Tag Archives: USD/CAD
FX Daily Strategist: Europe
Stay short EURUSD through IFO strength The German IFO survey is likely to show further improvement today, with our economists projecting a further increase to 15-month highs of 108.1.
Vol Now compared to the 2006-7 dead zzzzzone
Amazingly after the FOMC last week delivered the equivalent of a 20bp surprise for 10 year Treasury yields, implied vols for the USD versus the majors still slipped across their respective curves.
UBS Morning Adviser
Draghi’s Reminders Speaking before the European Parliament on Monday, ECB President Mario Draghi warned that the ECB was prepared to do more should growth continue to falter.
USD/CAD Technical Analysis
(1,0285) The USD/CAD formed a negative day reversal failing to confirm another strong closing. A daily closing tonight below 1,0273 could already resume the decline.
Daily FX Update
USD LIKELY TO WEAKEN ‐ FISCAL & MONETARY * USD is weak as market focuses on potential US government shutdown;
US Morning Update
Major Overnight Headlines • Euro Area PMIs mixed in September; Euro Area composite still suggests sluggish albeit upward momentum
Daily FX Technical Strategy: EUR/USD braces for new 2013 highs
Following its push through range highs of the summer, EUR/USD is holding onto its recent gains and likely setting up for another leg higher.
UBS Morning Adviser
Bullard Rescues USD (Temporarily) Comments by St. Louis Fed President Bullard on Friday prevented any further dollar weakness overnight.
FX Comment: mouths wide shut
Well, at least Fed is transparent in that they have NO. CLUE. Is “improvement of communication policy” about the quantity of words?.
FX Daily Strategist: US
German Elections: No Negative EUR Catalyst this weekend, but we remain bearish heading into Q4 Focus in Europe turns to politics as we approach German elections this coming Sunday.
Daily FX Update
USD TO BE DRIVEN IN NEAR‐TERM BY DATA AND FED * USD is relatively stable leading into the weekend.
US Morning Update
Major Overnight Headlines • RBI unexpectedly boosts repo rate by 25bps to 7.50%; lowers marginal lending rate by 75bps