Tag Archives: USD/CAD
US Morning Update
Major Overnight Headlines UK services PMI (October) rises to 62.5 from 60.3, beating consensus median
Softer commodities and commodity currencies (AUD, CAD & NOK)
EUR/USD: We got the small bounce we were looking for all right, nowthe stage is set for sellers to reenter ahead of 1.3535. If theydo and they close the market low,
UBS Morning Adviser
ECB Over-positioned? The euro’s limited rebound on Monday suggests that markets are squarely behind expectations for a material ECB policy signal.
Daily FX Update
USD LIKELY TO END WEEK ON STRONGER NOTE * USD is broadly weaker; retracing broad strength on the hawkish Fed Fisher. We expect it to rally before week’s end.
US Morning Update
Major Overnight Headlines Euro Area October (final) manufacturing PMIs mixed; pan-Euro Area PMI at 51.3 in-line
FX Daily Majors
Today’s highlights: * EURUSD has extended its collapse to pivotal support at 1.3473/21, which we look to hold for now. Failure would mark a more important top.
UBS Morning Adviser
AUD: Immediate Outlook Benign RBA Governor Stevens made full use of last week’s speech to talk down the Australian dollar,
FX Viewpoint: give EUR a break!
Deflation! Japan! Doom! – the headlines last week when the euro area inflation fell below 1%. Mind you, this is not the euro area specific issue: disinflation is what has held Fed from tapering too.
Weekly Economic & Financial Commentary
U.S. Review Economic Data Releases Largely Weaker than Expected
Daily FX Update
EUR WEAK AS ECB LIKELY TO TURN MORE DOVISH * USD is mixed; as EUR collapses & growth sensitive FX outperform.
US Morning Update
Major Overnight Headlines European Oct. manufacturing PMIs mixed; UK, Denmark, and Sweden miss, Norway beats, Greece still sub-50
FX Daily Majors
Today’s highlights: * EURUSD has suffered a sharp collapse, and we look for weakness to extend to key support at 1.3473/21.