Tag Archives: GBP/USD
GBP/USD Analysis
The pair closed in NY Friday at $1.6424 after sterling had been a general boost earlier in the day on the release of stronger than forecast UK retail sales data.
Morning Report
Asian markets are mildly flower following release of a batch of Chinese data. Japanese Nikkei, Hong Kong HSI, Shanghai SSE and Singapore Strait Times are all trading in negative territory at the time of writing.
FX: surprise me not
With US data/speak front quiet, only EMU data can surprise this week – where to? Commodity currencies still under pressure, Chinese data, especially PMI on Thursday, is key…
Weekly Forex Report
Deflationary forces in the Eurozone to subside? Although a near consensus view, we are of the belief that the US Dollar will continue to gain favour in 2014.
Daily FX Update
Leading into a US long weekend and Davos marketsare relative quiet and favouring risk. The USD is mixed with most currenciesbeing driven by domestic stories.
Daily Technical Report
EUR/USD has thus far failed to significantlyretrace its decline from the peak at 1.3893. As aresult, a test of the recent low at 1.3549(09/01/2014 low) is favoured.
FX Daily Majors
Today’s highlights: USDCAD is conducting a high-level consolidation, but the trend stays higher for 1.1234 next then 1.1666/1727.
The Global Macro Pulse
FX has been largely rangebound in Asia. EURUSD, USDJPY, and AUDUSDare at 1.3614, 104.32, and 0.8814, all barely changed from their end-US tradinglevels.
GBP/USD Analysis
The pair closed in NY Thursday at $1.6353 after rate had managed to recover off a session low of $1.6322 to $1.6464 before drifting off into the close.
UBS Morning Adviser
Governments are looking at generating inflation too Combating deflation is a global priority, but developments in national labour markets have been at the forefront of such structural headwinds for prices.
Daily Market Technicals
EUR/USD continues to trade just above or just below the July support line, now at $1.3613. Daily studies rise and 10-day momentum slips into positive territory, we await today’s close to confirm,