Tag Archives: EUR/SEK
EURUSD & EURJPY extends the decline. NOKSEK breaks 1.1045
EUR/USD tests the 1.3526/1.3503 support zone. The yearly low at 1.3477 is a medium-term key ref to keep in mind.
FX Daily
It is a very light calendar today in terms of macroeconomic numbers. Focus will be oneuro-area inflation and US initial jobless claims.
EUR/USD should extend losses into the low – 1.35s
EUR/USD is targeting the low-1.35s now. EUR/GBP looks staged to seriously test trendline support at 0.7900.
FX Daily
Focus on central bank speeches with ECB’s Coeure and Fed’s Fisher but mostimportant will be Fed chair Yellen’s testimony.
Big drop in Gold is observed. Renewed OMX selling is a risk
EURUSD: Price action yesterday does not reveal any fresh current in the market. The 1.3576/13651 range has to be violated to indicate an increased chance for a directional move.
July: Dovish Scandinavian central banks hit SEK and NOK
Following the surprisingly dovish action from the two Scandinavian central banks and the recent rally in both EUR/SEK and EUR/NOK, we have revised our targets for Scandi crosses.
Portugal ignites EZ worries
EZ worries escalated yesterday (the €stoxx bank index having been the canary in the mine) with accelerating losses in the equity markets.
FX Daily
With a very light calendar focus will be on the fate of Banco Espirito Santo(BES) in Portugal.
AUD finally turning lower? NOK/SEK turning higher?
The greenback and US bond yields fell after Fed minutes. CRB index and oil continued its decline and
FX Daily
US initial unemployment claims are expected to indicate a continued improvement inthe labour market.