Tag Archives: GBP/USD
Daily Technical Report
EUR/USD successfully tested the strongsupport at 1.3643 (see also the 200 day movingaverage) yesterday. However, a break of theinitial resistance at 1.3732 is needed to confirm ashort-term exhaustion of the selling pressures.
The Global Macro Pulse
Within the G10, AUDUSD has outperformed, opening weak, but rallying after the China PMI to 0.9266. USDJPY has pushed up to 101.65 and EURUSD is marginally lower at 1.3674.
UBS Morning Adviser
Core-headline inflation divergence apparent, but no policy response (yet) For many central banks targeting the elimination of spare capacity,
Daily Market Technicals
The move lower continued for EUR/USD overnight as the pair dipped towards the 200-DMA. Despite very O/S daily studies, bearish pressure dominates with bulls needing to
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6899 after rate had seen extended recovery highs of $1.6922, on reaction to the release of strong retail sales data,
Daily FX Update
FX markets are quiet and mixed with GBP and JPY outperforming; while AUD and EUR are weak and CAD is flat. US markets are entering the day having improved, with equities higher and the U.S. 10‐year up at 2.53%.
Daily Technical Report
EUR/USD has made a bullish intraday reversalnear the key support area between 1.3673 (seealso the long-term wedge formation) and 1.3643(see also the 200 day moving average).
FX Daily Majors
Today’s highlights: USDJPY continues to threaten an important top, with a break below 100.75 needed to confirm.
The Global Macro Pulse
USDJPY broke lower to 101.15 even as EURUSD traded flat at 1.3702. AUDUSD edged lower to 0.9233. Most EM Asia currencies softened modestly against the dollar.
UBS Morning Adviser
US Investors’ Overseas Interest Narrowing We have long held the view that US investors’ global allocation is a big marginal driver for the dollar.
Daily Market Technicals
EUR/USD continues to consolidate below the 100-DMA while remaining supported ahead of the 200-DMA. Bulls need to see a close above the 100-DMA to
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6839 after rate had rallied earlier in the day from $1.6802 to $1.6870, as traders reacted to stronger than forecast UK inflation data,