Tag Archives: S&P
High AUD/USD reaction risk. EUR/NOK & EUR/SEK higher
EUR/USD: There is both attraction and resistance in the 1.3300-1.3350 area and it seems by price action of late that it will be tested.
FX Daily
Market movers today • ECB’s Executive Board member Jörg Asmussen and Bundesbank President Jens Weidmann testify at Germany’s Federal Constitutional Court in Karlsruhe on ECB’s OMT programme today and
AUD & NZD gapping lower. SEK & NOK seen sliding
EUR/USD: Encouraging signs of possible peak, but as long as holding above the mid body point of Thursday’s candle, 1.3170,
FX Daily
Market movers today • Euro area Sentix investor confidence will give a first impression of market sentiment in June.
Weekly Focus: Europe delivers the good news
Market movers ahead • We believe US retail sales advanced at a decent pace in May. Furthermore, we look for a marginal increase in the University of Michigan survey.
More JPY strength, higher €/scandies
EUR/USD: The minor “up-thrust” didn’t play out as expected, on the contrary an impulsive rise took place pushing the pair through most of the resistances.
FX Daily
Market movers today • The main market mover today will be the labour market report in the US. We have scaled down our forecast for non-farm payrolls from
FX Daily
Market movers today • The likelihood of a cut in either the refi rate or the deposit rate in connection with today’s ECB meeting is, in our view,
EUR/SEK could push into fresh highs & USD/JPY into fresh lows
EUR/USD: The pair was yesterday allowed to slip through a micro-term “Double-top” with a mere 10pips, before closing back in range.
Downside pressure in USD/JPY
EUR/USD: The market is still in a short-term climb with only shallow reactions mustered on attempts above 1.31.
AUD/USD could correctively test >0.98
EUR/USD: Near-term price action is more bullish than bearish but short-term tools are mostly neutral after the best fit bearish wave count was overruled Fri (>1.3033).
FX Daily
Market movers today • We will continue to scrutinise Fed speeches for signs of an imminent scale down of Fed’s asset purchases.