Tag Archives: GBP/USD
The Global Macro Pulse
The USD lost ground against risk currencies ahead of the FOMC. AUD edged higher to 0.8805, NZD to 0.8277, leaving AUDNZD essentially unchanged at 1.0639 before the RBNZ meeting tonight.
UBS Morning Adviser
A question of when, not if There has not been a policy rate adjustment in New Zealand since March 2011, when a 50bp ‘insurance cut’ followed in the wake of the Canterbury earthquake.
Daily Market Technicals
EUR/USD declines slowly after bouncing from Sept 6 support line. Price action slips below the 38.2% of $1.3296-1.3893 and yesterday tested the 23.6% of $1.2755-1.3893 at $1.3624.
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6573 after rate had recovered off a post UK GDP low of $1.6536 to $1.6614 (though failed to retest early European highs of $1.6627) before it pulled back to
Daily FX Wrap and Strategy
The NZD/USD sits a little higher this morning, at 0.8260,having traded as high as 0.8300 overnight.Broad risk appetite improved overnight,
Daily FX Update
EM risk aversion fears are easing into the NA open,with most equity markets stabilizing, US 10‐year yields back up to 2.78%and the USD mixed.
Daily Technical Report
EUR/USD continues to struggle after its Fridayintraday bearish reversal near the resistance at1.3699. Hourly supports stand at 1.3625 (intradaylow, see also 50% retracement) and 1.3583(22/01/2014 high).
The Global Macro Pulse
Asian FX recovered from yesterday’s lows, led by a 0.5% rally in KRW to 1078. The PHP, MYR and SGD have all strengthened marginally by 0.1% to 0.2%.
UBS Morning Adviser
Future guidance also now under the spotlight FX investors are still coming to terms with the near-spontaneous improvement in UK economic data several months ago.
Daily Market Technicals
EUR/USD has stalled above the 38.2% of $1.3296-1.3893 at $1.3665 and daily studies become mixed – 10-day momentum study flatlines around neutral.
GBP/USD Analysis
The pair closed in NY Monday at $1.6579 after rate had recovered through the day from early Asian lows of $1.6471 to a NY session high of $1.6590 as market moved back into
Daily FX Wrap and Strategy
The NZD/USD traded a relatively tight 0.8220-0.8260 rangeovernight, sitting at the lower end of this range at present.Yesterday’s domestic data,