Tag Archives: GBP/USD

GBP/USD Analysis

The pair closed in NY Tuesday at $1.6446 after rate had consolidated its earlier rise to $1.6468 with trade through the rest of the day contained within a range of $1.6421-58.

Global FX Strategy: SEK ahead of the Riksbank

SEK: Riksbank on hold not necessarily SEK bullish To cut or not to cut in December is a hard guess, but a scenario where the Riksbank leaves rates unchanged will likely come with a lower rate path,

Daily FX Update

FX Market Update ‐ Into the NA open, the USD is generally flat havinggained or loss only +/‐0.15% against all the primary currencies; howeverseveral currencies have reached fresh highs including EUR, GBP, KRWand CNY,

Daily Technical Report

EUR/USD has broken the resistance at 1.3622,confirming a persistent strong buying interest.The short-term technical structure remainspositive as long as the key support at 1.3621(06/12/2013 low) holds.

FX Daily Majors

Today’s highlights: * EURJPY’s extension through 141.00 keeps the trend higher to the “neckline” to the 2008 top at 149.25/27.

The Global Macro Pulse

EURUSD rallied further in Asia to 1.3756 while AUDUSD and USDJPY were flat at 0.9105 and 103.28, respectively. In EM Asia FX, the MYR has outperformed, appreciating to 3.2005 to the dollar while USDPHP rose to 44.280,

Daily Market Technicals

EUR/USD stretches further to the upside as bulls target the Oct 28 high at $1.3832, however daily studies are increasingly overbought adding a little downside risk. Failure to retest $1.3832 could see the pair collapse,

GBP/USD Analysis

The pair closed in NY Monday at $1.6428 after rate had extended its recovery off earlier Asian lows of $1.6316 to a high of $1.6433, seen in the NY afternoon.

UBS Morning Adviser

Don’t Misread Equities One of the biggest talking points in the tapering story is how equity markets will respond to the marginal decline in liquidity provision.

The greenback remains apprehensive

EUR: we remain negative on the single currency As expected, the European Central Bank kept its monetary policy on hold last week,

Daily Technical Report

EUR/USD has broken the resistance at 1.3622,confirming a persistent strong buying interest.The short-term technical structure remainspositive as long as the key support at 1.3621(06/12/2013 low) holds.

JPY weakness. CABLE peaking?

EUR/USD: The market opened the week with an unusually big gap (to1.3748) higher only to immediately trade lower filling thegap to the NY close, 1.3706.