Tag Archives: GBP/USD
UBS Morning Adviser
Market expects BSP to tighten policy at tomorrow’s meeting Bangko Sentral ng Pilipinas (BSP) will hold its May policy meeting tomorrow and
Daily Market Technicals
The move higher continued for the euro on Tuesday with it making fresh 2 month highs by 3 pips. Immediate bullish focus remains on retests of the 2014 high with
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6974 after rate had been driven to fresh 5 year highs of $1.6997 on the back of stronger than forecast svcs/comp data,
Daily FX Wrap and Strategy
The NZD has rocketed higher on the back of broad-based USD weakness. Its appeal as a carry-trade target currency has it sitting atop the G10 currency leaderboard against the USD. It is up 0.9% to 0.8750, a fresh 2.5-year high.
Daily FX Update
Global markets coming back from holidays selling the USD as the combination of expansionary PMI releases, an encouraging macroeconomic assessment from the OECD,
Daily Technical Report
EUR/USD continues to consolidate after its risefrom 1.3673 (04/04/2014 low) to 1.3906(11/04/2014 high). The technical structureremains supportive as long as the support at1.3780 (09/04/2014 low) holds.
FX Daily Majors
Today’s highlights: GBPUSD ideally hold above its 21-day average at 1.6806/05 to see a move up to 1.7044 next.
The Global Macro Pulse
AUDUSD popped up to 0.9310 following the RBA statement from about 0.9288, but has since fallen back just below 0.93.
UBS Morning Adviser
Bearish outlook intact Although the Australian dollar mostly failed to react to the Reserve Bank of Australia’s overnight policy statement,
GBP/USD Analysis
The pair closed Monday in NY at $1.6870 after rate had eased from an early day high of $1.6883 to $1.6855 before it settled around $1.6870 through the NY afternoon after a fairly subdued, holiday thinned, session.
Daily Market Technicals
EUR/USD continues to trade sideways in a narrow range with bullish focus dominating after last week’s rally. The pair was unable to manage a close below the 21-DMA for most of April with bears looking for
Daily FX Update
It is a quiet start to the week with both Japan and the UK on holidays. The one glaring shift is the U.S. 10‐year yield dropping to a fresh ytd low of 2.57%;