Tag Archives: GBP/USD
Daily FX Update
NONFARM TO PROVE HIGHLIGHT; EVENT RISK IS LARGE • USD is quiet leading into today’s FOMC & GDP.
FX Daily Majors
Today’s highlights: • GBPUSD’s break beneath 1.5264/51 set a top for 1.5105, then 1.5051/24.
August is the time to re-build USD longs
Our positive dollar view has been driven by two factors over the course of the year. First, the re-pricing of the Fed.
GBP/USD Technical Analysis
(1,5226) The CABLE confirmed another weak closing even below the support of the positive outside day at 1,5250 supporting further weakness.
GBP & SEK both look weak & possibly CAD too
EUR/USD: Yesterday’s attempt above a recent 1.3296 high failed. The session close back down at opening levels has left a potentially bearish candle to consider.
UBS Morning Adviser
HIA Hope (Yet Again) Tuesday’s late dollar rally during the London session served as a reminder of the power of the HIA II (Homeland Investment Act) story.
Daily FX Wrap and Strategy
After sliding lower in Asia yesterday, weak commodity prices and a firmer USD have kicked the NZD/USD even lower overnight.
US Morning Update
Major overnight headlines: • RBA’s Stevens says “would not be surprised” to see AUD lower as PBoC adds liquidity via money markets
Daily FX Update
RISING RISK OF RBA RATE CUT WEIGHS ON AUD • USD is quiet leading into this week’s event risk of FED, ECB, BoE, China’s PMI & US payrolls.
Daily Market Technicals
EUR/USD – Focus remains on the upside after break above $1.3261, with attention on yearly resistance line, which is today valued at $1.3330.
UBS Morning Adviser
The Franc’s Real Erosion This week’s KOF leading indicator will likely reinforce the relatively robust outlook on the Swiss economy.
US Morning Update
Major overnight headlines: • Chinese Finance Minister says will step up efforts to support growth with “targeted measures”, MarketWatch