Tag Archives: GBP/USD
FX Daily Majors
Today’s highlights: EURGBP is expected to see a break of the .8230 recent low, for our .8165/55 target.
The Global Macro Pulse
The USD strengthened in Asian open against JPY and EUR. USDJPY has climbed to 104.64 while EURUSD fell slightly to 1.354. AUD and NZD were both more resilient on the day,
UBS Morning Adviser
Tapering losing influence over some trades For the bulk of the last three quarters, markets have designated US policy and
Daily Market Technicals
EUR/USD now holds below the 100-DMA after breaking below the July support line on Friday – the 100-DMA is initial resistance at $1.3572 and bulls aim to break back above to retest the former support line at $1.3626.
GBP/USD Analysis
The pair closed Monday’s US holiday thinned session at $1.6430 after recovery efforts during the day, from early Asian lows of $1.6396, had faltered around $1.6452.
FX Weekly
Week ahead – the world waits for the BoC This is an enormously important period for Canada and the BoC, and things really heat up in the week ahead.
Daily FX Update
Markets are relatively quiet leading into the US holiday session. There is no North American data today and liquidity isexpected to decrease after European desk close.
US Morning Update
We look for USDCAD to remain firm and comfortably above 1.090 into the start of Wednesday, with the BoC and key Canadian data releases beginning from mid-week.
FX Daily Majors
Today’s highlights: EURUSD reinforces its top below 1.3548, and we stay bearish for 1.3458, then 1.3357/24.
Daily Technical Report
EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows.
The Global Macro Pulse
In FX, AUDUSD rose to 0.880 following the release of China’s GDP but has since given up its gains to trade back to Friday’s close around 0.878. Reports of a 6.3 magnitude earthquake near Wellington drove NZD lower initially,
UBS Morning Adviser
Three forces taking turns The Australian dollar weakened during the course of 2013 under the weight of three key forces: