Tag Archives: USD/CAD
Daily FX Update
FINANCIAL CONDITIONS IN CHINA WEIGH ON AUD & CAD * USD — hammer candle in DXY hints at near term bottom.
US Morning Update
Major Overnight Headlines • BoE’s expands collateral range, cheapens lending terms as reserves averaging remains suspended for now
FX Daily Majors
Today’s highlights: * USDCAD’s upside break through 1.0421/27 sets a better base to test trendline resistance at 1.0500/13 next.
A more profound yen rise?
EUR/USD: ith the close set above 1.3794 no further evidence of apeak was set. The market however responded to the 1.3803resistance by pausing and meandering around it.
UBS Morning Adviser
ECB Tolerance Tests Headlines regarding the upcoming ECB asset quality review and stress tests have started to attract investor attention,
Daily FX Update
CAD UNDERPERFORMS PEERS ON BOC NEUTRAL BIAS * USD — DXY flirting with break of 2013 low.
US Morning Update
Major Overnight Headlines • Euro Area October PMIs generally weaker than in September, halt move to 1.3850 in EUR/USD for now
FX Daily Majors
Today’s highlights: * USDCHF completes a major top below .8931, for .8862 initially, then .8568/18.
Global growth outlook unaffected by US political drama
* We have left our global economic growth forecasts unchanged at 2.8% for 2013 and 3.6% for 2014.
UBS Morning Adviser
Let Nordics Run Their Course Having felt conditions were ripe for a CAD rally, we were taught a harsh lesson on Wednesday by the BoC:
Commodities & commodity ccy’s lower. Rix & NB day
EUR/USD: It is unclear whether yesterday’s very marginally (1pip) highmarked the end to the advancing wave from 1.3651 or ifthere’s yet another marginally one left