Tag Archives: GBP/USD
Daily FX Wrap and Strategy
The NZD is significantly weaker following yesterday’s policyannouncement by the Federal Reserve (see Majors).The NZD/USD is 1.2% off its pre-Fed level, sitting at0.8540 this morning.
Daily FX Update
Markets continue to react to yesterday’s FOMC meeting with a strong USD, soft equities and the US 10‐year yield up to2.78%. The pulling forward of interest rate hike expectations to
Daily Technical Report
EUR/USD declined sharply yesterday,breaching the key support at 1.3834. However,the support implied by the rising channel(around 1.3804) is intact.
FX Daily Majors
Today’s highlights: USDCAD above key resistance at 1.1225/1234 completes a “triangle” continuation pattern, and we maintain our 1.1666/1766 core target.
The Global Macro Pulse
The more hawkish than expected FOMC has led equities to sell off across the board in Asia. Although the Nikkei opened up, it is down about 1.5% at the time of writing.
UBS Morning Adviser
Has liquidity preference in the CHF peaked? The SNB is expected to continue anchoring its policy firmly beyond today’s meeting,
Daily Market Technicals
The sharp move lower on Wednesday sliced through layers of support before stalling just short of the 21-DMA. Bulls will now be looking for a close above the $1.3879 level that previously supported on
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6537 after rate was shoved down to $1.6508, from around $1.6650 as markets bought dollars on reaction to Fed Yellen’s hawkish comments at last night’s FOMC press conference.
Daily FX Update
Markets are relatively stable leading into today’s FOMC decision. The USD is broadly but immaterially stronger; equities are flat, the US 10‐year is stable at 2.67% and oil prices continue to hoverjust below $100.
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high).
FX Daily Majors
Today’s highlights: NZDUSD’s break above the medium-term “triangular” range at .8584/87 suggests a more important bull phase may be underway.
The Global Macro Pulse
The USD strengthened modestly with EURUSD edging lower to 1.392 and USDJPY rebounding to 101.55. AUD has eased slightly to 0.912.