Tag Archives: USD/CAD
Daily FX Technical Strategy: Catching a USD bull by its horns
Over the past few weeks, it has been rare for the USD to be resolutely bullish against all currencies. Instead, the USD bid has taken turns against the JPY on occasion,
UBS Morning Adviser
BoJ Stands Pat The Bank of Japan announced no new policy initiatives overnight. A minority of investors had positioned in advance for an expansion of the
USD/CAD Technical Analysis
(1,0188) The USD/CAD confirmed a session of consolidation remaining in the lower range of Friday. It formed a new inside day with 1,0300 – 1,0155 the levels to follow in the coming hours.
Adjusting to Fed tapering
Big Picture: Asset markets have corrected recently and it has been very difficult for investors to find a hiding place apart from cash, as equities and bonds have sold off,
US Morning Update
Major overnight headlines: • ECB’s OMTs may be “practically” capped at EUR524 bln due to concentration on short-dated bonds, FAZ
Daily FX Update
FED UNLIKELY TO MOVE AGGRESSIVELY AWAY FROM QE • USD is stronger but DXY still down 3.1% from its May 23rd high.
At a glance: The USD is far from being done
Last week saw the USD clearly on the back foot, but a closer look into the equivalent chart pictures unveiled that this latest setback is not harming the broader up-trend as such and
USD/CAD Technical Analysis
(1,0205) The USD/CAD confirmed another weak closing below the low of the previous day supporting further weakness. The drop found however support at the 100 days line at 1,0174;
Daily FX Technical Strategy: USD/JPY trying to bounce
The rebound in the USD occurred in line with our view at the end of last week as the risks of a base have increased.
UBS Morning Adviser
Japan Flows Point To Lower AUDNZD Two batches of official portfolio data arrived overnight, shedding fresh light on how BoJ easing is affecting Japanese investor behaviour overseas.
Daily FX Update
NONFARM IS KEY INPUT FOR USD TRADERS • USD is weak, DXY breaks through support; USDJPY leading markets.
USD/CAD Technical Analysis
(1,0264) The USD/CAD confirmed a nice sell off that we were waiting for since long; the closing was however not below the key level at 1,0260 despite a test of the 55 ma line at 1,0203!!