Tag Archives: EUR/JPY
UBS Morning Adviser
Currency Rebalancing Games Out of the AAA central banks, Norges, the RBA and BoC all meet this week.
Daily Market Technicals
EUR/USD fades from support around the daily Bolli band top and 61.8% of $1.3832-1.3296 at $1.3627 – the pair descended through the channel base and
US dollar set to strengthen in the short-term
USD: under pressure because of the Fed As expected, the US dollar failed to appreciate in a week shortened by the Thanksgiving celebration and bereft of any major economic statistics.
Technician
EUR/USD – Momentum is now slightly pro-growth, but indicators show some loss of momentum. Room for further growth seems limited; return to 1.3488 will likely follow later on.
Daily Technical Report
EUR/USD’s rise is still viewed as a short-termrebound. Monitor the test of the resistances areadefined by the 61.8% retracement at 1.3627 and1.3651 (21/10/2013 low).
FX Daily Majors
Today’s highlights: * GBPUSD breaks to a new high for the year, and we look for further strength to 1.6619.
Daily Market Technicals
EUR/USD holds below daily Bolli top and 61.8% of $1.3832-1.3296, key initial res at $1.3627/34 where a top may be forming.
UBS Morning Adviser
Pricing BoC Caution The Bank of Canada is one of several central banks looking to sign off on policy for the year this week.
FX Viewpoint: to cut or not to cut
“Demand creates supply.” (ECB policy in a nutshell) Tapering is on…just not in the US. ECB’s excess liquidity declining further,
FX Daily Majors
Today’s highlights: * EURJPY has achieved our long-held 139/141 medium-term target, which we look to cap at first for a correction lower. An eventual break can target 149.25.
Daily Technical Report
• EUR/USD’s rise is still viewed as a short-termrebound and is now close to the resistance areadefined by the 61.8% retracement at 1.3627 and1.3651 (21/10/2013 low).
Morning FX Market Commentary
Euro stays well supported after German CPI data On Thursday, EUR/USD held close to the 1.36 mark as a rebound in German inflation questioned the room for more ECB easing.