Tag Archives: S&P
FX Daily
Market movers today *In the US the House is expected either today or Saturday to vote on a bill that will temporarily increase the
Strong signs of more sek weakness going forward
EUR/USD: The market failed to make the outlined 1.3462 test (andbreak) and instead, after an early and failed attempt tobreak 1.3485, bounced back mid range.
Daily FX Wrap and Strategy
Global markets are in a more optimistic mood this morning as signs of progress slowly emerge in US Congress.But while most ‘risk-sensitive’ assets have received a clear boost,
Sell GBP and CAD. USD/NOK bull flag ready to go
EUR/USD: So far the market is following the textbook step by step.False range breaks (last week ended with an up thrust peakabove 1.3569) have a strong tendency of
FX Daily
Market movers today * President Barack Obama has scheduled meetings with House Republicans in a first sign of easing the logjam.
JPY, CAD, SEK & EM (ZAR & TRY weakness)
EUR/USD: There is a near-term tilt to the downside which would grow in strength on a move below 1.3538. But so far sellers lack the impetus to exit lower in line with the most recent benchmark candle.
FX Daily
Market movers today * In the US an agreement on increasing the debt ceiling does not appear to be imminent.
FX Daily
Market movers today * Focus in the market will continue to be on political developments in the US although a decisive breakthrough in the political wrangling does not appear to be imminent.
Markets look contained in the wake of the U.S. budget stalemate
EUR/USD: Action was lukewarm, at best, yesterday. But with the market staying below Fri’s mid-body point of 1.3590there is a near-term downside tilt.
Bearish signs for €/$ and £. NOK/SEK higher
Some very interesting developments took place Friday creating possible turnaround patterns in EUR/USD, CABLE, EURGBP, NOKSEK.
FX Daily
Market movers today * Focus continues to be on negotiations about a temporary funding bill for the 2014 budget-year and raising the debt ceiling before 17 October.
$ at or close to crucial levels, NOK/SEK reaction signs
EUR/USD: Even though we continued higher yesterday there are some signs of weakness below the surface (like hourly divergences, a completed or soon completed five wave rise from Sep 6 and more).