Tag Archives: GBP/USD
Daily FX Wrap and Strategy
The NZD (along with the GBP) has continued to outperform over the past 24 hours, with the NZD/USD eventually settling back above 0.8250 (having been flung around in a wide 0.8230-0.8360 range).
Daily FX Update
USD RALLIES ON RELATIVE GROWTH; YELLEN IS RISK * USD rallies as the relative growth outlook favours the US against Europe; a dovish Yellen is priced in but testimony important (10am EST).
US Morning Update
Major Overnight Headlines German Q3 GDP in-line at 0.6% QoQ, intra-Euro Area trade flows a net drag on growth
Daily Technical Report
• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). A resistance stands at 1.3548 (see also the broken rising channel).
Daily Market Technicals
EUR/USD rises to retest the rising channel base, now initial resistance at $1.3504. Daily studies have turned bullish and a break above initial res could accelerate gains up to
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6051 after sterling had been given a boost earlier in the session on the release of stronger than forecast UK jobs data,
UBS Morning Adviser
G10 Post-Plenum In our Cross Asset Macro Strategy 2014 Outlook (Nov 11th), we highlighted 10 ‘alternative scenarios’ which could seriously surprise markets.
Daily FX Wrap and Strategy
The NZD/USD continues to hold above key technical support in the 0.8190/0.8220 window. Overnight, the currency was pitched back above 0.8250 by the tailwinds from a weaker USD.
Daily FX Update
BOE HINTS AT 2015 RATE HIKES SUPPORTING GBP * USD mixed, as domestic developments drive FX.
Daily Technical Report
• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). The resistance at 1.3449 (05/11/2013 low) is challenged.
FX Daily Majors
Today’s highlights: * GBPUSD’s break below the 1.5894 October low sets a bearish “double top”.
Still bearish GBP vs USD, neutral on crosses
There are two large cross-currents impacting sterling at the moment. Here’s ourassessment of each and ultimate implications for GBP.