Tag Archives: EUR/GBP
UBS Morning Adviser
Adjusted Japanese core CPI decelerates, but energy prices up After adjusting for the effect of the April sales tax hike (subtracting 2.0% points from May CPI and
FX Daily
We expect today’s euro-area inflation to increase to 0.7% y/y (from 0.5% y/y in May)from an initial forecast of just 0.5% y/y on the back of the higher-than-expectedGerman inflation numbers released on Friday.
Daily Market Technicals
Pressure remains on last week’s highs to start the new week with the $1.3672-77 resistance region remaining key overall.
EUR/GBP – A range breakout between 0.7959 & 0.8084 is needed for directions
Having already exceeded the internal 76.4 % retreatment at 0.8005 quite a bit, chances of running into
FX Daily Majors
Today’s highlights: USDJPY has broken 200-day average and price support at 101.70/61, and we look for weakness to extend towards 100.84/76.
Daily Technical Report
EUR/USD continues to move within thehorizontal range defined by 1.3503 and 1.3677.Yesterday weakness was met with buyinginterest.
UBS Morning Adviser
Downside risks are mounting Australian dollars bears – including ourselves – have been frustrated by
FX Daily
In the euro area German and Spanish HICP will give the first set of information aboutinflation in June.
Daily Market Technicals
EUR/USD continues to hint at a retest of the 200-DMA following the bounce from Thursday’s lows below the 21-DMA ($1.3596).
EUR/GBP – The odds for a stronger bounce have improved
Having already exceeded the internal 76.4 % retreatment at 0.8005 quite a bit, chances of running into
Daily Technical Report
EUR/USD continues to grind higher within thehorizontal range defined by 1.3503 and 1.3677.Monitor the test of the hourly resistance at1.3644.