Tag Archives: EUR/JPY
Corporate Hedging Monthly – Monitor
The corporate hedging monitor is slightly less bullish EUR/USD than two months ago as a result of the EUR being less undervalued on a FEER basis.
Daily Market Technicals
EUR/USD: The move lower Thursday was followed up by an inside day and a relatively bearish close to end last week. The $1.3450 level confirmed its significance on Friday
UBS Morning Adviser
EURUSD has now dropped five big figures in less than two weeks, drivenmainly by fears of a more robust ECB response if inflationary pressures are notrekindled.
EUR down as a result of ECB decision-making
The euro extended its correction this week, setting a low of 1.33 against the US dollar, before recovering above 1.34 following Thursday’s surprise interest rate cut by the European Central Bank (ECB).
FX Daily Majors
Today’s highlights: * EURUSD breaks key price, trendline and 38.2% retracement support at 1.3464/21 to mark a better top, for 1.3220 initially.
UBS Morning Adviser
There’s a USD in EURUSD Ex-post, the ECB clearly ‘delivered’. EURUSD ended European trading on Thursday materially lower than levels after the CPI reading last week.
Daily Market Technicals
EUR/USD: The move lower overnight took out and closed below the rising daily channel base of July monthly low with the pair having remained capped at the somewhat pivotal $1.3450 level since.
FX Daily Majors
Today’s highlights: * GBPUSD has found selling at 1.6115/25 – the “neckline” to the recent top and 61.8% retracement barrier.
Daily Market Technicals
EUR/USD held between the 50.0% and 38.2% of $1.3105-1.3832 while bears failed to test the Jul 10 support line yesterday. Daily studies are slowing near oversold levels so failure by bears to
UBS Morning Adviser
AUDCAD: A Short In the Making Attention is focused on today’s ECB policy decision and Friday’s US nonfarm payrolls report, but relative value FX opportunities elsewhere are still worth monitoring.
FX Daily Majors
Today’s highlights: * NZDUSD has recovered strongly following its defence of key support at .8194/64, but we look for strength to be capped at .8435/47.
Daily Market Technicals
EUR/USD continues to test the Jul 10 support line after bears bounced from it yesterday, it remains as key support now at $1.3453 and a break below likely targets the Sept 6 low at $1.3105.