Tag Archives: Gold
FX Daily
After the significant easing steps in June we expect ECB to largely repeat themessage from the June meeting at today’s meeting.
Daily Technical Report
EUR/USD has broken to the upside out of itshorizontal range defined by 1.3503 and 1.3677.The short-term bullish momentum is intact aslong as the hourly support at 1.3651 (previousresistance) holds.
FX Daily
A relatively light data calendar. The most interesting release is the ADP privateemployment report in the US that will
Daily Technical Report
EUR/USD has broken to upside out of itshorizontal range defined by 1.3503 and 1.3677. The short-term bullish momentum is intact aslong as the hourly support at 1.3651 (previousresistance) holds.
FX Daily
While ISM manufacturing has recovered a lot from the winter lows, we believe it canimprove a bit further in the short term before moderating in Q3.
Daily Technical Report
EUR/USD continues to move towards the highof its horizontal range defined by 1.3503 and1.3677. Monitor the test of the hourly resistanceat 1.3644/1.3651.
FX Daily
We expect today’s euro-area inflation to increase to 0.7% y/y (from 0.5% y/y in May)from an initial forecast of just 0.5% y/y on the back of the higher-than-expectedGerman inflation numbers released on Friday.
Weekly CFTC Trader Positioning Data
• Traders are active in the most liquid currencies; with the largest positions reported as shorts in EUR ($10bn) and JPY ($9bn) and the net long GBP ($5bn) and AUD positions ($3bn);
Daily Technical Report
EUR/USD continues to move within thehorizontal range defined by 1.3503 and 1.3677.Yesterday weakness was met with buyinginterest.
FX Daily
In the euro area German and Spanish HICP will give the first set of information aboutinflation in June.
Daily Technical Report
EUR/USD continues to grind higher within thehorizontal range defined by 1.3503 and 1.3677.Monitor the test of the hourly resistance at1.3644.