Tag Archives: USD/CAD
FX Daily Strategist: US
USD still vulnerable to debt ceiling worries The slight firmer tone seen by the dollar on Fridayappears to have been no more than short-covering ahead of the weekend against the risk of positive news on the US political front.
Daily FX Update
USDJPY FALLS TO SIX‐WEEK LOW * USD is mixed; risk havens JPY and CHF are bid; growth sensitive FX are weak as WB cuts China’s growth forecast. Limited US data today.
FX Daily Strategist: Europe
Political stalemate continues – USD still vulnerable to debt ceiling worries The on-going US government shutdown and looming debt ceiling crisis should continue to dominate market focus in the week ahead.
The Global Macro Pulse
Overnight Price Action S&P futures have fallen 0.7% in Asian trading in response to concerns about the US debt ceiling debate.
UBS Morning Adviser
Calm Before The Storm FX markets remain paralysed by uncertainty. Almost three weeks have passed since the Sept 18th FOMC decision and
FX Comment: blind spot
“Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.” – A. Einstein
Daily FX Update
USDCAD INCHES TOWARDS BUY SIGNAL * USD mixed—market is quiet; gov’t shutdown, the absence of payrolls and several Fed speakers is today’s focus.
$ at or close to crucial levels, NOK/SEK reaction signs
EUR/USD: Even though we continued higher yesterday there are some signs of weakness below the surface (like hourly divergences, a completed or soon completed five wave rise from Sep 6 and more).
UBS Morning Adviser
Fade EURGBP Bounce With the absence of breakthroughs or even data in the US, European currencies are now enjoying greater share of the limelight.
USD/CAD Technical Analysis
(1,0325) The USD/CAD is still well bid but it failed to move higher for now and however it still failed to confirm a closing above 1,0340!
Daily FX Update
EUR POISED TO TEST YTD HIGH OF 1.3711 * USD is mixed as US government enters third day of shutdown.
UBS Morning Adviser
Liquidity Now A Hindrance? ECB President Draghi frustrated euro bears on Wednesday by refusing to dwell too much on the issue of shrinking excess liquidity.