Tag Archives: GBP/USD

UBS Morning Adviser

Short-rates dominant but long-spreads hard to ignore The ECB decision and payrolls release from last week had material consequences,

Daily Market Technicals

EUR/USD traded at fresh 2014 and 2.5 year highs on Friday with bears now needing to see a close below Friday’s low to ease the current bullish pressure and

GBP/USD Analysis

The pair closed in NY Friday at $1.6713 after rate had been driven down to lows of $1.6706 following the release of stronger than forecast US NFP data.

Weekly Economic & Financial Commentary

U.S. Review Still on Track • Nonfarm payrolls rose by 175,000 in February as employers looked past the nasty weather of late.

The USD is weak entering the NA employment session as other asset classes are trading in relatively tight ranges. The focus today is nonfarm payrolls, how most are prepared to look through it on the back of weather.

Daily Technical Report

EUR/USD surged higher yesterday and is nowchallenging the strong resistance area between1.3832 (25/10/2013 high, see also the long-termdeclining trendline) and 1.3893.

FX Daily Majors

Today’s highlights: AUDUSD’s break above .9078/87 confirms a bullish “reverse head & shoulders” base, to target .9168/70 initially.

The Global Macro Pulse

G10 FX rates are largely unchanged in Asian trading ahead of US payrolls with EURUSD at 1.3858, AUDUSD at 0.9084 and USDJPY at 102.93.

UBS Morning Adviser

Fed’s Threshold Beckons UBS economics expects the US unemployment rate to fall to 6.5% today,

Daily Market Technicals

EUR/USD spiked higher and above the Bollinger band of $1.3847, which along with weaker hourly studies suggests room for a pause. However, the move helps establish the rising trend from February and

GBP/USD Analysis

The pair closed in NY Thursday at $1.6740 after rate had been pulled off its lows of $1.6686 (low seen on reaction to the ECB no change in rates as euro-sterling edged higher) as

Daily FX Update

Markets have carried over from yesterday; with equities rallying (S&P reached a new high yesterday); the US 10‐year shifting higher (now up to 2.72%); volatility lower and the USD generally weaker.