Tag Archives: GBP/USD

FX Daily Strategist: Europe

ZEW may improve but this is not a buy signal for the EUR Overnight, the USD has continued to remain bid with US yields moving higher.

The Global Macro Pulse

JPY weakness has raised the Nikkei 1.7%, S&P futures are up 0.1%, the HSI has risen 0.6%, and the Kospi has rallied 1.0%. Shanghai is essentially flat.

FX Daily Majors

Today’s highlights: • USDJPY above 96.98/97.00 sets a small base in the “triangular” range for 98.16,

GBP/USD Technical Analysis

(1,5476) The CABLE confirmed a weak closing below the lows of the previous few sessions as well as below the 200 days channel suggesting further downside pressure!

Daily Market Technicals

EUR/USD descends from the inside-day while daily studies also slowly decline, however haven’t formed proper sell-signals.

UBS Morning Adviser

Don’t Misread Treasury Outflows Thursday’s release of Treasury International Capital (TIC) data, especially the details on foreign holdings of Treasurys,

FX Daily Strategist: US

Exiting recession in Europe, but not policy stimulus. Fade EURUSD strength. GDP reports on Wednesday will likely confirm that the Eurozone technically exited recession in Q2,

US Morning Update

Major Overnight Headlines • Japan Q2 real GDP (sa) rises 0.6% QoQ versus 0.9% expected; imports, non-res. investment subtract 0.6%

FX Daily Majors

Today’s highlights: • EURUSD spotlight stays on key resistance at 1.3418.

FX Daily Strategist: Europe

Policy divergence should help USD in latter half of the week The USD has softened in recent weeks as the data and policy divergence theme vis-a-vis the rest of the world (RoW)

UBS Morning Adviser

Kuroda Flows Seek Belgian Bonds Belgian and French bonds have been the key beneficiaries of yen outflows since the Bank of Japan unveiled its QQE policy in April.

Daily Market Technicals

EUR/USD left an inside-day the session after hitting a high of $1.3400. Bears may now be taking control and look to retest the former Feb 2013 res line,