Tag Archives: GBP/USD
UBS Morning Adviser
SARB’s purchase of Korean sovereign bonds signal another positive for won Yesterday officials at South Korea’s Financial Supervisory Service announced
Daily Market Technicals
Oscillation around the 21-DMA continues with spikes towards the 200-DMA lacking follow through. The $1.3670-77 region remains key resistance with
GBP/USD Analysis
The pair closed in NY Monday at $1.7026 after rate had been pressed back from earlier session highs of $1.7051 to $1.7002.
GBP/USD hourly– Only a decisive break above 1.7050 would eliminate the setback risk
• The market is still struggling with key-pivotal resistance 1.7044/49 (2009 high/2005 low) which needs to
Daily FX Update
Markets are mixed reacting to China’s HSBC manufacturing PMI release of a seven-month high of 50.8 juxtaposed against a softer than expected Eurozone PMI release and rising oil prices.
FX Daily Majors
Today’s highlights: USDCAD continues to fall sharply after completing a bearish continuation pattern and
UBS Morning Adviser
Headline CPI of +2.7% YoY shows inflation still elevated after MAS cut forecast Singapore May headline CPI released today showed ongoing upward pressure in all major areas except for clothing and communication,
Daily Market Technicals
EUR/USD continues to chop around the 21-DMA with spikes towards the 200-DMA so far lacking follow through.
GBP/USD Analysis
The pair closed in NY Friday at $1.7013 after rate had seen extended recovery highs of $1.7061 (Thu Jun19 high $1.7064) before rate squeezed back to $1.7003 on end of week profit take covering.
Daily FX Wrap and Strategy
The NZD slipped 0.2% against the USD on Friday, in whatwas an extremely quiet session for markets. NZD/USDclosed just below 0.8700.
Weekly Economic & Financial Commentary
U.S. Review Inflationary Pressures Mounting, But Fed Holds Tight
GBP/USD hourly– Only a decisive break above 1.7050 would eliminate the setback risk
• The market is still struggling with key-pivotal resistance 1.7044/49 (2009 high/2005 low) which needs to