Tag Archives: GBP/USD
Daily Market Technicals
After breaking back above the key $1.3879 resistance this level has now emerged as initial support on the hourly time frame, but bears will be looking for a close below the $1.3835 Apr 10 low to
UBS Morning Adviser
Central banks will be more attentive to income growth Japan watchers would have taken note how the policy focus of late has shifted away from
GBP/USD Analysis
The pair closed in NY Thursday at $1.6784, euro-sterling at stg0.8274. Cable had seen highs earlier Thursday at $1.6821, holding just shy of 2014 highs of $1.6823,
Daily FX Update
Markets are relatively calm and still digesting the relatively dovish FOMC minutes. News flow today included soft Chinesetrade data, an as expected BoE,
Daily Technical Report
EUR/USD has further improved, breaking outof its short-term declining channel and pushingabove near term resistance. Monitor theresistance at 1.3820 (see also 50% retracement).
FX Daily Majors
Today’s highlights: AUDUSD has achieved our .9410/.9510 core target and we start to look for signs of exhaustion.
The Global Macro Pulse
The fall in US yields following the release of the FOMC minutes has weakened the dollar against the G10 currencies, but EM Asia is mixed.
Eroding dollar support. More SEK weakness
EUR/USD: The break of 1.3821 sent the pair higher to 1.3871, just awhisker away from our 1.3877 stop (to the bearish Mar 14call).
UBS Morning Adviser
Endless banter on renminbi levels helps no one After a long slumber, it appears the old China-US dispute over exchange rates is flaring up again.
Daily Market Technicals
EUR/USD broke and closed well above the 21-DMA on Wednesday but the continuation higher has so far stalled ahead of the key $1.3879 level that acted as support in mid Mar.
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6792 after rate had jumped from around $1.6730 on release of perceived dovish Fed Minutes which spiked rate up to $1.6800.
Daily FX Wrap and Strategy
The NZD/USD has broken to new highs after the releaseof US Fed Minutes this morning. It sits at 0.8720 currently.Ahead of the release the NZD/USD slid overnight, toaround 0.8650.