Tag Archives: GBP/USD
Daily Market Technicals
The move lower continues following Tuesday’s failed attempt to head higher stalling at the $1.3879 level. Immediate focus remains on the $1.3749 low from Mar 20 & 25 with
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6580, euro-stg at stg0.8313. The rate found solid support ahead of $1.6500 in early Europe after BOE Weale comments, and
Daily FX Update
Risk appetite is positive as equities rally; WTI oil appears comfortable around $100/barrel, bond yields are lower across Europe and stable in the U.S. and the USD is mixed.
US Morning Update
The USD’s performance has become increasingly more mixed each morning this week. This has been helped by long USD position covering and
FX Daily Majors
Today’s highlights: AUDUSD’s break above the 200-day average at .9137 reinforces the base, and we stay bullish for .9410/.9510.
The Global Macro Pulse
AUD stole the spotlight in FX, rallying towards 0.92 on RBA Stevens’ speech. This helped boost AUDNZD to 1.0696. The rest of the G10 FX complex was more subdued.
CAD should soon weaken again, while the AUD could extend gains
EUR/USD: It’s still a near-term intraday wasteland between 1.3760/50and 51.3880. The ascending 55day exponentially weightedmoving average band still supports but
UBS Morning Adviser
US Current Data Outperformance Being Ignored Many investors have pondered how the market has been able to ignore what appeared to
Daily Market Technicals
The correction lower from ahead of the $1.3948-66 region Thursday saw the EUR/USD break and close below the rising daily channel base and 21-DMA. Tuesday’s failure to surmount the
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6530, euro-sterling at stg0.8364. The rate had earlier lifted to $1.6510 after release of UK CPI data which came in-line with expectations at 1.7%,
Daily FX Update
Markets are notably quiet with a slight preference for risk appetite leading into the NA open. In FX most currencies traded in notably small ranges during both the Asian and European sessions.
Daily Market Technicals
Support from $1.3762 provided the springboard for Monday’s bounce, which having breached $1.3810-12, aims for a test to $1.3884-$1.3899.