Tag Archives: GBP/USD
FX Daily Majors
Today’s highlights: * USDCAD’s upside break through 1.0421/27 sets a better base to test trendline resistance at 1.0500/13 next.
The Global Macro Pulse
Overnight Price Action Asian stocks sold off, led by 1.5% falls in both the Nikkei and Shenzhen.
UBS Morning Adviser
ECB Tolerance Tests Headlines regarding the upcoming ECB asset quality review and stress tests have started to attract investor attention,
Daily Market Technicals
EUR/USD breaks above $1.3800 to squeeze above monthly Bolli top to test daily Bolli top. Studies are still bullish but daily studies show signs of slowing,
GBP/USD Analysis
The pair closed in NY Thursday at $1.6200, just off recovery highs of $1.6213 after rate had recovered off pressured lows of $1.6138, the low seen as euro-sterling pressured up to
Daily FX Wrap and Strategy
After putting up a something of a fight yesterday, the NZD sell-off resumed overnight. In fact, the NZD/USD’s ¾ of a cent slide (to 0.8350) has been enough for the kiwi to
Daily FX Update
CAD UNDERPERFORMS PEERS ON BOC NEUTRAL BIAS * USD — DXY flirting with break of 2013 low.
FX Daily Majors
Today’s highlights: * USDCHF completes a major top below .8931, for .8862 initially, then .8568/18.
FX Daily Strategist: Europe
Constructive on Carry and Commodity Currencies The initial reaction to the rise in China’s money market rates has translated into lower US Treasury yields and weaker equity markets,
The Global Macro Pulse
Overnight Price Action Equities pared losses after a better-than-expected China flash PMI but markets remained nervous on signs of further tightening in China’s interbank liquidity.
Global growth outlook unaffected by US political drama
* We have left our global economic growth forecasts unchanged at 2.8% for 2013 and 3.6% for 2014.