Tag Archives: USD/CAD
UBS Morning Adviser
JPY: Home Bias Still Strong Japanese investors were net sellers of foreign bonds again last week. That’s seven weeks in a row now.
Daily FX Update
EUR AT RISK OF FURTHER DOWNSIDE • USD is mixed—markets hit by risk aversion steaming from Egypt, China & Europe.
US Morning Update
Major overnight headlines: • Portuguese Foreign Minister resigns overnight following Finance Minister Gaspar’s earlier decision to quit, Bloomberg
USD/CAD Technical Analysis
(1,0543) The USD/CAD confirmed a strong closing above the top of the previous session, but it failed to confirm the break above the resistance of the inside day at 1,0565.
UBS Morning Adviser
Nordic Tag-Team in Play The Federal Reserve aside, most central banks in G10 were general cautious in June, none more so than Norges Bank.
Global FX Strategy – Depression Fairy
Last month, we revised our 3M forecast for EUR/USD to 1.2950. For more than a year we have had our EUR/USD forecast above the consensus,
FX Techs
Going into the new week financial markets already seemed to have the summer blues as the trading ranges were very narrow yesterday and didn’t show any particular preference.
USD/CAD Technical Analysis
(1,0521) The USD/CAD confirmed a session of consolidation remaining interior Friday’s range forming a new inside day with 1,0565 – 1,0440 now the levels to follow in the coming hours.
Weaker NOK & look for a correctional high in EUR/USD
EUR/USD: It’s likely a bearish “Flag” so look for a sell high in the nearterm range. The (blue) 8day “Conversion line” has bearishly crossed the (red) 21day “Base line”,
UBS Morning Adviser
The Missing Reserve Billions Friday’s long-awaited IMF announcement revealed for the first time that 3.2% of reserve manager FX portfolios are held in either Australian or Canadian dollars.
US Morning Update
Major overnight headlines: • BoJ Tankan (Q2) Large Manufacturing Outlook Index at 10 versus 7 expected, -1 previously; highest since Q1 2008
UBS Morning Adviser
What the COFER Data Means On Friday the IMF released its Q1 2013 update for the composition of foreign exchange reserves (COFER),