Tag Archives: GBP/USD
UBS Morning Adviser
Swedish Depo Lessons The clamour for negative deposit rates in the Eurozone has subsided somewhat in the wake of some less-than supportive comments from ECB heavyweights.
Weekly Economic & Financial Commentary
The release of the minutes of the October FOMC meetingtemporarily raised concerns that the Fed may opt to begin scalingback its monthly security purchases in December,
Weekly CFTC Trader Positioning Data
USD SENTIMENT BUILDS AT THE EXPENSE OF EUR AND JPY Positive sentiment toward the USD has continued to build this week at the expense of EUR and JPY as most of the remaining pri-mary currencies were left unchanged.
Daily FX Update
CAD IS WEAK LEADING INTO CPI RELEASE * USD is mixed—there is essentially no data today.
US Morning Update
Major Overnight Headlines * Key parameters of stress test exerceise to be announced by the end of January, Draghi says
Daily Technical Report
EUR/USD has broken its short-term risingtrendline, suggesting the end of the recentrebound. However, the hourly support at 1.3390(13/11/2013 low) has held thus far and
FX Daily Majors
Today’s highlights: * USDJPY spotlights turns to the key 101.54/61 barrier. Above here is needed to open up a test of the year’s high at 103.10/74.
The Global Macro Pulse
The dollar has extended its overnight rally against the AUD, which has fallen to 0.9194, but essentially flat against the EUR and JPY at 1.3466 and 101.15 respectively.
GBP/USD Analysis
The pair closed in NY Thursday at $1.6199, just off its posted high of $1.6200 after rate had recovered through the day off an earlier Asian base of $1.6072.
Daily Market Technicals
EUR/USD failed to retest the channel base as bulls yesterday were capped by the 5-DMA which is now initial resistance today at $1.3486.
UBS Morning Adviser
The Bank of Japan is likely to ease policy further in April, but investors haveonly just begun to position for this outcome. So we raise our USDJPYforecasts to 103
Daily FX Update
USDJPY RALLIES ABOVE 100; MORE UPSIDE LIKELY * USD mixed; initially strong on Fed minutes but lost ground on Draghi.