Tag Archives: GBP/USD
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6266 after recovering off a session low of $1.6214 to $1.6280 before drifting off into the close. The pound had lost ground Tuesday following the release of softer than forecast UK inflation data,
Daily FX Wrap and Strategy
The NZD/USD sits at a similar level as yesterday morning, at 0.8250, having traded above 0.8280 overnight. Yesterday’s Half Year Economic and Fiscal Update confirmed the NZ fiscal accounts are on a solid footing.
Daily FX Update
Markets, including FX, are relatively quiet leadinginto tomorrow’s Fed decision, where the focus will be on tapering, thetone and the economic forecasts.
Daily Technical Report
EUR/USD remains well supported as can beseen by the bounce from the low at 1.3709. Anhourly resistance stands at 1.3811 (11/12/2013high). Supports now stand at 1.3709 and 1.3621.
The Global Macro Pulse
The USD weakened marginally against majors. EUR edged higher to 1.3770, USDJPY traded down to 102.95, while AUD stayed in a tight range of 0.893 to 0.896. NZD strengthened steadily to 0.829,
Riksbank rate decision is the main distraction today
EUR/USD: The recent 1.3811 & 1.3833 peaks remain untouched so far.The “below mid-range” session close left more for bulls towish for. But sellers would on the other hand need a sub-1.3709 move to
UBS Morning Adviser
Stagnation Already Secular? As we head into this year’s final FOMC, we should not forget that the Fed’s forward guidance,
GBP/USD Analysis
The pair closed in NY Monday at $1.6295 after rate had found decent support at $1.6290, holding on three challenges after rate had initially bounced to a session high of $1.6348, with lower recovery highs,
Daily Market Technicals
EUR/USD failed to break above $1.3800 level and left a high at $1.3799, adding to resistance. Daily studies look overbought but weekly/monthly studies continue to carry a bullish tone.
Daily FX Wrap and Strategy
The NZD/USD has traded to either side of 0.8250 and 0.8280 over the past 24-hours, trading around 0.8250 at present. Yesterday’s BNZ Performance of Services index confirmeda positive trend heading into Christmas.
Daily Technical Report
EUR/USD continues to consolidate close to therecent 1.3832 high. Strong resistance isexpected close to current levels. However, if abreak over 1.3832 can be achieved this wouldopen up a return to the 1.4000 region.
FX Daily Majors
Today’s highlights: * AUDUSD spotlight turns to the year’s lows at .8892/48. We allow for an initial hold here, but look for an eventual break lower to .8675.