Tag Archives: GBP/USD
Daily FX Wrap and Strategy
A weak fight back in the USD knocked the NZD/USD off yesterday’s 0.8430 post GDP/FOMC highs. However, at 0.8370, it remains almost 2½ cents above where it started the week.
Daily FX Update
USD BULL STORY SHIFTS TO MORE BEARISH * USD is weak as Fed’s decision not to taper & a challenged communication style proves USD negative. These are major shifts for FX markets.
FX Daily Majors
Today’s highlights: * EURUSD’s break above the range highs at 1.3418/52 opens up a move to 1.3597/98, through which would aim at the February peak at 1.3711.
The Global Macro Pulse
Overnight Price Action Unsurprisingly, most Asian equity markets are up in the wake of the Fed shock. The Nikkei has risen 1.5%, the HSI is up 1.7%,
GBP/USD Technical Analysis
(1,6130) The CABLE confirmed a strong closing extending the move up well above 1,61 already last night. The European market is running 150 pips gap up that we expect to be closed somehow.
UBS Morning Adviser
A Very Dovish Fed The surprise decision by the Federal Reserve to delay tapering its current round of quantitative easing is a major setback to our longer-term bullish dollar view.
Daily Market Technicals
EUR/USD spikes massively higher to stretch studies further into overbought territory, bulls now trade above daily Bollinger band after hitting a high of $1.3542 yesterday, now initial res.
Daily FX Wrap and Strategy
The NZD traded sideways ahead of the US FOMC announcement early this morning. It then gapped from 0.8240 to above 0.8300. It now sits around 0.8350.
FX Daily Strategist: US
Long risk currencies into the Fed The FOMC meeting this evening concludes with the statement release and
Daily FX Update
TAPERING, THRESHOLDS, FORECASTS & TONE * USD is mixed as markets await the Fed announcement.
BOE Minutes: A unanimous MPC
Policy decision: The MPC voted unanimously to leave the Bank rate at 0.5% and the target for the asset purchases unchanged at GBP 375bn and
FX Daily Strategist: Europe
FOMC Meeting in focus: favour long positioning in AUDJPY The long-awaited September FOMC meeting finally arrives today.