Tag Archives: EUR/JPY
UBS Morning Adviser
ECB Lessons for BoJ The Bank of Japan pledged last week to increase the frequency of JGB purchases again to reduce volatility in government bond markets.
Daily FX Technical Strategy: Sterling’s temporary upswing
Renewed weakness in the USD around month end is providing an opportunity for some base metals to rebound.
FX Daily Majors
Today’s highlights: • EURUSD aims at 1.3072/73 which we look to try and cap. Only above here would signal a more extended recovery to 1.3195/3243.
EUR/JPY Technical Analysis
(131,63) The EUR/JPY is confirming further consolidation interior the inside day with 133,00 – 129,85 still the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: The pair bursts above the $1.3000 level for the first time since May 14 and closed above the 200-DMA, now support at $1.3032.
UBS Morning Adviser
Reserve Stagnation Boosts Buck In their latest Macro Keys (May 29th), our Emerging Market strategy team highlights that the current round of weakness in EM FX is likely to be with is for some time.
FX Daily Majors
Today’s highlights: • NZDUSD stays capped beneath the .8215 price barrier leaving our bias still bearish for .7923/14 next.
Stronger JPY underway, NOK/SEK seen lower
EUR/USD: The (wave e) bounce from the lower boundary of the triangle became more impulsive than normally is the case with e-waves (tends to be weak ahead of a forthcoming break).
Daily Market Technicals
EUR/USD: The pair moves higher to test resistance again, now back above the 5-DMA, initial support at $1.2924.
UBS Morning Adviser
Capex Comforts Australian Dollar We remain cautious on the Australian dollar given the risk the Reserve Bank of Australia will cut interest rates again from 2.75% this year.
FX Daily Majors
Today’s highlights: • AUDUSD has fallen sharply again and below .9585/75 should see the bear trend directly extend for .9407/.9388.
EUR/JPY Technical Analysis
(131,43) The EUR/JPY is confirming further consolidation interior the inside day with 133,00 – 129,85 still the levels to follow in the coming hours.