Tag Archives: GBP/USD
Daily FX Update
An expansionary and stronger than expected Chinese PMI of 50.8 has done little to support currencies; with the USD broadly stronger.
Daily Technical Report
EUR/USD has broken the key support areabetween 1.3673 and 1.3643. The short-termtechnical structure calls for further weakness aslong as prices remain below the resistance at1.3669 (27/05/2014 high).
The Global Macro Pulse
Although EURUSD is flat at 1.3627, weak building approvals data helped push AUDUSD down to 0.9265 and USDJPY pushed up to 102.03.
UBS Morning Adviser
Euro weakness or dollar strength? With the ECB likely to ease again on Thursday,
Daily Market Technicals
The $1.3644-69 resistance region remains key this week with bulls needing a close above to confirm an easing of bearish pressure and see immediate focus shift back to the 21 & 100-DMA’s.
GBP/USD Analysis
The pair closed in NY Friday at $1.6755 after rate had extended its recovery off Thursday lows of $1.6693 to $1.6778 into Friday’s month end fix, before rate drifted lower through the NY afternoon to $1.6750.
Outlooks & Strategies For EUR, GBP, USD & AUD
The following are the latest outlooks and strategies for EUR/USD, GBP/USD, USD/JPY, and AUD/USD as provided by the Commonwealth Bank of Australia (CBA).
FX: price matters
Inflation is this week’s theme: May HICP and ECB’s revisions are key for EUR. The Market is sceptical about higher Fed funds rate projections, but a pickup in wage growth would cause repricing…
Weekly Economic & Financial Commentary
U.S. Review Economy Contracts in Q1, Stronger Growth Ahead • Revised Q1 GDP figures showed that the economy contracted 1.0 percent,
Daily FX Update
Bond markets remain the core focus into the weekend. The U.S. 10‐year yield is trading at 2.47%. Today’s release of the PCE deflator will provide important clues in judging inflation and
FX Daily Majors
Today’s highlights: USDCAD’s stay bearish for a break below 1.0813, to test 1.0747/31.
The Global Macro Pulse
NZD led rallies in G10 FX, supported by strong building permits. NZDUSD rebounded to 0.850 from a two-month low of 0.845. AUD rose to 0.932 but AUDNZD is still marginally lower at 1.096.