Tag Archives: GBP/USD
USD still in freefall
The US dollar continued its correction against most currencies last week, with the DXY dollar index testing 79.2.
Daily FX Update
WEDNESDAY’S FOMC IS FOCUS FOR FX * USD—DXY consolidates at lower end of 18-month range.
FX G10 Morning Trader Views
EURUSD Topside: 1.3832, 1.3862, 1.3937 Downside: 1.3790/95, 1.3742, 1.3711
FX Daily Majors
Today’s highlights: * USDCAD stays bullish for move to trendline resistance at 1.0500/11 next. Above would target the 1.0569 peak.
The Global Macro Pulse
Overnight Price Action Asian markets have traded with a bullish risk/bearish USD tone. S&P futures are up 0.4%,
Daily Market Technicals
EUR/USD left another higher high but this time closed back around $1.3800 to leave a doji while overbought daily studies weaken.
GBP/USD Analysis
The pair closed in NY Friday at $1.6167 after recovering off a session low of $1.6150, with euro-sterling closingthe week above its 200-dma at stg0.8535 at stg0.8539,
UBS Morning Adviser
Sceptical Of AUDNZD Bounce We have been short AUDNZD in one form or another since Feb 1st, and remain so despite signs that further downside may take even longer to materialise.
FX Viewpoint: EUR on a short leash
I never think of the future – it comes soon enough. -Einstein Where is EURUSD headed? What is fair value? – questions piling in my mailbox.
Daily FX Update
FINANCIAL CONDITIONS IN CHINA WEIGH ON AUD & CAD * USD — hammer candle in DXY hints at near term bottom.
US Morning Update
Major Overnight Headlines • BoE’s expands collateral range, cheapens lending terms as reserves averaging remains suspended for now