Tag Archives: GBP/USD
Sell cable. USD/SEK & USD/NOK soon higher again
EUR/USD: The bearish signs pointed at yesterday led to nothing more than a temporary setback to 1.3166 and
UBS Morning Adviser
JPY: Policy Gaining Traction? Japan’s inflation rose sharply in June according to data released overnight.
Daily FX Wrap and Strategy
The NZD has performed head and shoulders above its peers over the past 24-hours. The NZD/USD sits around 0.8090 this morning.
FX Daily Strategist: US
UK GDP suggests abstaining from fresh GBP shorts ahead of Aug 1 BoE This morning’s UK release plays to our view to be strategically short GBP,
Daily FX Update
RBNZ TURNS HAWKISH, TALKS OF STIMULUS REMOVAL • USD — mixed, as NZD, JPY, CAD and AUD rise; others are weak.
US Morning Update
Major overnight headlines: • Core sovereign rates generally fall after German & UK data fail to come in significantly better-than-expected
UK GDP growth gained in momentum
GDP growth accelerated in Q2 2013 (to +0.6% q/q, after +0.3% q/q in Q1 2013). On a year-on-year basis, GDP increased by 1.4%.
FX Daily Majors
Today’s highlights: • AUDUSD stages an aggressive bearish “outside” day reversal, keeping immediate risks to the downside.
Euro‑zone economy is emerging from recession…
The Eurozone flash composite PMI jumped a greater than expected 1.7 points to 50.4 in July.
$ correction ending(?), OIL sinking, Scandies turn up
EUR/USD: Yesterday’s price action with yet another correctional high and another failure to attract any follow through buying is clearly a bearish sign.
FX Daily
Market movers today • We expect German IFO expectations to improve, adding to the recent positive sentiment in the euro area.
GBP/USD Technical Analysis
(1,5340) The CABLE confirmed a weak closing last night below the low of the previous session. Only a daily closing tonight below 1,5289 will confirm a top supporting lower levels!