Tag Archives: GBP/USD
Daily FX Wrap and Strategy
The NZD/USD has traded between 0.8340 and 0.8380 over the past 24-hours, at the upper-end of this range currently.
Daily FX Update
Markets are shedding risks as geopolitical tensions rise. Gold, JPY and CHF are all higher, the 10‐year US yield has dropped back to 2.6% and equities are notably weak, particularly across Europe.
Daily Technical Report
EUR/USD rose sharply on Friday. Prices arenow challenging the key resistance areabetween 1.3832 (25/10/2013 high, see also thelong-term declining trendline) and 1.3893.
FX Daily Majors
Today’s highlights: USDCHF below .8800 rekindles thoughts of a medium-term top, for a decline to .8568/18.
The Global Macro Pulse
USDRUB opened 2% higher to 36.57. FX price actions elsewhere have been relatively contained. EUR was broadly stable at 1.378 and the yen has found some support around 101.4,
UBS Morning Adviser
External Vigilance Essential for Central Banks In contrast to last week, escalation on the geopolitical front is now harder to ignore.
GBP/USD Analysis
The pair closed in NY Friday at $1.6748, after rate had extended its recovery off Thursday lows of $1.6617 to $1.6769 earlier in the day, before it eased to $1.6684 ahead of Friday’s NY open only to
Daily Market Technicals
EUR/USD recovery was contained by the Bollinger band as well as a band of resistance in the $1.3825/41 area, which contains former highs, a broken 61.8% retracement of the 2011/2012 decline and
BNP Paribas: Major Currencies Forecasts
The following are BNP Paribas’ latest forecasts for major currencies.
Weekly Economic & Financial Commentary
U.S. Review Yellen at the Senate, While Weather Still Skews Data • As expected, GDP growth was revised lower, reflecting a slower build in inventories, a weaker trade position and a more cautious consumer.
Daily FX Update
An easing in disinflationary pressures in Europe and Japan removes some of the expected burden on the ECB and BoJ for policy action.
Daily Technical Report
EUR/USD bounced sharply yesterday,invalidating the short-term double-topformation. Hourly resistances now stand at1.3727 (intraday high, see also the 61.8%retracement) and 1.3773.