Tag Archives: GBP/USD
The Global Macro Pulse
USDJPY fell to a low of 101.66 on the day, but has since stabilized at 101.84. EUR has climbed higher, to 1.372. AUDNZD inched lower, to 1.081, as AUD fell slightly,
UBS Morning Adviser
Treasury move perplexing but FX impact limited, for now Many investors have been expressing confusion and concern regarding price action in Treasurys in recent sessions.
Daily Market Technicals
Since breaking and closing below the 100-DMA for the first time since early Feb the pair had consolidated below as it hesitates ahead of the rising daily trend line and Apr 4 monthly low.
GBP/USD Analysis
The pair closed in NY Wednesday $1.6766 after rate had been sold off from $1.6875 following an initial reaction to the wage component of the UK jobs data,
Daily FX Wrap and Strategy
The NZD was the strongest performing major currencyovernight, gaining 0.4% against the USD to 0.8670.In a night where bond markets seemed to express a viewthat US, EZ, and UK bond yields would remain low for longer,
FX Daily Majors
Today’s highlights: EURGBP resumes its medium-term bear trend and we look for further weakness to .7800.
Daily Technical Report
EUR/USD declined further yesterday and isnow close to the key support at 1.3673 (see alsothe wedge formation). Given the recent sharpdecline, a short-term phase of stabilisation islikely.
The Global Macro Pulse
EUR edged higher to 1.3717 after briefly trading below 1.37 at the NY close. USDJPY reversed yesterday’s gain, falling steadily to 102.15.
UBS Morning Adviser
Policy to continue weighing on krona, but watch positioning Within the minor currencies, the krona appears most at risk of more easing.
Daily Market Technicals
After having found support ahead of the 100-DMA to start the new week the EUR/USD finally managed the first close below the 100-DMA since Feb which adds weight to the bearish case and
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6827 after rate had extended lows to $1.6819 in late NY trade but struggled to build on the move. The recovery extended into Asia from an early low of $1.6825,
Daily FX Update
Markets are relatively quiet with the USD focused on individual domestic stories and negative developments for EUR. The Bundesbank has suggested that it would support stimulus;