Tag Archives: GBP/USD
UBS Morning Adviser
US softness and price risks outweigh valuations The Bank of Canada will be thankful that their policy decision may take place amid calmer markets,
Daily Market Technicals
EUR/USD recovery was contained by the Bollinger band, which drops to $1.3805, as well as a band of resistance in the $1.3825/41 area, which contains former highs,
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6664 after rate had retreated from earlier session highs of $1.6716 to $1.6652 after the London fix, recovered to $1.6680 into the NY afternoon before it drifted off into the close.
Daily FX Update
Market embraces risk as President Putin pulls back troops from Western Ukraine and suggest use of force is last resort. Accordingly equities are retracing recent loses,
US Morning Update
Putin was not particularly ‘flagrant’ during his press conference this morning, and Russian troops have ended their military exercises in Ukraine for now.
Daily Technical Report
EUR/USD remains close to the key resistancearea between 1.3832 (25/10/2013 high, see alsothe long-term declining trendline) and 1.3893despite yesterday’s weakness.
FX Daily Majors
Today’s highlights: USDJPY remains under immediate pressure to better support at 100.75/20, which we look to hold for a turn higher again.
The Global Macro Pulse
The EUR was unchanged at 1.3735 but USDJPY has started to climb to 101.69 in Asia trading. AUD gapped lower to 0.8910 post RBA but has since retraced to 0.8933.
UBS Morning Adviser
Growth pricing more important than risk appetite European stock markets had a difficult trading session on Monday,
EUR/USD & EUR/JPY test supports and SEK & NOK seem weak.
EUR/USD: The “Inside day” candle printed yesterday points lower forthe day(s) ahead. If letting go of the 8day equilibriummeasure (which shouldn’t be so hard given the overall weaktrend)
Daily Market Technicals
EUR/USD recovery was contained by the Bollinger band, which drops to $1.3813, as well as a band of resistance in the $1.3825/41 area. Bulls are focused on these levels,
GBP/USD Analysis
The pair closed in NY $1.6664 after rate reversed away from the $1.6750 (seen in Europe after release of strong UK mfg PMI data) with dollar demand into the NY session providing the weight to