Tag Archives: GBP/USD
Daily FX Volume and Technical Strategy: EUR/JPY uptrend put to the test
As we approach month end, USD/JPY is trading near the same levels of two months ago; such a range-bound environment is likely to persist into August.
FX G10/EM Morning Trader Views
EUR – Big week for fx this week with all the CB meetings and payrols data, as well as month end
FX Daily Strategist: Europe
GBP: Wait for next week’s Inflation Report for key MPC news This Thursday’s BoE meeting is likely to be a balanced affair as BNP Paribas economics is expecting little change to the policy stance.
GBP/USD Technical Analysis
(1,5385) The CABLE is still confirming further consolidation interior the positive outside day with 1,5450 – 1,5250 still the levels to follow in the coming hours/ session.
UBS Morning Adviser
AUD: The Governor Speaks On Tuesday, RBA Governor Stevens is due to deliver his final public address before the next RBA policy decision.
Next Week’s Data and Events
Nonfarm payrolls should post another solid increase in July (185K). Private payrolls should match our headline estimate,
Daily FX Update
JPY OUTPERFORMS, JAPAN CPI BEATS EXPECTATIONS • USD — relatively unchanged vs most with exception of JPY, AUD.
FX Daily Majors
Today’s highlights: • AUDUSD remains in a choppy range, but only above .9346 would see a base.
FX Daily Strategist: Europe
Japan’s CPI report hints at path from deflation Japan’s June core CPI rose 0.4% y/y, the first positive reading in 14 months.
German IFO improves modestly in July
The German IFO survey improved modestly in July. The headline business climate index rose to 106.2 from 105.9,
Daily Market Technicals
EUR/USD break above $1.3261, move puts focus on long-term resistance line from May 2011, which is today valued at $1.3372.
GBP/USD Technical Analysis
(1,5390) The CABLE confirmed already a 1,54 overshooting but only after having taken out our stop with a small undershooting toward 1,5264.