Tag Archives: EUR/SEK
A EUR/USD correction higher is due
EURUSD: Still ripe for a correction higher. A Jul1-24 bearish wave sequence may be completed (seen best with hourly observations).
FX Daily
Late today the EU is set to publish a list of new names of individuals andorganisations affected by sanctions due to the Ukraine-Russia conflict.
The kiwi crashed and burned after RBNZ. Bunds eke out a fresh high
EUR/USD looks ripe for a correctional bounce higher with a first-hand target at 1.3491\94…
FX Daily
Overall, we expect to see a slight improvement in euro area PMIs for July. In ourview it will probably be a bit more pronounced in the service sector,
EUR/USD bearishly into fresh yearly low
EURUSD: Bearishly into a fresh yearly low. The yearly low was crushed yesterday and pronouncedly so,
FX Daily
On the data front, the calendar is thin today with minutes from the Bank of England(BoE) July meeting as the main event.
USD/JPY under 101.19 & EUR/GBP below 0.7303 would be interesting
EUR/USD looks uninteresting between 1.3491 & 1.3576… EUR/GBP may have printed a correctional peak – a move back under 0.7904 would confirm…
FX Daily
EU foreign ministers are meeting today to decide on further sanctions againstRussia following the MH17 crash. In particular UK’s Cameron is pushing foradditional sanctions.
EUR/USD rechecks 1.3545-1.3575 before down
EUR/USD tests 1.3545\76 before down. 1.3477 remains a medium-term key ref to keep in mind… EUR/JPY could test 137.50\70 before trading lower again…
FX Daily
A light global calendar today with focus likely to remain on the geopolitical tensions. Both US and Europe are increasing the pressure on Russia following the MH17 crash.
Risk aversion noted – bonds & oil up, stock down
EUR/USD trades cautiously lower into the support zone at/around the 1.35-mark. GBP/USD tests support in the high/mid-1.70s once more.
FX Daily
Another light data calendar with the US University of Michigan Confidence indicatoras the highlight.