Tag Archives: EUR/JPY
Daily Market Technicals
EUR/USD failed to retest the $1.3400 Aug 16 high while daily studies slip lower and 10-week momentum shows negative divergence.
UBS Morning Adviser
Spread Widening Favours USDJPY US 10y Treasury yields have risen 9.5bp since Friday’s open, setting a new two year high as the countdown to the September FOMC meeting continues.
FX Daily Strategist: US
Eurozone current account strength to support EUR especially on the crosses The improving trend to the eurozone external balance of payments continued this morning as eurozone current account data again showed a strong y/y increase to rise to EUR 26.1 billion.
UBS Morning Adviser
Japan Bond-Buying Accelerates Japanese investors are buying foreign bonds again, and with US 10 yields approaching a multi-year high overnight,
Daily Market Technicals
EUR/USD leaves a long white candle with a long lower shadow while bulls close above the Feb 2013 former res line, now part of initial support at $1.3291/3300.
FX Daily Majors
Today’s highlights: • EURUSD bias stays lower to test 1.3190, but beneath here remains needed to set a better top, for 1.3112.
UBS Morning Adviser
MOVE-ing Against Decay For all the talk of fiscal risk, Eurozone instability and the perils of policy normalisation, it has been an awfully quiet summer.
FX Daily Strategist: US
US retail sales breaks the data lull Our economists expect a modest 0.2% rise in today’s July retail sales print after June’s 0.4% gains, and look for sales excluding gasoline,
FX Techs
The USD received an extra push yesterday via the publication of positive US fundamental data so that the recent recovery gained momentum across the board.
FX Daily Majors
Today’s highlights: • USDCHF stays on course for a test of key resistance at .9380/95, above which is needed to mark a more important base.
Daily Market Technicals
EUR/USD leaves a third black candle almost making black crows candle pattern, but yesterday bulls managed to close above 23.6% $1.2755-1.3400,
UBS Morning Adviser
Minutes Minutiae Market participants struggling to reconcile the BoE’s policy views with ‘booming’ data (according to several UK papers) will have the opportunity to