Tag Archives: GBP/USD
FX Daily Strategist: Europe
A step back from the brink, but any deal will still need approval Risk sentiment is trading on stronger footing following headlines that Senate leaders were ‘making progress’ towards a deal with the
UBS Morning Adviser
Dare RBNZ Stand Alone? Being short AUDNZD is one of our long-held trade recommendations.
AUD is bid and GBP & JPY are offered in low volatility markets
EUR/USD: Intraday attempts higher within the range of late keep beingresponded to. Yesterday was no exception. Outside recent1.3485\1.3607 spikes is required to make any kind ofdirectional assumptions.
GBP/USD Analysis
The pair closed in NY at $1.5983 after rate had pulled back from a session high of $1.6018 (50% $1.6122-1.5914) to a low of $1.5979 as the dollar recouped earlier losses on optimism that the
Daily Market Technicals
EUR/USD has left another long upper shadow after bulls tested above short-term resistance line from Oct 3 leaving a high at $1.3598 and new initial resistance.
FX Market Drivers: Prospects of USD weakening
The US: The Democrats rejected two proposals by the Republicans. The political deadlock continues to cause endless worry for the economists dealing with the financial market.
US Morning Update
Major Overnight Headlines • Euro Area industrial output at 1.0% MoM in August versus a rise of 0.8% expected, previous revised up
FX Quant and Positioning Weekly
A mostly ranging FX market awaits political solutions Price based indicators * FX-O-meters: Trends continued to lose strength last week which is hardly surprising as market risk are driven by political events.
UBS Morning Adviser
Watch The MMMF Flow On October 10th our US Rates Strategy Team highlighted that along with the sovereign reserve manager community,
Another congestion day. Weaker JPY.
EUR/USD: Last week became the second week in a row that the marketspiked above 1.3569 hence repeating the weekly up-thrusttop pattern.
GBP/USD Analysis
The pair closed in NY Friday at $1.5957 after rate had recovered off a late European low of $1.5924 through the NY afternoon to $1.5961.
Daily Market Technicals
EUR/USD squeezes higher but remains below the resistance line from Oct 3 – initial resistance at $1.3574 – while the downside finds support from the