Tag Archives: Gold
FX Daily
Focus will be on the US employment report for December and we expect it to be strong. We expect non-farm payrolls to have increased by 205,000 in December mainly driven by
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
FX Daily
The main event is the ECB meeting, where inflation will be top of the agenda again after core inflation reached an all-time low of 0.7% in December.
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
FX Daily
In the euro area we expect retail sales to increase 0.6% m/m in November helped by German retail sales. This is also suggested by survey indicators, which point to higher euro GDP growth in Q4 compared to Q3.
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
FX Daily
In the euro area flash inflation will be released. We have revised our forecast for euro inflation up to 0.7% as the German HICP was not as low as we had expected.
Daily Technical Report
EUR/USD has broken the support at 1.3621.Coupled with the false breakout of the keyresistance area between 1.3811 (11/12/2013high) and 1.3832, a medium-term double-top islikely underway.
FX Daily
Euro PMI services are due for publication. The first release of the Spanish and Italian figures is expected to confirm the stronger growth in the periphery countries.
Daily Technical Report
EUR/USD is currently trading close to the38.2% retrace of the 1.3296 – 1.3893 rise. Scopeis seen for a fresh leg higher from the currentregion to retest the 1.3900 zone.
FX Daily
Market movers today * Euro area money supply data covering November are due for publication.