Tag Archives: GBP/USD
The Global Macro Pulse
ECB President Draghi’s statement at the IMF meeting on Saturday that EUR strength may require monetary policy easing pushed EURUSD down to a low of 1.3833 before it settled at about 1.385.
UBS Morning Adviser
MAS holds as expected, but change in CPI forecast triggers slight short-cover Earlier today the Monetary Authority of Singapore (MAS) announced it was leaving the centre,
Daily Market Technicals
The $1.3835 level has confirmed its significance as support with this level having propped the EUR/USD up so far to start the new week. Bears continue to look for a close below this level to
GBP/USD Analysis
The pair closed in NY Friday at $1.6733 after rate was pressed to session lows of $1.6717, as euro-sterling pushed through resistance at stg0.8286, the break allowing it to move up to stg0.8310 (closing the day back at stg0.8298),
Weekly Economic & Financial Commentary
U.S. Review Broad Gains, but Where Are the Skilled Workers? • There were broad improvements in the economic data this week,
Weekly Report
No fireworks out of the BoE The BoE kept its monetary policy unchanged at the April 10th meeting.
Daily FX Update
Disappointing earning releases shifted markets into the open, driving a bout of risk aversion and USD strength. Beyond that markets had been relatively quiet into the weekend.
FX Daily Majors
Today’s highlights: USDJPY continues to hold key support at 101.20/100.75 for now, despite the completion of a top by the Nikkei.
Daily Technical Report
EUR/USD short-term bullish momentum isdominate despite pause, after breaking out of itsshort-term declining channel and pushing abovenear term resistance. Monitor the resistance at1.3820 (see also 50% retracement).
The Global Macro Pulse
Although AUDUSD has dipped to 0.9382, EURUSD has risen to 1.3894 and USDJPY is roughly flat at 101.65. Most EM Asia currencies are weaker vs. the dollar, except the KRW.
SEK weakness likely to pause. US equities hard hit
EUR/USD: The break of 1.3877 triggered the stop of our TA sellrecommendation posting a 0.12% loss. The only remainingline of defense, before making a new high, is the 78.6% Fiboresistance at 1.3905.