Tag Archives: GBP/USD

Daily FX Wrap and Strategy

The NZD has consolidated over the past 24-hours, to sit at0.7790 this morning.

Daily FX Update

The USD rally continues as EUR breaks towards 1.2600 and the DXY index breaks up to a four‐year high and above 86.00.

Daily Technical Report

EUR/USD has broken the strong support at1.2755 and is now testing the other one at1.2662.

FX forecast: in USD we trust

Both the speed and the size of the move in the USD have surprised us over the past month.

EUR/USD correction needed. USD/JPY bid while over 109

EUR/USD over 1.2715\25 would target at least 1.2656\65, but not if losing 1.2678 again…

GBP/USD Analysis

The pair closed in NY Monday at $1.6241 after rate had managed to recover off its European morning lows

Daily Market Technicals

The Bollinger band base appears to be limiting downside follow through but bears remain firmly in control as the EUR/USD hovers precariously above the Nov 2012 monthly low.

Near-Term NZD Outlook Nudged Lower On RBNZ Scorn

Last week, the market was blindsided by a surprise statement from RBNZ Governor Wheeler,

Daily FX Update

Rising concerns on global growth, driven by the Geneva Report, combined with the RBNZ’s confirmation that they have

FX Daily Majors

Today’s highlights: AUDUSD weakness has extended to retest our .8674/58 target

Daily Technical Report

EUR/USD has broken the strong support at1.2755 and is now challenging the one at 1.2662.

How you can stop worrying and learn to love disinflation

Disinflation is topic de jour for investors, but the transmission mechanism tocurrencies is poorly understood.