Tag Archives: EUR/GBP
FX Daily
EU foreign ministers are meeting today to decide on further sanctions againstRussia following the MH17 crash. In particular UK’s Cameron is pushing foradditional sanctions.
Daily Market Technicals
Bulls take a little comfort in support having developed at $1.3513 Monday but layers of resistance remain $1.3549-87.
FX Daily Majors
Today’s highlights: URUSD needs to remove the 1.3477 low for the year to confirm a large bear “wedge”.
Daily Technical Report
EUR/USD made an intraday bullish reversalnear the key support at 1.3503 (see also thelong-term rising trendline from the July 2012low) on Friday, favouring a short-term bounce.
We remains short EUR/GBP – BNP Paribas
The minutes to the July BOE MPC meeting will be released on Wednesday and will be scrutinized for further evidence that the Committee is moving towards hiking rates later this year, notes BNP Paribas.
Daily Market Technicals
EUR/USD took out the previous key support region noted $1.3503-12 before bouncing from ahead of the 2014 low.
FX Daily
A light global calendar today with focus likely to remain on the geopolitical tensions. Both US and Europe are increasing the pressure on Russia following the MH17 crash.
Weekly Economic & Financial Commentary
U.S. Review Q2 Appears to Be Ending on a Stronger Note • Retail sales rose a modest 0.2 percent in June, however,
FX Daily Majors
Today’s highlights: EURUSD spotlight remains on support at 1.3513/03. We favour an eventual break below here and 1.3477 to complete a large bear “wedge”.
Daily Technical Report
EUR/USD is close to the key support at 1.3503(see also the long-term rising trendline from theJuly 2012 low).
EUR Trading Strategies For The 2nd Half Of 2014
In a note to clients, BNP Paribas recommends a couple of trading strategies to trade the EUR from the short side during the second half of the year.
FX Daily
Another light data calendar with the US University of Michigan Confidence indicatoras the highlight.