Tag Archives: USD/CAD
UBS Morning Adviser
Payrolls Safety Sought The steady stream of positioning adjustments throughout the week, exacerbated by the mid-week revision in payrolls expectations and
Daily FX Update
FX Market Update—The ECB, BoE and Norges Bank left rates on hold; the risk for EUR is upcoming at 8:30am EST with the press conference,
Daily Technical Report
EUR/USD’s rise is still viewed as a short-termrebound. However, the resistance at 1.3622 hasbeen breached, indicating a persistent shorttermbuying interest.
FX Daily Majors
Today’s highlights: * USDCAD’s extension above 1.0658/81 leaves us still bullish for our core target at 1.0802/54.
The Global Macro Pulse
AUDUSD has edged slightly higher, to 0.9045, after falling sharply in New York. In contrast, EURUSD is flat at 1.3585 and the yen has held some of its overnight gains to trade at 102.31 vs. the USD.
UBS Morning Adviser
If You Must Sell GBP The BoE decision on Thursday will probably be a non event as the BoE has already played several ‘tightening’ cards over the past month with the quarterly inflation report and FLS tweaks;
FX Month in Review – November
* The JPY was the weakest currency monitored in the November Month in Review, declining 4.2% on a TWI basis.
Daily FX Update
FX Market Update ‐ Markets are firming into the open as traders lookout to ADP employment (expected to rise 170k), trade balance,
Daily Technical Report
EUR/USD’s rise is still viewed as a short-termrebound. Yesterday’s strength has not been ableto move higher than the resistance at 1.3622,posting a potential lower high.
Cable still looks toppish. USD/JPY could correct lower. SEK comeback surprises.
EUR/USD: The U-turn wasn’t our first bet yesterday. We chose toneglect support at the 8day “Tenkan-Sen” as we thought thecandle formation should take precedence.
UBS Morning Adviser
Norges Conundrum As our economists put it, the RBA’s decision this week was ‘boring’, and they may not be the only central bank in this category this week.
Daily FX Wrap and Strategy
The NZD/USD has strengthened over the past 24-hours to sit just below 0.8260 currently. Yesterday’s ANZ commodity price index showed that NZ commodity prices remain elevated.