Tag Archives: GBP/USD

Correctional moves (weaker dollar) remain in play

EUR/USD: The recent/ongoing move higher has come with two consecutive rather large daily candles. The rolling 21day high/low average aka “Base line” was respected yesterday,

Daily Market Technicals

EUR/USD turns around and brings daily studies higher also, yesterday met resistance around the 21-DMA, now initial resistance at $1.3285.

Daily FX Wrap and Strategy

The NZD/USD moved higher overnight in the backdrop of a weaker USD. It sits at 0.8020 this morning. The NZD/USD was initially a little softer yesterday.

Daily FX Update

NONFARM RAISES RISK; BUT MOST STILL SEE SEPT TAPER – USD is mixed as growth currencies get lift from China’s rising exports.

FX Daily Majors

Today’s highlights: – EURUSD is holding 50% retracement support at 1.3103.

FX G10 Morning Trader Views

EUR – Unchanged to where we left it friday and quiet in asia. There was alot of selling towards the back end of last week with the stronger ISM and

UBS Morning Adviser

AUD: No Cause for Jubilation Despite trading above 0.9200 on Friday, AUDUSD remains at the mercy of incoming data flow which has been decidedly mixed over the past few days,

Daily Market Technicals

EUR/USD rebounded from the 50.0% of $1.2755-1.3452 in the last session to close above 200-DMA and below 55-DMA, initial support and

Daily FX Update

SEPT TAPERING EXPECTATIONS ‐ DRIVEN BY NONFARM – USD is mixed, weak against the growth FX & flat against others.

US Morning Update

Major Overnight Headlines • UK July industrial/manufacturing production in-line-to-weaker than expected; trade deficit widens sharply

FX Daily Majors

Today’s highlights: – USDCHF’s surge above .9395/97 confirms a larger base, turning the trend bullish for .9520/35 next.

The Global Macro Pulse

S&P futures are off slightly after a lacklustre New York trading session. The Nikkei has fallen 1.3%, but the Kospi is up 0.4%,