Tag Archives: EUR/GBP

FX Daily

The German IFO business survey will give more information about whether thenegative impact from the global slowdown in Q1 is about to fade.

Daily Market Technicals

Oscillation around the 21-DMA continues with spikes towards the 200-DMA lacking follow through. The $1.3670-77 region remains key resistance with

EUR/GBP weekly– Make or break at 0.7961!

• Having already exceeded the internal 76.4 % retreatment at 0.8005 quite a bit,

EUR/CAD daily – Make or break at 1.4600!

• The idea that the decline from the 1.5588 top is nothing else but

FX Daily Majors

Today’s highlights: USDCAD continues to fall sharply after completing a bearish continuation pattern and

UBS Morning Adviser

Headline CPI of +2.7% YoY shows inflation still elevated after MAS cut forecast Singapore May headline CPI released today showed ongoing upward pressure in all major areas except for clothing and communication,

FX Daily

The main focus today is euro PMIs. We expect the manufacturing PMI to declinefurther due to the lagged effect of the global slowdown in Q1.

Daily Market Technicals

EUR/USD continues to chop around the 21-DMA with spikes towards the 200-DMA so far lacking follow through.

EUR/GBP: Long or Short

Barclays’ rationale behind the short EUR/GBP trade is as follows:

Weekly Economic & Financial Commentary

U.S. Review Inflationary Pressures Mounting, But Fed Holds Tight

EUR/GBP weekly– Make or break at 0.7961!

• Having already exceeded the internal 76.4 % retreatment at 0.8005 quite a bit, chances of running into

FX Daily Majors

Today’s highlights: GBPUSD above multi-year range resistance at 1.7044/49 should see strength extend to our target of 1.7330.