Tag Archives: GBP/USD

The Global Macro Pulse

The dollar has nudged stronger in Asia. USDJPY is up at 102.37 and AUDUSD is a bit lower at 0.8750. EURUSD has chopped around 1.3486 for most of the Asian morning.

UBS Morning Adviser

Act III, Scene I The FX market’s most liquid currency pair does not fall easily.

Daily Market Technicals

EUR/USD held below the Sept 6 support line and declined to the daily Bolli band base – bulls may still aim to retest the support line at $1.3565 as initial resistance, however,

GBP/USD Analysis

The pair closed in NY Friday at $1.6439, off its late session lows of $1.6426 after rate had been pulled lower by month end flow driven slippage in euro-dollar.

Weekly Economic & Financial Commentary

U.S. Review Shall We Do the Real GDP Shuffle? · Real GDP posted its second consecutive quarterly above-trend gain in the fourth quarter, rising at a 3.2 annual percent pace.

Daily FX Update

Markets are unsettling. It is concerning to see the US 10‐year yield falling back to 2.65%, a weak equity start, rising volatility, a strong USD & JPY and ongoing downward pressure on EM FX.

Daily Technical Report

EUR/USD declined sharply yesterday and isnow close to its support at 1.3508 (see also thesteeper rising trendline). An initial resistance liesat 1.3559 (intraday high).

FX Daily Majors

Today’s highlights: USDCAD spotlight stays on our 1.1234 first objective, which we would look to ideally cap at first.

Markets are closed for the lunar new year holiday in China, Hong Kong, Taiwan, Indonesia, Singapore, Vietnam, and Korea. Elsewhere, sentiment remained generally weak despite the stronger US equity performance in NY trading.

UBS Morning Adviser

Currency risk beta the driver – for now The selloff in Emerging Currencies may have taken a breather but structural problems remain.

Daily Market Technicals

EUR/USD collapsed to the Sept 6 support line and has moved below today – it turns into initial resistance at $1.3561 which bulls will aim to retest today.

GBP/USD Analysis

The pair closed in NY Thursday at $1.6491 after rate had recovered off an intraday low of $1.6445 (61.8% $1.6309-1.6667) to $1.6518, the correction aided by