Tag Archives: GBP/USD
Daily FX Technical Strategy: Escape routes for the USD Index
Ahead of FOMC, the market has recently cleared bullish USD risk on several crosses and the USD Index is now back on multi-month range lows.
FX Daily Majors
Today’s highlights: – NZDUSD’s extension through .8164/83 reinforces a base for .8297.
The Global Macro Pulse
Overnight Price Action The Nikkei has rallied 2.1% and S&P futures are up slightly, but most other Asian equity markets are down slightly.
Daily Market Technicals
EUR/USD failed to test Sept 16 high to leave an inside-day, the lower high could be the start of a reversal in sentiment while studies are overbought.
UBS Morning Adviser
Conditioning Expectations Expectations for what and how the Fed can deliver its tapering decision are maturing.
GBP/USD Technical Analysis
(1,5907) The CABLE confirmed a session of consolidation interior the previous day’s range forming a new inside day with 1,5975 – 1,5840 the levels to follow in the coming hours.
FX Daily Strategist: US
Stay long USD heading into FOMC meeting The July Treasury TIC portfolio flow data on Tuesday will be of some interest as we await the FOMC on Wednesday.
US Morning Update
Major Overnight Headlines • UK headline YoY CPI at 2.7% in August (in-line) as transport and clothing costs weigh; core unchanged at 2.0%
FX Daily Majors
Today’s highlights: – EURGBP maintains a top beneath .8398 and we stay bearish for .8285 next, then .8165/55.
Downside hesitation in many dollar-crosses
EUR/USD: A late topside rejection yesterday shows topside hesitation. The relatively low session close may spill into sentiment today and trigger a 1.3275-1.3255 re-test.
UBS Morning Adviser
Seeking Fed Fades The past 48 hours of news-flow from the US have suddenly cast Fed expectations in a new light.
GBP/USD Technical Analysis
(1,5907) The CABLE confirmed another strong closing above Friday’s top supporting further strength and suggesting a possible 1,60 overshooting where we expect the pound to find