Tag Archives: GBP/USD
Daily FX Update
MARKET HAS TUNNEL VISION ON FED * USD is broadly but immaterially higher as the Nikkei reports that Larry Summers is likely candidate to be put forward by President Obama.
FX Weekly – If not now, when?
* G10: Next week’s FOMC meeting should catalyze a breakout for G10 FX. We think this will be in favour of the dollar, given improving short term rate differentials and better data.
GBP/USD Technical Analysis
(1,5801) The CABLE formed a small negative day reversal but only a daily closing below 1,5777 will confirm a s/t top suggesting a deeper correction.
Daily FX Volume and Technical Strategy: An early warning for returning USD strength
Despite a ranging environment this quarter, the aggressive bullish move for the USD against the AUD earlier this year remains an important market focus.
Morning FX Market Commentary
Still no clear trend EUR/USD still hovered up and down in the 1.33 area yesterday. USD/JPY lost some ground as core bond yields drifted lower, but this trend halted this morning.
UBS Morning Adviser
Japan Still Selling AUD Japan’s retreat out of Australian dollar assets continues.
Daily Market Technicals
EUR/USD slips back below weekly resistance line from May 2011 and begins to test support seen from Fibonacci levels of move from $1.3105-1.3325.
FX Daily Strategist: US
USD to garner momentum from yield support: we stick with long USDCHF USD weakness remains a notable theme in G10 FX with the greenback’s move lower linked to rising expectations of a “dovish” Fed taper,
Daily Market Technicals
EUR/USD closed above weekly resistance line from Feb 2013 and bulls look to hold above. Initial support at $1.3291 – 21-DMA, just above the weekly res line at $1.3279.
UBS Morning Adviser
AUDNZD Back In Play The AUDNZD downtrend resumed overnight, having stalled somewhat over the past month.
Daily FX Wrap and Strategy
The NZD/USD has continued to creep higher overnight, benefitting from broad USD weakness. It sits around 0.8090 this morning.