Tag Archives: GBP/USD
FX Techs
The USD received an extra push yesterday via the publication of positive US fundamental data so that the recent recovery gained momentum across the board.
FX Daily Strategist: Europe
Out of recession, but fade EURUSD gains GDP data today should show that the Euro area as a whole has exited technical recession in Q2.
The Global Macro Pulse
The Nikkei is flat despite the overnight rise in USDJPY in response to higher Treasury yields, and S&P futures are down 0.1%. Most other Asian equity markets are up marginally.
FX Daily Majors
Today’s highlights: • USDCHF stays on course for a test of key resistance at .9380/95, above which is needed to mark a more important base.
Eurozone economy still improving
This morning’s first estimate of Q2 Eurozone GDP is expected to illustrate that the Eurozone economy did emerge from recession in QII after 6 consecutive quarters of contraction.
Daily Market Technicals
EUR/USD leaves a third black candle almost making black crows candle pattern, but yesterday bulls managed to close above 23.6% $1.2755-1.3400,
UBS Morning Adviser
Minutes Minutiae Market participants struggling to reconcile the BoE’s policy views with ‘booming’ data (according to several UK papers) will have the opportunity to
Daily FX Wrap and Strategy
A broad strengthening in the USD shaved around ½ cent off the NZD/USD overnight. Still, at around 0.7960, it remains firmly within the bounds of its recent trading range.
FX Daily Strategist: US
US retail sales breaks the data lull Our economists expect a modest 0.2% rise in today’s July retail sales print after June’s 0.4% gains, and look for sales excluding gasoline,
Daily FX Update
QUIET MARKETS; FX FOCUSED ON BROAD THEMES • USD is relatively quiet except for JPY & CHF; data flow today includes retail sales,
US Morning Update
Major Overnight Headlines • Japan’s Abe considering a corporate tax cut to offset drag create from sales tax hike, Nikkei
Risk appetite still not a major FX driver
Correlations between general risk appetite/equities and currencies have been unusually low for quite some time.