Tag Archives: GBP/USD
UBS Morning Adviser
NZD: Another Piece Falls Into Place Overnight, the RBNZ shifted stance and adopted an unmistakable explicit tightening bias,
Daily FX Update
CAD & EUR OUTPERFORMING • USD — mixed, weak vs CAD & EUR, much stronger vs AUD, JPY.
US Morning Update
Major overnight headlines: • Yields, equity markets rise in tandem forcing the JPY lower in London as European data surprises
Don’t Expect Markets to Take August Off…
FX Rates Could Move Substantially in the “Quiet Period”. After a month of turmoil,
Euro-zone economy still improving gradually, flash PMIs this morning
Main focus in Europe today and also this week will be the flash Eurozone PMIs for July. The composite PMI posted a reading of 48.7 in June, a 15-month high.
Still like selling cable above 1.54, stronger JPY
EUR/USD: Yesterday’s dip down to 1.3164 sent two messages (peak to trough in an hourly chart became a clear three wave corrective pattern and
GBP/USD Technical Analysis
(1,5360) The CABLE confirmed a positive closing after however finding good resistance below the Fibo level at 1,5394.
UBS Morning Adviser
JPY: Time To Get Fiscal The ink is not yet dry on Sunday’s election result, but Japan’s government is already preparing to capitalise on the outcome.
Daily FX Update
NEAR TERM CAD RISK LIES IN RETAIL SALES • USD — broadly flat, having retraced China headline-driven weakness.
US Morning Update
Major overnight headlines: • USD bounces very modestly in London trading as US 10-year yield creeps back above 2.50%, spot gold inches lower
Seeking a cable short. Scandies close to a low point
EUR/USD: The market yesterday, for a short while, rose from its comfort zone to print the sought 1.3209+ high before again returning into the doldrums.