Tag Archives: GBP/USD
Markets look contained in the wake of the U.S. budget stalemate
EUR/USD: Action was lukewarm, at best, yesterday. But with the market staying below Fri’s mid-body point of 1.3590there is a near-term downside tilt.
Daily Market Technicals
EUR/USD recouped some of the losses from the bearish engulfing candle which still awaits confirmation despite the bearish daily studies.
UBS Morning Adviser
Growth Risks Not Priced Yet The market’s ongoing serenity in the face of the US’ fiscal risks has confounded many.
Daily FX Wrap and Strategy
Currency markets continue to be held hostage by US budgetary wrangling. Most of the major currencies drifted overnight as investors played the waiting game.
FX Daily Strategist: US
USD still vulnerable to debt ceiling worries The slight firmer tone seen by the dollar on Fridayappears to have been no more than short-covering ahead of the weekend against the risk of positive news on the US political front.
Daily FX Update
USDJPY FALLS TO SIX‐WEEK LOW * USD is mixed; risk havens JPY and CHF are bid; growth sensitive FX are weak as WB cuts China’s growth forecast. Limited US data today.
FX Daily Majors
Today’s highlights: * USDJPY is closing in on chart and 200-day average support at 96.82/63. Below can target 95.80/63.
FX Daily Strategist: Europe
Political stalemate continues – USD still vulnerable to debt ceiling worries The on-going US government shutdown and looming debt ceiling crisis should continue to dominate market focus in the week ahead.
Daily Market Technicals
EUR/USD continued to push up towards the $1.3711 reversal high of Jan 2013 – however 10-day momentum study has shown negative divergence since Sept 19.
UBS Morning Adviser
Calm Before The Storm FX markets remain paralysed by uncertainty. Almost three weeks have passed since the Sept 18th FOMC decision and
Daily FX Wrap and Strategy
The NZD/USD showed a bit of volatility at the end of the week to close around 0.8320. With the stalemate in US fiscal negotiations continuing to prevail at the end of the week,
FX Comment: blind spot
“Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.” – A. Einstein