Tag Archives: Gold
FX Daily
We see further improvement in ISM manufacturing for April as jobless claimsand regional surveys point to a decent rebound in activity going into Q2.
Daily Technical Report
EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. Despite yesterday’sweakness, the short-term technical structure ispositive as long as the support at 1.3780(09/04/2014 low) holds.
FX Daily
The FOMC meeting tonight should provide few surprises as the Fed tapersanother USD10bn of asset purchases.
Daily Technical Report
EUR/USD’s decline from 1.3906 (11/04/2014high) has stopped around the 50% retracementmeasured from the low at 1.3673 (04/04/2014).
FX Daily
In the euro-area a number of interesting data are due for release. Germany releasesCPI for April, starting with the first Länder CPI at 09:00 CET (Saxony).
Daily Technical Report
EUR/USD’s decline from 1.3906 (11/04/2014high) has stopped around the 50% retracementmeasured from the low at 1.3673 (04/04/2014). As a result, the short-term technical structure ispositive as long as the support at
FX Daily
We get a quiet start to a very busy week. Only release of interest today is the USpending home sales for March, which normally leads existing home sales by one totwo months.
Weekly Economic & Financial Commentary
U.S. Review No Signs Yet of Spring in the Housing Market · Data on home sales released this week show that the housing market continues to
Weekly Report
Mid-term carry unwind Currently conditions are right for carry trades. Yet given the return profile of carry trades,
Daily Technical Report
EUR/USD has further recovered off supportat 1.3780. However, bullish rally is weak. Neartermsupport is located at 1.3785 (22/04/2014low, see also the low of the rising channel).
FX Daily
Today’s calendar is fairly light in terms of data releases. In the US University ofMichigan consumer confidence for April is due for release. We expect it to havedeclined to 78.5 from 80.0 in March,
Daily Technical Report
EUR/USD bounced yesterday near the supportat 1.3780. However, bullish rally is weak. Anhourly support is at 1.3785 (22/04/2014 low, seealso the low of the rising channel).