Tag Archives: GBP/USD

GBP/USD Analysis

The pair closed in NY Friday at $1.6811 after rate had recovered off earlier lows of $1.6785 to $1.6842 ($1.6841 76.4% $1.6875-1.6732), easing lower post the London 4pm fix,

FX: don’t dream it’s over

USD is testing multi-month resistance, but needs to confirm the break yet. Lower global yields – key risk for EURUSD. But hopes that China won’t disappoint this week…

BNZ: USD Recovery: Delayed Or Dead?

Bank of New Zealand retains the conviction that the US dollar recovery will gain traction as 2014 progresses and into 2015.

Weekly Economic & Financial Commentary

U.S. Review Mixed Data Unlikely to Change Fed’s Outlook • Although some indicators, such as retail sales and industrial production,

Daily Technical Report

EUR/USD made a bullish intraday reversal nearthe key support area between 1.3673 (see alsothe wedge formation) and 1.3643 (see also the200 day moving average) yesterday.

FX Daily Majors

Today’s highlights: USDJPY’s focus turns to “neckline” support and the 200-day average at 101.23/21.

Asian shares fell, with the Nikkei down 1.7% on the day. HSI dropped 0.7%, the Kospi fell 0.6% and ASEAN markets were 0.1% to 0.6% lower. S&P futures were marginally lower following the sharp correction overnight.

UBS Morning Adviser

Watch Japan Post too Yen bears have focused their attention on the diversification plans of Japan’s GPIF,

GBP/USD Analysis

The pair closed in NY Thursday at $1.6788 after rate had recovered off earlier session lows of $1.6732, seen as rate tracked euro-dollar slippage,

USD: Recovery Delayed, Not Dead

We retain conviction in our view that the US dollar recovery will gain traction as 2014 progresses and into 2015. At the same time, our mid-2014 forecasts for most G10 pairs now look to be a stretch.

Daily Technical Report

EUR/USD is close to the key support areabetween 1.3673 (see also the wedge formation)and 1.3643 (see also the 200 day movingaverage). Given the recent sharp decline, ashort-term phase of stabilisation is likely.

FX Daily Majors

Today’s highlights: USDCHF remains capped at .8905, the downtrend resistance from the September 2013 peak.