Tag Archives: EUR/GBP
Daily Market Technicals
EUR/USD continues to find support ahead of the 100-DMA with a close below the 100-DMA not seen since early Feb. Initial resistance is now noted at Monday’s $1.3775 high with
FX Flows From Hedge Funds
Net euro selling over UBS’ books hit a 5-week high last week as ECB President Draghi indicated the strong euro’s disinflationary impact “will have to be addressed”.
This week the scorecard recommends buying GBP…
This week the scorecard recommends buying GBP, NZD and CHF while selling NOK, AUD and USD.
Daily Technical Report
EUR/USD has declined sharply after its bearishreversal near the key resistance at 1.3967. Thesupport at 1.3780 has been broken. A keysupport lies at 1.3673 (see also the rising wedge).
UBS Morning Adviser
This move is not over With EURUSD having already shed about 1.2% since Thursday’s ECB press conference,
FX Daily
Today we have a very light calendar in terms of data releases but there are someinteresting central bank speeches. ECB’s Constancio,
Daily Market Technicals
The sharp move lower to end the week and the close below the $1.3771 previous support has seen immediate focus shift to the 100-DMA which is currently supporting.
FX: not there yet
Draghi did it. A strong correction in the EURUSD is not a change in trend, but the trend support is near…
Weekly Economic & Financial Commentary
U.S. Review From Bad to Worse: A Contraction in Q1 GDP Growth? · The trade balance data this week, for March, showed that the trade deficit was $40.4 billion,
Daily Technical Report
EUR/USD made a sharp bearish intradayreversal near the key resistance at 1.3967yesterday. The support at 1.3865 (05/05/2014low) has been broken, negating the short-termbullish momentum.
UBS Morning Adviser
Low US rates & strong fundamentals boosting KRW Continued low US rates have helped EM portfolio flows and have resulted in a resurgence in EM currencies.
FX Daily
We have a very light data calendar with only secondary data releases scheduled. InEurope both the UK and Italy will release industrial production for March.