Tag Archives: Gold
FX Daily
The second release of the German Q4 GDP figure is likely to get some attention asthe first release of the underlying components is due.
Daily Technical Report
EUR/USD remains supported by its risingchannel (see also the support at 1.3692). Thebreak of the initial resistance at 1.3728 (intradayhigh) validates a tiny base formation, whichfavours a test of the resistance at 1.3773.
FX Daily
The situation in Ukraine has deteriorated further over the weekend and will likelyattract significant attention today and throughout the week,
Weekly Economic & Financial Commentary
U.S. Review Weather Effects Continue to Influence Economic Data Housing starts plunged 16 percent in January to an 880,000-unit pace. Building permit activity also declined for the month but not as sharply.
Weekly CFTC Trader Positioning Data
The USD is being traded not as a broad US‐centric theme butinstead with the focus on the local domestic stories. Accordingly sentiment is favouring a fairly mixed USD performance.
Daily Technical Report
Trying to bounce near the support at 1.3692. EUR/USD has recently weakened. However, it remains supported by its rising channel
FX Daily
The main data releases are retail sales in the UK and existing home sales in the US.The data released so far suggest a substantial weather impact on the
Daily Technical Report
EUR/USD has broken the key resistance at1.3739, opening the way for a move towards theresistance at 1.3819. Hourly supports can befound at 1.3692 (see also the short-term risingchannel) and
FX Daily
The main focus will be flash estimates for PMI in the euro area starting with Franceand Germany this morning. We expect the euro-area composite PMI to have movedbroadly sideways in February from the solid 54 level in January.
Daily Technical Report
EUR/USD has broken the key resistance at1.3739, opening the way for a move towards theresistance at 1.3819. Hourly supports can befound at 1.3692 (intraday low) and
Technical Alert: Strong euro, weaker dollar, krona (and possibly also the pound)
EUR/USD: Violation above a Jan peak at 1.3740 is a short-term bullishlead. The move is not stretched and is seemingly working itsway through an “Equality point” at market.
FX Daily
In the US the Fed will release minutes from the 28-29 January FOMC meeting.The speeches ahead of the meeting suggest relatively strong consensus on continuingthe tapering course but