Tag Archives: GBP/USD
UBS Morning Adviser
Basis swap landmark reached for euro, but is resilience now a hindrance? Last week the 1y EUR/USD basis swap traded above zero for the first time post crisis.
Daily Market Technicals
EUR/USD continued to find support in the 1.3779-90 region last week while struggling topside ahead of the key $1.3863 resistance. Bulls continue to look for a close above $1.3863 to
Daily FX Wrap and Strategy
It was a quiet end to the week for the NZD as localmarkets were closed for ANZAC day. The NZD/USD closedat 0.8580.For the past week, or so, the NZD/USD has traded a fairlytight range between 0.8550 and 0.8640.
Weekly Economic & Financial Commentary
U.S. Review No Signs Yet of Spring in the Housing Market · Data on home sales released this week show that the housing market continues to
Daily FX Update
Markets are shockingly quiet considering building Ukraine risk aversion into the weekend; accordingly equities are soft, the US 10‐year is back down to 2.66%,
Daily Technical Report
EUR/USD has further recovered off supportat 1.3780. However, bullish rally is weak. Neartermsupport is located at 1.3785 (22/04/2014low, see also the low of the rising channel).
FX Daily Majors
Today’s highlights: NZDUSD stages a bearish “outside day” reversal keeping the spotlight on key “neckline” support at .8537/14. A break here though remains needed to complete a top.
The Global Macro Pulse
AUDUSD and USDJPY are flat at 0.9269 and 102.37 respectively while EURUSD moved slightly higher to 1.3832. Most EM Asia currencies weakened against the dollar at the open,
UBS Morning Adviser
PBOC will remain active in China rates market, but volatility will persist As financial reform in China continues, the People’s Bank of China (PBOC) faces the challenging task of a smooth transition in interbank and FX markets.
Daily Market Technicals
The euro continues to find support in the 1.3779-00 region with EUR/USD having again bounced from this region Thursday. Bulls continue to look for a close above $1.3863 to
GBP/USD Analysis
The pair closed in NY Thursday at $1.6802 after rate managed to recover off an intraday low of $1.6766 to retest earlier session highs of $1.6806, extending the move to $1.6808 before it settled between
Daily FX Update
Markets are adding to risk positions into the NA open as earnings continue to suggest that global growth is improving (Caterpillar raising outlook, GE, Facebook & Apple beat, etc).