Tag Archives: EUR/GBP
EURUSD mulls new lows
EURUSD traded at new four-month lows this morning, even as an official statement tries to take back Dijsselbloem’s ill-advised comments on Cyprus from Monday.
FX Daily
– Risk sentiment improves on strong US data – Investors turn attention away from Cyprus and equity markets rise
Daily FX Technical Strategy: CAD and NOK recharged
A rebound in energy prices – both WTI crude and natural gas – is likely catalysing the near-term strength in the CAD and NOK.
EUR/GBP Technical Analysis
(0,8477) EUR/GBP confirmed further consolidation remaining interior the negative outside day with 0,8575 – 0,8445 still the levels to follow in the coming hours.
FX G10/EM Morning Trader Views
EURUSD – Mkt sold the fact yesterday stopping itself begrudgingly back into the short eurusd trade, helped in no small part by comments from the head of eurogroup finance ministers suggesting the Cyprus bailout could be a template for the rest of Europe.
FX Daily
– Cyprus bailout deal increases fear of the potential effects of capital control and the risk of contagion across Europe
Daily FX Technical Strategy: USD/JPY seasonal support
While the USD is maintaining its larger bull trend against the EUR for the time being, a USD pullback is taking hold against the JPY.
Technical Alert
The euro is the overall underdog, driven lower by EuroStoxx and especially EuroStoxx Banks index… EUR/USD closed low enough to argue for additional losses today,
EUR/GBP Technical Analysis
(0,8472) EUR/GBP confirmed a weak closing after having formed a negative outside day with 0,8575 – 0,8445 the levels to follow in the coming hours.
EUR/GBP Technical Analysis
(0,8537) EUR/GBP formed on Friday a positive day reversal but only a daily closing above 0,8546 will confirm a s7t bottom supporting a larger rebound.
FX G10/EM Morning Trader Views
EURUSD – A relief rally o/n in asia as the headlines said ‘deal agreed’, although still a lot to be done. I not a massive believer in the upmove and feel the spike o/n has cleaned the decks of those who faded the spike to 1.30 friday and left tight stops.
FX Daily
– Cyprus bailout agreement of EUR10bn has been reached – Deposits below EU guarantee of EUR100,000 are spared but the deal creates dangerous precedent for future bail-out negotiations