Tag Archives: GBP/USD
FX Daily Majors
Today’s highlights: * AUDUSD has extended its setback, but with the 38.2% retracement support at .9286/66 intact our bias is still for move up to .9700/30.
The Global Macro Pulse
Overnight Price Action The USD gained ground against EM FX, but was mixed against the G10. AUDUSD opened at pre-FOMC levels of 0.934,
GBP/USD Technical Analysis
(1,6036) The CABLE confirmed a negative closing on Friday but the weekly one was strong above the top of the previous week. Possible an extension toward 1,6350!
Daily Market Technicals
EUR/USD failed to test Sept 19 high at $1.3569 while dly studies appear to slow – 10-day momentum shows negative divergence.
UBS Morning Adviser
Bullard Rescues USD (Temporarily) Comments by St. Louis Fed President Bullard on Friday prevented any further dollar weakness overnight.
FX Comment: mouths wide shut
Well, at least Fed is transparent in that they have NO. CLUE. Is “improvement of communication policy” about the quantity of words?.
Daily FX Update
USD TO BE DRIVEN IN NEAR‐TERM BY DATA AND FED * USD is relatively stable leading into the weekend.
FX Daily Majors
Today’s highlights: * EURJPY has reinforced its bullish “triangle” continuation pattern above the 133.84 peak,
The Global Macro Pulse
Overnight Price Action The 0.2% dip in the S&P overnight and 0.1% fall in S&P futures in Asia stalled those Asian equity markets that traded today.
Daily Market Technicals
EUR/USD continued to test the upside yesterday to leave another high at $1.3569 – yesterday’s candle forms a spinning-top with a decent upper shadow, adding a little risk lower.
UBS Morning Adviser
Relative Value Comes Of Age The dollar’s trajectory still depends largely on the path of US monetary policy,
GBP/USD Technical Analysis
(1,6045) The CABLE confirmed a negative closing and a small correction after the 1,61 overshooting remaining interior the previous day’s range forming a new inside day