Tag Archives: GBP/USD

The Global Macro Pulse

Overnight Price Action Following a 0.2% fall in the S&P 500 overnight, futures are off 0.4%.

Daily Market Technicals

EUR/USD bounced from the 100-DMA to retest resistance around $1.3452/53, the Aug 20 reversal high and hourly high. A break above here targets the key 55-DMA and

GBP/USD Analysis

The pair closed in NY Tuesday at $1.5904, the rate managing to push back above $1.5900 in NY trade after rate had seen extended react lows of $1.5854 on the release of lower than forecast UK CPI data.

UBS Morning Adviser

Positioning For QIF For sterling, it appears that Wednesday’s inflation report could only offer surprises to the upside.

Daily FX Wrap and Strategy

The NZD/USD sits a little lower this morning at 0.8220. Yesterday’s REINZ house price data did not provide any shocks to the market.

Daily FX Update

USD RALLIES; GLOBAL DISINFLATION BECOMES THREAT * USD is strong, trading to two months highs against most currencies.

Global FX Strategy: More weakness for Scandis ahead

Weaker NOK alongside rate cuts We see tapering starting early next year, more or less at the same time as the market will start discounting rates cuts from Norges Bank.

Daily Technical Report

• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). Resistances can be found at 1.3449 (05/11/2013 low) and 1.3548.

FX Daily Majors

Today’s highlights: * NZDUSD stays under pressure, and below .8194/64 would complete a bearish “head & shoulders” top.

GBP/USD Analysis

The pair closed Monday’s holiday thinned session at $1.5986 having been pressed to an intraday low of $1.5964 through the day on mainly euro-sterling demand led trade.

UBS Morning Adviser

NZD Outlook Tied To Property The New Zealand housing market is still booming, despite the introduction of property cooling measures on Oct. 1.

Daily FX Wrap and Strategy

The NZD/USD has climbed up the hill and down again over the past 24-hours. Having reached toward 0.8290 last evening it now sits below the start of week, at 0.8230.