Tag Archives: GBP/USD

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 remains bullish for a move up to test the multi-year range highs at 1.7044 next.

UBS Morning Adviser

China property risks loom Three years after writing about the China property bubble debate,

Daily Market Technicals

The brief dip on Friday traded below the 21-DMA before finding support and bouncing from the $1.3815 level. The pair has been unable to manage a close below the 21-DMA with bears looking for

GBP/USD Analysis

Despite much better-than-expected US Non-farm Payroll data the dollar reversed post react gains to end the week on a heavy tone.

FX: speak week

Friday’s payrolls does not change USD short term outlook, but need a blessing from Yellen this week. Will ECB attack EUR on Thursday? Less important data, more talk this week.

Weekly Economic & Financial Commentary

U.S. Review Farewell to Winter Weather Woes · Nonfarm payrolls bid adieu to the sluggish pace of employment growth during the winter months.

Daily FX Update

Markets are quiet leading into nonfarm and what is for many a long weekend. Equities are flat, the U.S. 10‐year yield is at 2.62%, the USD is generally flat but favouring strength,

Daily Technical Report

EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. The technical structureremains supportive as long as the support at1.3780 holds.

UBS Morning Adviser

Sovereign interest supportive Widening trade and current account surpluses have conspired to push USDKRW to a new 5½ year low.

Daily Market Technicals

The move higher continues to stall ahead of the $1.3905 Apr 11 high with the relatively bearish close Thursday of some concern to bulls.

GBP/USD Analysis

The pair closed in NY Thursday at $1.6891 after sterling had been given a boost on release of stronger than forecast UK mfg PMI data which had spiked cable to a high of $1.6921,