Tag Archives: GBP/USD
Daily Technical Report
EUR/USD continues to grind higher afterhaving successfully tested its recent low at1.3296 (see also the 50% retracement). Monitorthe test of the resistance at 1.3548 (see also thebroken rising channel).
FX Daily Majors
Today’s highlights: * EURUSD correction extends, but we still look for an attempt to try and turn lower again from 1.3548/68.
The Global Macro Pulse
Overnight Price Action The S&P 500 faded in late New York, trading to fall 0.4% on the day, but futures are up slightly in Asia.
GBP/USD Analysis
The pair closed in NY Monday at $1.6109 after rate had pulled back from an intraday high of $1.6149 (met strong corp sell interest toward $1.6150),
UBS Morning Adviser
Equities Now Supporting CAD The Canadian dollar has been a key beneficiary of foreign inflows over recent years,
Daily FX Wrap and Strategy
The NZD/USD sits a little higher, at 0.8360, this morning. Yesterday’s NZ Performance of Services Index for October moved up to 52.8, a 1.8 point rise from September.
The JPY under pressure in the short-term
The euro resumed its ascent against all G10 currencies last week, one week after the interest rate cut by the European Central Bank (ECB) and in addition to the EUR/USD returning to 1.346.
Daily FX Update
STRONG RISK APPETITE WEIGHS ON USD * USD is weak as the Fed outlook & Chinese reforms stoke risk appetite.
New Financial Forecasts
Norway: We expect Norges Bank to cut rates by two times 25bp next summer. There will however not be any such signals at the upcoming MPC meeting in December.
Daily Technical Report
EUR/USD continues to grind higher afterhaving successfully tested its recent low at1.3296 (see also the 50% retracement). Aresistance stands at 1.3548 (see also the brokenrising channel).
FX Daily Majors
Today’s highlights: * USDJPY stays bullish for 100.62 next, above which should see a test of more important resistance at 101.54/61.
The Global Macro Pulse
Overnight Price Action S&P 500 futures are down 0.1%. The Nikkei is essentially flat, but most other Asian equity markets are up,