Tag Archives: GBP/USD
UBS Morning Adviser
Reserve Managers Now Prefer CAD Reserve diversification into smaller currencies continued in Q2, according to the latest quarterly survey of FX reserves carried out by the IMF.
Daily FX Wrap and Strategy
Month-end buying and a partial recovery in risk appetite lifted the NZD to the top of the G10 performance rankings overnight.
Daily FX Update
SURPRISINGLY NARROW RANGES DESPITE US RISK * USD—acrimony in DC fails to drive safe-haven gains in USD.
The Global Macro Pulse
Overnight Price Action The Nikkei gapped 1.5% lower at the open and fell as much as 2.2% before recovering slightly to 1.7%,
GBP/USD Technical Analysis
(1,6155) The CABLE confirmed a strong closing on Friday while however remaining interior the inside day with 1,6175 – 1,5890 still the levels to follow.
UBS Morning Adviser
Down To The Wire The political scene in Italy was worryingly active over the weekend.
FX Comment: Show Time
US government shutdown? No way, if it threatens the release of payrolls. Debt ceiling? Matters no more than the context.
Daily FX Update
AUD LIKELY TO WEAKEN INTO OCTOBER 1 RBA MEETING * USD is mixed; with the majors & gold outperforming and FX associated with the smaller open economies all underperforming.
FX G10 Morning Trader Views
EUR – Still happy to play long eur against 1.3450 with a stop at 1.3420 for now – we seem to be range playing as we go into month end
FX Daily Majors
Today’s highlights: * USDJPY has found buying ahead of trendline and chart support at 97.78/50 and we look for rebound from here.
FX Daily Strategist: Europe
Sell Cable On Thursday we recommended selling GBPUSD, targeting a move down to 1.5330 with a stop set at 1.6310.
The Global Macro Pulse
Overnight Price Action Asian shares rose, albeit o nly marginally following S&P gains overnight.