another lacklustre trading session. There was again little news to guide trading. Risky assets tried a comeback after the losses earlier last week,
EUR/GBP Technical Analysis
(0,8580) EUR/GBP formed on Friday a positive outside day with 0,8595 – 0,8490 the levels to follow in the coming hours/ session.