Tag Archives: S&P
SEK & NOK soon set to weaken, again. Monitor €/JPY
EUR/USD: Nothing from yesterday’s price action helping to determine the next move from here. With mixed signals (Thursday = a bearish engulfing candle and
FX Daily
Market movers today • German factory orders are expected to increase after two months of decline.
The Global Macro Pulse
Trading in Asian equities was thin and largely directionless outside Japan. The Nikkei is down 1.0%, reacting to USDJPY edging lower to 98.80 after Friday’s post-payrolls drop.
Next key ref for EUR/SEK at 8.8105 is fully in sight
EUR/USD: Not sure what to make the reaction higher Friday and of the last week’s print. It could be a bullish “Flag”,
FX Daily
Market movers today • Final euro area service PMIs will most likely confirm that the euro area is moving from recession to slow growth.
The dollar is coming out stronger again
EUR/USD: Yesterday’s candle is the most bearish daily print in almost a month. The short-term RSIs are showing loss of upside momentum and downside pressure increase.
FX Daily
Market movers today • ECB will announce the weekly repayment of the 3Y LTRO, which is likely to attract attention as excess liquidity continues to fall towards the EUR200bn mark.
The pound is weak going into BoE today
EUR/USD: A double 1.3207-1.3345 watch seems justified. The market went higher after a deeper test lower yesterday, but is again falling back from a fresh high
FX Daily
Market movers today Today’s ECB meeting will be interesting although a rate cut seems unlikely.
GBP & SEK both look weak & possibly CAD too
EUR/USD: Yesterday’s attempt above a recent 1.3296 high failed. The session close back down at opening levels has left a potentially bearish candle to consider.
FX Daily
Market movers today • All eyes will be on this evening’s FOMC statement. We do not expect any changes in policy but
The yearly AUD/USD low is exposed again
EUR/USD: Action was slow yesterday while tucking in ahead of U.S. data flow later in the week.