Tag Archives: GBP/USD
The Global Macro Pulse
A bout of USD strength hit Asian trading. EURUSD dipped below 1.3630, and USDJPY rallied towards 104.4. USDCAD also broke to post 2008-2009 high of 1.0972, while AUD fell to 0.892.
UBS Morning Adviser
Worse to come before it gets better The Canadian dollar continued its slide overnight, with USDCAD rising to highs not seen since Oct. 2009.
Daily Market Technicals
EUR/USD fades from 21-DMA and bears now finding support from 23.6% of $1.2755-1.3893 at $1.3624, just below the hourly low. Bears still target key July support line, at $1.3601,
Daily FX Wrap and Strategy
The NZD/USD has extended its gains overnight to sit at 0.8390 this morning. A still fairly benign environment for risk appetite, post last week’s US payrolls data, is helping support the NZD.
Daily FX Update
A $1.1tn US government deal, bank earnings, UK inflation returns to 2% and Japan releases are record current accountdeficit are the developments driving markets into the NA open.
US Morning Update
On the downside, we’re staring some pretty stretched short-term CAD valuations in the face. Yet the CAD still feels fairly well offered so far today. On a weekly basis, last week’s move up in USDCAD was basically 2 sigma.
Daily Technical Report
EUR/USD has thus far failed to break theresistance area between 1.3677 and 1.3687(10/01/2014 high, see also the 38.2%retracement).
Major influence of monetary policy expectations
Generally, the FX market is subject to more long-term trends or regimes, where a specific factorhas an impact on virtually all currencies in a particular way.
The Global Macro Pulse
The USD has regained a bit of its overnight losses. USDJPY has risen to 103.31, having traded as high as 103.50 and AUDUSD has dipped to 0.9036.
USD/JPY bouncing from support. NZD/USD trades towards 0.8415.
EUR/USD: The earlier move up from support is so far not rejected. Withintraday goggles on there is something looking like a bullishflag forming.
UBS Morning Adviser
Expecting higher dollar versus the yen, Nordic and commodity currencies Fed officials are likely to ‘look through’ Friday’s soft payrolls report.
Daily Market Technicals
EUR/USD failed to break above the 21-DMA and left a double-day high at $1.3685 – bulls will aim to break above, however bears likely target the July support line again,