Tag Archives: GBP/USD
Weekly Economic & Financial Commentary
U.S. Review Weather Effects Continue to Influence Economic Data Housing starts plunged 16 percent in January to an 880,000-unit pace. Building permit activity also declined for the month but not as sharply.
UBS: EUR/USD Buy Dips
EUR/USD: underwent a sell-off after the shocking French PMI data and printed a low of 1.3685 yesterday but then steadily inched up above 1.3700, taking out stops on the way.
Barclays: Outlooks & Strategies
EUR/USD: 1.3810 capped and the market now risks a drift lower in range towards 1.3660 (retracement). Overall we remain neutral within the 1.3660 to 1.3810 range.
Daily FX Update
Into the weekend, markets are mixed with the USD stronger against most currencies. Today’s focus will remain on the Ukraine and the potential for rolling bouts of EM induced risk, the G20, Fed speakers and broad developments.
Daily Technical Report
Trying to bounce near the support at 1.3692. EUR/USD has recently weakened. However, it remains supported by its rising channel
The Global Macro Pulse
FX market was relatively quiet with no notable data releases in Asia time. The EUR was unchanged at 1.3717, while USDJPY edged only marginally higher to 102.51.
UBS Morning Adviser
US households cranking up the credit A steady stream of US data disappointments over the past 7 weeks has not been kind to the US dollar.
Daily Market Technicals
EUR/USD sees continuing risks of the daily and hourly studies turning lower as bears get ready to focus on a minor support line at $1.3686 and moving averages at $1.3661, $1.3623/38.
GBP/USD Analysis
The pair closed in NY Thursday at $1.6653 having recovered off a late move down to $1.6625 after rate had failed in its earlier attempt to recover back above $1.6700
JP Morgan: GBP/USD – Above 1.6613, the 2009 high at 1.7044 remains in focus
JPM thinks that the British Pound is also far from reversing its general up-trend as the latest bounce in EUR/GBP has not even managed to
Daily FX Update
Markets are shifting and growing increasingly cautious as EM risk aversion builds, China’s and Europe’s PMIs disappoint, Japan reports a record trade deficit, the Fed highlights it is on track to taper by $10bn per meeting and
Global FX Strategy – The EUR is not “risky” anymore
EURUSD – Toward 1.40 In an environment of low volatility, the underlying driver for the EURUSD is still the relative flows.