Tag Archives: S&P
Daily FX Wrap and Strategy
The NZD/USD is once again paying for the US’s sins with a collapse in the USD propelling the NZD/USD to fresh 5-month highs above 0.8520 overnight.
So everybody (or nobody) is happy in Washington – Now what?
EUR/USD: With the happy “ending” in Washington one would think thepair should trade lower by now, but it seems players are alldressed up but got nowhere to go…
Another USD/JPY upside attempt in the making. SEK looks weak again.
EUR/USD: Another downside rejection (on failed fiscal impasse talks) wasadded yesterday. A 21day regression still points higher (notshown) as does the 21day high/low average.
FX Daily
Market movers today * We have a nervous day ahead of us with the ‘soft’ deadline for raising the debt ceiling set to be midnight in the US.
Daily FX Wrap and Strategy
The NZD/USD has traded a steady path over the past 24-hours to sit at a similar level this morning, just above 0.8360.
US Morning Update
Major Overnight Headlines • Senate leaders ‘close in’ on deal to reopen US govt. until January, raise ceiling until early February, FT
FX Daily
Market movers today * It now looks as if there will be a bi-partisan deal later today in the US Senate,
AUD is bid and GBP & JPY are offered in low volatility markets
EUR/USD: Intraday attempts higher within the range of late keep beingresponded to. Yesterday was no exception. Outside recent1.3485\1.3607 spikes is required to make any kind ofdirectional assumptions.
FX Daily
* The main market driver continues to be the US debt ceiling talks, which are likely to continue to create market volatility until a deal is struck.
Another congestion day. Weaker JPY.
EUR/USD: Last week became the second week in a row that the marketspiked above 1.3569 hence repeating the weekly up-thrusttop pattern.
Daily FX Wrap and Strategy
The NZD/USD inched a little higher on Friday night, but remains within the tight range it has traded for the past fortnight or so. It ended the week at 0.8320.