Tag Archives: USD/CAD
Weaker yen with higher US bond yields
EUR/USD: Nothing much is cooking after ECB over boiled the kettle lastweek. The near-term “Triangle” is normally a continuationpattern and
UBS Morning Adviser
NZD Outlook Tied To Property The New Zealand housing market is still booming, despite the introduction of property cooling measures on Oct. 1.
US Morning Update
Major Overnight Headlines Norwegian underlying CPI rises 1.9% YoY in October, versus 1.8% rise expected
FX Quant and Positioning Weekly
Spec’s cut excessive bullish EUR position by more than half * Speculators slashed their previously excessively bullish EUR position by more than half.
FX Daily Majors
Today’s highlights: * EURUSD maintains its break of key support at 1.3464/21, and we stay bearish for 1.3220 initially.
Daily Technical Report
EUR/USD failed last Friday to move below therecent low at 1.3296 (see also the 50%retracement), increasing the odds of a shorttermbounce.
Corporate Hedging Monthly – Monitor
The corporate hedging monitor is slightly less bullish EUR/USD than two months ago as a result of the EUR being less undervalued on a FEER basis.
UBS Morning Adviser
EURUSD has now dropped five big figures in less than two weeks, drivenmainly by fears of a more robust ECB response if inflationary pressures are notrekindled.
FX Viewpoint: USD bulls awake
“I think I will abstain from judging the markets. This is one of the hardest things to do and it is usually quite useless because they do what they want, no matter what.”
Weekly Economic & Financial Commentary
U.S. Review: What Government Shutdown? · Nonfarm payrolls surprised to the upside as the federal government shutdown did little to deter private-sector employers from hiring more workers.
FX Daily Majors
Today’s highlights: * EURUSD breaks key price, trendline and 38.2% retracement support at 1.3464/21 to mark a better top, for 1.3220 initially.
UBS Morning Adviser
There’s a USD in EURUSD Ex-post, the ECB clearly ‘delivered’. EURUSD ended European trading on Thursday materially lower than levels after the CPI reading last week.