Tag Archives: GBP/USD
Daily FX Update
Soft releases from Google and IBM have weighed on markets into the NA long weekend. Accordingly equities are off to a softer start, the U.S. 10year has dropped to 2.63% and the USD is mixed.
FX Daily Majors
Today’s highlights: GBPUSD has broken to a new high for the year and we target trend resistance at 1.6875 next, then the 1.7044 peak of 2009.
Daily Technical Report
EUR/USD has broken hourly resistance at1.3833 and is ready to challenge the resistanceat 1.3851 (16/04/2014 high). The short-termtechnical configuration remains positive as longas the support at 1.3830 (old resistance holds).
The Global Macro Pulse
The dollar has drifted slightly weaker with AUDUSD rising to 0.9374, EURUSD recovering to 1.3839 after a brief dip and USDJPY falling to 101.98. USDKRW fell to a low of 1034.40 where we
UBS Morning Adviser
Lessons from the US Treasury Department on competitive devaluations Yesterday the US Treasury firmed its position on weaker CNY in its semi-annual
Daily Market Technicals
EUR/USD dipped below the 21-DMA Tuesday before finding support ahead of the Apr 9 low with pair having continued to slowly regain lost ground since. The $1.3863 resistance remains key to
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6797 after rate had rallied strongly to $1.6818 following release of stronger than forecast UK jobs data, the ILO jobless rate easing to 6.9%.
Daily FX Update
A slew of news in the Asian session with better than expected Chinese GDP, strong UK employment, soft European CPI and rumours of a downgrade to Japan’s economic assessment have driven markets leading into
Daily Technical Report
EUR/USD has not challenged hourly resistanceat 1.3833 (15/04/2014 high), suggesting a periodof sideways trending. A test of the resistance at1.3162 (28/02/2013 is still likely.
EUR/SEK about to test the Dec’13 high. NZD/USD at primary support
EUR/USD: Support near 1.3790 was somewhat stronger thananticipated as buyers responded there and afterwardsforced the pair into a session close near the open.
UBS Morning Adviser
FX Intervention Unlikely To Be Happening FX reserves held by the Reserve Bank of Australia (RBA) grew sharply and