Tag Archives: GBP/USD
UBS Morning Adviser
This move is not over With EURUSD having already shed about 1.2% since Thursday’s ECB press conference,
Daily Market Technicals
The sharp move lower to end the week and the close below the $1.3771 previous support has seen immediate focus shift to the 100-DMA which is currently supporting.
GBP/USD Analysis
The pair closed in NY Friday at $1.6851 after rate had been pressed lower during the day (from a high of $1.6939) to $1.6832 on a mix of profit lock in sales and euro-dollar slippage,
FX: not there yet
Draghi did it. A strong correction in the EURUSD is not a change in trend, but the trend support is near…
Weekly Economic & Financial Commentary
U.S. Review From Bad to Worse: A Contraction in Q1 GDP Growth? · The trade balance data this week, for March, showed that the trade deficit was $40.4 billion,
Daily FX Update
A general sense of risk off, profit taking into the weekend and expectations of June ECB policy action has driven the USD higher, equities lower and the US 10yr yield back down to 2.6%.
Daily Technical Report
EUR/USD made a sharp bearish intradayreversal near the key resistance at 1.3967yesterday. The support at 1.3865 (05/05/2014low) has been broken, negating the short-termbullish momentum.
UBS Morning Adviser
Low US rates & strong fundamentals boosting KRW Continued low US rates have helped EM portfolio flows and have resulted in a resurgence in EM currencies.
Daily Market Technicals
The spike to fresh 2014 highs was sharply reversed on Thursday with the relatively bearish close back below the 21-DMA ($1.3842) easing bullish pressure and seeing immediate focus shift back to the $1.3771 low from last week.
GBP/USD Analysis
The pair closed in NY Thursday at $1.6932 after rate had been pulled back off session highs of $1.6975 to $1.6924 as it reluctantly tracked euro-dollar’s sharp reversal lower
Daily FX Wrap and Strategy
The NZD traded a relatively tight range over the past 24-hours, to sit at 0.8640 this morning.After the previous days’ sharp falls the NZD/USD easedinto a steady range of trading yesterday.
Daily FX Update
A fresh wave of USD weakness, an easing in Russian geopolitical risk, the BoE and ECB leave rates on hold and Chair Yellen warns on housing.