Tag Archives: USD/CAD

Daily FX Update

USD WEAKENS INTO FOMC MINUTES & BERNANKE • USD is weak leading into the FOMC minutes (2pm EST) & Bernanke at 4:10pm EST)

US Morning Update

Major overnight headlines: • European industrial production data mixed in May;

The US Dollar Bull Market Has Begun

While the Fed has judged the US economy to be sufficiently robust to withstand an increase in interest rates, in many ways the US stands alone,

FX G10/EM Morning Trader Views

EURUSD – Early short covering in the morning yesterday saw some heavy volume at 1.2880/1.2898 area but it was telling that we never went higher and

USD/CAD Technical Analysis

(1,0523) The USD/CAD confirmed a further session of consolidation interior the inside day with 1,0630 – 1,0495 still the levels to follow in the coming hours.

UBS Morning Adviser

Balance Sheets Matter ECB Executive Board Member Joerg Asmussen turned the screw on the euro on Tuesday by initially stressing that forward guidance by the ECB goes ‘beyond 12 months’.

Daily FX Update

QUIET MARKETS; USDJPY LOOKS POISED FOR UPSIDE • USD is quiet and mixed, with limited data today, expect quiet session.

Daily FX Volume and Technical Strategy: Three triggers for USD strength

The lower close in US 10yr yields left a momentum warning suggesting a period of consolidation.

FX G10/EM Morning Trader Views

EURUSD – Squeezed yest as few shorts covered after the hold above 1.2800 and seeing further covering today on ldn open as we open above 1.2880 resistance

USD/CAD Technical Analysis

(1,0582) The USD/CAD confirmed a session of consolidation forming a new inside day with 1,0630 – 1,0495 the levels to follow in the coming hours.

UBS Morning Adviser

Summer Precautions Necessary If the UBS FX Flow Report’s volume figures for last week are anything to go by, most investors have left for the summer.

Daily FX Update

USD IS POISED FOR STRENGTH INTO YEAR‐END • USD is weak as market consolidates.