Tag Archives: GBP/USD
UBS Morning Adviser
ECB Over-positioned? The euro’s limited rebound on Monday suggests that markets are squarely behind expectations for a material ECB policy signal.
Daily FX Wrap and Strategy
The NZD sits a little higher at 0.8280 this morning. Yesterday’s ANZ commodity price index showed world prices for NZ’s main primary export products rose 1.3% in October.
Daily FX Update
USD LIKELY TO END WEEK ON STRONGER NOTE * USD is broadly weaker; retracing broad strength on the hawkish Fed Fisher. We expect it to rally before week’s end.
FX Daily Majors
Today’s highlights: * EURUSD has extended its collapse to pivotal support at 1.3473/21, which we look to hold for now. Failure would mark a more important top.
The euro is kept on the back foot
EUR/USD: After two days of losses, buyers have responded at supportnear an earlier ref cluster (1.3472/53), at the high end of theFibo adjusted short-term “Ichimoku cloud” and
Daily Market Technicals
EUR/USD continued its descent to approach the support line from Jul 10, now at $1.3437 and key initial support as the pair bounced from here already.
UBS Morning Adviser
AUD: Immediate Outlook Benign RBA Governor Stevens made full use of last week’s speech to talk down the Australian dollar,
GBP/USD Analysis
The pair closed in NY Friday at $1.5926, the rate recovering off a late low of $1.5908, which was seen as the rate tracked deeper euro-dollar slippage and
Daily FX Wrap and Strategy
The NZ dollar staged a striking bounce-back through the latter stages of Friday’s trading session, having been sold down to almost 0.8210 earlier in the night.
FX Viewpoint: give EUR a break!
Deflation! Japan! Doom! – the headlines last week when the euro area inflation fell below 1%. Mind you, this is not the euro area specific issue: disinflation is what has held Fed from tapering too.
Weekly Economic & Financial Commentary
U.S. Review Economic Data Releases Largely Weaker than Expected
Daily FX Update
EUR WEAK AS ECB LIKELY TO TURN MORE DOVISH * USD is mixed; as EUR collapses & growth sensitive FX outperform.