Tag Archives: GBP/USD

Weekly Economic & Financial Commentary

U.S. Review Is the Economy in a Freeze? · Businesses added 113,000 jobs in January, which was fewer than expected.

FX Weekly Report

Is the yen ready for a new phase of weakness? The turmoil in emerging markets has led to Japanese yen appreciation especially given its perceived safe haven status.

Daily FX Update

Domestic drivers are dominating FX movement ahead of the dual NA employment releases, with AUD & EUR weaken-ing, respectively, on the back of the Statement on Monetary Policy and

Daily Technical Report

EUR/USD has broken the resistance at 1.3573(31/01/2013 high, see also the steep decliningtrendline), opening the way for further shorttermstrength.

FX Daily Majors

Today’s highlights: AUDUSD immediate risks stay higher to .9079/87, which we look to cap to keep the medium-term bear trend in place.

The Global Macro Pulse

The USD was relatively steady against majors ahead of US payrolls. EURUSD was unchanged at 1.359, holding onto gains post yesterday’s less dovish than expected ECB.

Daily Market Technicals

EUR/USD climbs above the Sept 6 support line which becomes key initial support at $1.3582. Bears look to retest but bulls aim to hold above, further gains could see daily studies turn higher also.

GBP/USD Analysis

The pair closed in NY Thursday at $1.6324 after recovering from earlier lows of $1.6272 (rate initially recovered to $1.6320 as the BOE left rates unchanged and issued no statement),

UBS Morning Adviser

Follow the risk reward for dollar trades After two difficult weeks risk appetite is finally showing signs of stabilising.

Daily FX Update

Markets are showing signs of relative calm into the NA open and Friday’s nonfarm payroll release. Equities are higher, oil prices are up however with the U.S. 10year at 2.67% and

EUR/USD has broken the support at 1.3508.Despite the current lack of follow-through, wefavour a bearish bias as long as prices remainbelow the resistance at 1.3573 (31/01/2013 high,see also the steep declining trendline).

FX Daily Majors

Today’s highlights: AUDUSD immediate risks stay higher to .9079/87, which we look to cap to keep the medium-term bear trend in place.