Tag Archives: EUR/GBP
UBS Morning Adviser
PBOC will remain active in China rates market, but volatility will persist As financial reform in China continues, the People’s Bank of China (PBOC) faces the challenging task of a smooth transition in interbank and FX markets.
FX Daily
Today’s calendar is fairly light in terms of data releases. In the US University ofMichigan consumer confidence for April is due for release. We expect it to havedeclined to 78.5 from 80.0 in March,
Daily Market Technicals
The euro continues to find support in the 1.3779-00 region with EUR/USD having again bounced from this region Thursday. Bulls continue to look for a close above $1.3863 to
Daily Technical Report
EUR/USD bounced yesterday near the supportat 1.3780. However, bullish rally is weak. Anhourly support is at 1.3785 (22/04/2014 low, seealso the low of the rising channel).
UBS Morning Adviser
Focus Sharpens on Portfolio Flows Foreign investors were net buyers of Japanese stocks last week,
FX Daily
German IFO expectations are due for release and we expect a decline for a thirdconsecutive month although the level is set to remain high.
Daily Market Technicals
EUR/USD bounced from ahead of the 21-DMA, only to remain capped ahead of the key $1.3863 resistance level O/N. Bulls continue to look for a close above $1.3863 to end bearish hopes and
Daily Technical Report
EUR/USD bounced yesterday near the supportat 1.3780. However, bullish rally is weak. Anhourly support is at 1.3780 (22/04/2014 low, seealso the low of the declining channel).
FX Daily Majors
Today’s highlights: AUDUSD has fallen sharply overnight and we continue to look for a topping process following the move to our .9410/.9510 target.
The aussie is an underdog reborn. GBP could give back some gains
EUR/USD: From here, there is a faint near-term upside tilt, but a moveoutside 1.3825/1.3785 would give a better directional hint.Also outside 1.3865/1.3749 would lend a stronger sense ofdirection.
FX Daily
Today focus will be on global PMIs. We forecast euro manufacturing PMI todecline slightly after it peaked at 54.0 in January.
Daily Market Technicals
EUR/USD continues to find support ahead of $1.3779 with bears needing a close below to confirm a break of the 21-DMA and see focus shift to the $1.3673-1.3722 region where key moving averages and