Tag Archives: GBP/USD
Annual Rate Spread Ranges & 2014 FX Vol
Much like 2013 was a year of two halves, so 2014 looks likely to be a yearof two halves. H1 2014 will probably dominated by boredom over UStapering,
The Global Macro Pulse
The USD has given up some of its New York rally. AUDUSD has bounced to 0.9189, EURUSD has edged up to 1.3531, and USDJPY has nudged lower to 101.51.
A “Bearish engulfing candle” in cable has been added
EUR/USD: Nearby short-term refs to keep an eye on are located at1.3400 & 1.3585 and one has to yield to show the way. Nextabove would then be a weekly mid-body point at 1.3645 and
Daily Market Technicals
EUR/USD continues to trade below channel base but with bulls pressuring the upside, however weekly studies show continued bear-divergence which adds risk lower.
GBP/USD Analysis
The pair closed in NY Monday at $1.6161 after rate had been sold to lows of $1.6134, having seen highs earlier in the day at $1.6241.
UBS Morning Adviser
Price Surprises Surprising The window for the ECB Governing Council to act on deflation pressures appears to be closing as even the Bank of Spain Governor noted on Monday that there was no risk of deflation in his country.
Daily FX Wrap and Strategy
The NZD/USD barely budged overnight, despite most G10 currencies feeling the pinch of a broad-based strengthening in the greenback. It opens this morning around 0.8190.
Daily FX Update
RELATIVE CB POLICY OUTLOOK TO REMAIN KEY DRIVER * USD—growth outlook is focus this week given housing releases.
Daily Technical Report
EUR/USD has risen for the last two days,reflecting a persistent short-term buying interest.Monitor the resistance at 1.3579. Supports are at1.3400 (21/11/2013 low) and 1.3296.
The Global Macro Pulse
The dollar has rallied across the board, led by USDJPY jumping to 101.75. AUDUSD has traded down to 0.9157 vs. the USD and 1.1148 vs. the NZD while EURUSD has nudged lower to 1.3544.
GBP/USD Analysis
The pair closed in NY Friday at $1.6226, just about at session highs as rate continued to build on its recovery off Thursday lows of $1.6072.
Daily Market Technicals
EUR/USD managed to retest the channel base on Friday and is capped by the same level today – now at $1.3561. Bulls look to break above to close back within the rising channel,