Tag Archives: GBP/USD
The Global Macro Pulse
Overnight Price Action The Nikkei held flat while most Asian stocks rose. Shanghai and Shenzhen extended gains to 0.5% and
GBP/USD Analysis
The pair closed in NY Thursday at $1.6160 after sterling also took advantage of the strong dollar sell off, along with getting a boost on the back of stronger than expected UK retail sales data,
Daily Market Technicals
EUR/USD failed to retest lows around $1.3480 but soared above dly Bolli band to test Apr 2007 reversal high at $1.3681, now initial res alongside yesterday’s high at $1.3682.
The dollar has come under severe pressure
EUR/USD: The dollar took a big hit across the board yesterday. Thisbenchmark move shows demand – likely strong enough tochallenge the yearly high at 1.3711.
UBS Morning Adviser
What’s the Damage? Judging by the queries from clients in the aftermath of the debt ceiling deal, it is clear that markets want to see the delayed data released as soon as possible.
Daily FX Wrap and Strategy
The NZD/USD is once again paying for the US’s sins with a collapse in the USD propelling the NZD/USD to fresh 5-month highs above 0.8520 overnight.
FX Daily Majors
Today’s highlights: * NZDUSD is poised at the .8465/82 78.6% retracement barrier. Above here would look on to .8588, ahead of the range highs at .8628/78.
FX Daily Strategist: Europe
Fiscal resolution leaves path clear for the dollar to rise The seemingly intractable fiscal impasse in the US came to a rapid resolution on Wednesday,
The Global Macro Pulse
Overnight Price Action Following the S&P’s 1.4% rally overnight, futures are down just under 0.1%,
Daily Market Technicals
EUR/USD bounced from the daily Bolli base yesterday, now seen as key support at $1.3471. Daily studies are bearish but show signs of slowing,
GBP/USD Analysis
The pair closed in NY Wednesday at $1.5948 after recovering off a session low of $1.5894. Rate had seen highs earlier in the day of $1.6064,
UBS Morning Adviser
3 Themes for 3 Months The Senate-penned deal might not be perfect, but it has done the job and markets will take what it can get in terms of fiscal stability until Congressional battles pick up again.