Tag Archives: GBP/USD

The Global Macro Pulse

Among the majors, AUDUSD rose to a high of 0.9304 before easing off to 0.9267 after the RBA statement (see below).

UBS Morning Adviser

Firmer EURUSD positioning not an independent FX event In the latest Global Positioning Summary (Mar 26th),

GBP/USD Analysis

The pair closed in NY Monday at $1.6666 after it had recovered off a session low of $1.6613 to $1.6684 as sterling enjoyed end month demand interest at the London fix.

Daily Market Technicals

Oversold daily tech studies remain a concern for a continuation lower with the bounce to start the new week easing the previous bearish pressure a little.

Daily FX Update

Markets are adding to risk leading into an event filled week that begins with a speech by Chair Yellen, will conclude with nonfarm payrolls and

EUR/USD is trying to bounce near the supportat 1.3708. However, the underlying technicalstructure remains negative. Hourly resistancesfor a short-term bounce can be found at 1.3779(intraday high) and 1.3847 (25/03/2014 high).

FX Daily Majors

Today’s highlights: USDJPY above its 55-day average at 102.55/69 keeps the bias higher in the range to 103.64/76.

The Global Macro Pulse

EURUSD and USDJPY are flat to Friday’s New York closes at 1.3750 and 102.88 respectively, but AUDUSD nudged lower to 0.9233. EM Asia FX opened stronger against the dollar,

UBS Morning Adviser

Balancing inflation and growth in a challenging environment Last week Bangko Sentral ng Pilipinas (BSP) decided to hold rates,

Daily Market Technicals

The move lower continued Friday before bouncing a little from just below the 55-DMA ($1.3711). Initial resistance remains at the $1.3779 level on the hourly time frame with

GBP/USD Analysis

The pair closed in NY Friday at $1.6638 after rate had recovered off a session low of $1.6599 to $1.6651 before it settled between $1.6630/50 into the week close.

FX: USD wants tails

The market sentiment likely to stay positive, not in the USD favor. EURUSD may be copying previous months’ development around ECB meeting.