Tag Archives: GBP/USD
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 with the
GBP/USD Analysis
The pair closed in NY Friday at $1.6495, euro-sterling at stg0.8365. The rate recovered off early European lows of $1.6476, back through $1.6500 and extending on to $1.6515.
US Morning Update
It appeared as if a combination of short-term profit taking and ‘risk on’ weighed on USD demand this morning, as key sovereign rate differentials have not materially backed off against the USD yet.
Daily FX Update
The market catches its breath as it digest further sanctions on Russia, re‐evaluates Chair Yellen’s comments, struggles to understand weaker CNY PBoC fixings and the ending of an important week.
FX Daily Majors
Today’s highlights: USDCAD is consolidating gains, but we stay bullish for 1.1479, then our core medium-term target at 1.1666/1766.
Daily Technical Report
EUR/USD has broken the support implied byits rising channel, invalidating the uptrend inplace since February. The short-term technicalstructure is negative as long as prices remainbelow the resistance at 1.3845 (20/03/2014 high).
The Global Macro Pulse
The dollar is mixed against the G10, but stronger against most EM Asia currencies other than the INR. AUDUSD outperformed, rallying to 0.9062 while EURUSD is up marginally at
Looking to sell EUR/JPY, NOK/SEK turning up
EUR/USD: After a minor consolidation, a bear flag, the market brokedown to a fresh low, 1.3749. With the market how havingfallen 161.8% of the first, Mar 13-14,
UBS Morning Adviser
Topped out at 1.40? The familiar drivers of euro strength seem to have met their match in
Daily Market Technicals
The correction lower from ahead of the $1.3948-66 region saw the EUR/USD break and close below the rising daily channel base and 21-DMA, confirming bearish focus.
GBP/USD Analysis
The pair closed in NY Thursday at $1.6507 after rate had reversed off an intraday recovery high of $1.6570 to $1.6480 before it settled between $1.6495/1.6520 into the close.