Tag Archives: S&P
FX Daily
Market movers today • Fed fears and Chinese growth concerns will be at the top of the agenda in the European trade today.
FX Daily
Market movers today • FOMC meeting: In addition to the normal statement, the Fed will publish FOMC members’ projections for growth and the Fed funds rate,
Lower NOK/SEK and EUR/USD soon lower helped by GBP/USD
EUR/USD: The violated bullish “Triangle” targets 1.3475 – right where the current short-term overstretch would kick in.
FX Daily
Market movers today • US housing starts and permits. Following the strong rise in the NAHB housing index yesterday it seems the somewhat softer housing activity data are behind us.
Weaker NOK. USD in the latter stage of the correction lower
EUR/USD: A near-term “Triangle” is developing and it is most likely a final consolidation in the short-term uptrend.
FX Daily
Market movers today • Interesting week, with FOMC meeting Wednesday and Flash PMI in China and the euro area on Thursday.
A peaking €? NOKSEK liked lower. Bond bullish signs
EUR/USD: The top building process continued also Friday with a lower high printed. However as we still 1) remain on top of the flag ceiling and
JPY reaction losing steam, AUD => correction target
EUR/USD: Even though we turned just a whisker away from 1.3392 and furthermore broke 1.3315 the market was unable to maintain the decline through the 1.3265 key support.
More JPY strength, wobbly equities & firm bonds
EUR/USD: All boxes for a downside turn have now been checked except the most important one, falling prices.
FX Daily
Market movers today • We expect a decent US retail sales report for May. Growth in headline retail sales is expected to come out at 0.2% and
USD/JPY should extend losses. EUR/NOK trades higher.
EUR/USD: The short-term bullish drive is still on. The high session close yesterday shows prevailing demand and the 1.3340\60 reference area works both as attraction and
FX Daily
Market movers today • Euro area industrial production in April is expected to surprise on the upside and provide another signal that things are getting better.