Tag Archives: GBP/USD
The Global Macro Pulse
AUDUSD rallied to 0.9432 in response to higher-than-expected trimmed mean inflation in Q2. USDJPY drifted off of its overnight highs to trade at 101.41.
Daily Market Technicals
Fresh 2014 and 8 month lows continued for the EUR/USD this morning with immediate focus having shifted to the $1.3400-21 region
GBP/USD Analysis
The pair closed in NY Tuesday at $1.7063 after recovering off a NY low of $1.7042, extending the move, post London fix, to $1.7067.
Daily FX Update
Equities have firmed, the US 10‐year appears comfortable close to 2.5% while the USD is mixed.
FX Daily Majors
Today’s highlights: EURUSD spotlight stays on the key 1.3477 low. Capitulation below here remains needed to confirm a large bear “wedge”.
Daily Technical Report
EUR/USD made an intraday bullish reversalnear the key support at 1.3503 (see also thelong-term rising trendline from the July 2012low) on Friday.
The Global Macro Pulse
USDJPY has risen to 101.47, but the dollar failed to sustain an attempt to rally against the AUD and EUR.
Daily Market Technicals
Bulls take a little comfort in support having developed at $1.3513 Monday but layers of resistance remain $1.3549-87.
GBP/USD Analysis
The pair closed in NY Monday at $1.7076 after rate had seen extended lows of $1.7056 post London fix,
Daily FX Wrap and Strategy
The NZD/USD sits little changed, at 0.8690, this morning,having traded toward 0.8720 early last evening.
Daily FX Update
A cautious but calm start to week with soft equities, U.S. 10yr yields at 2.48%, and a rise in the USD.
FX Daily Majors
Today’s highlights: URUSD needs to remove the 1.3477 low for the year to confirm a large bear “wedge”.