Tag Archives: GBP/USD
US Morning Update
Major Overnight Headlines Norwegian underlying CPI rises 1.9% YoY in October, versus 1.8% rise expected
FX Quant and Positioning Weekly
Spec’s cut excessive bullish EUR position by more than half * Speculators slashed their previously excessively bullish EUR position by more than half.
FX Daily Majors
Today’s highlights: * EURUSD maintains its break of key support at 1.3464/21, and we stay bearish for 1.3220 initially.
Daily Technical Report
EUR/USD failed last Friday to move below therecent low at 1.3296 (see also the 50%retracement), increasing the odds of a shorttermbounce.
Corporate Hedging Monthly – Monitor
The corporate hedging monitor is slightly less bullish EUR/USD than two months ago as a result of the EUR being less undervalued on a FEER basis.
GBP/USD Analysis
The pair closed in NY Friday at $1.6017 after recovering from a post US NFP react low of $1.5957 to $1.6031 before it drifted off in to the close.
Daily Market Technicals
EUR/USD: The move lower Thursday was followed up by an inside day and a relatively bearish close to end last week. The $1.3450 level confirmed its significance on Friday
UBS Morning Adviser
EURUSD has now dropped five big figures in less than two weeks, drivenmainly by fears of a more robust ECB response if inflationary pressures are notrekindled.
Daily FX Wrap and Strategy
The NZD was the strongest performing currency last week. Actually, the more appropriate title might be ‘least worst’ performing,
FX Viewpoint: USD bulls awake
“I think I will abstain from judging the markets. This is one of the hardest things to do and it is usually quite useless because they do what they want, no matter what.”
Weekly Economic & Financial Commentary
U.S. Review: What Government Shutdown? · Nonfarm payrolls surprised to the upside as the federal government shutdown did little to deter private-sector employers from hiring more workers.
EUR down as a result of ECB decision-making
The euro extended its correction this week, setting a low of 1.33 against the US dollar, before recovering above 1.34 following Thursday’s surprise interest rate cut by the European Central Bank (ECB).