Tag Archives: USD/CAD
USD/CAD Technical Analysis
(1,0305) The USD/CAD should have confirmed a S_H_S formation in the s/t charts supporting a possible extension of the correction toward the 1,0150 area!!
UBS Morning Adviser
EURCHF Shorts Unstuck? EURCHF has not had the best of starts to the week as investors are opting for an abundance of caution amid rising volatility.
Daily FX Update
USD WEAKENS INTO IMPORTANT NONFARM WEEK • USD is broadly weaker retracing from Friday’s strong close. • CAD rallies, supported by China’s +50.8 PMI broad USD weakness.
Daily FX Technical Strategy: Neutralising risk
An ongoing slide in the Nikkei preceded recent profit taking on the JGB bear trend and also on the S&P 500.
USD/CAD Technical Analysis
(1,0363) The USD/CAD formed on Friday a positive day reversal while confirming a positive closing in the weekly chart and a strong one in the monthly one supporting higher levels.
Scandies and CAD seen weaker
EUR/USD: The move above the 55d ma was soon rejected as the market made a u-turn exploring the downside. A late bounce however left us with a downside spike and
UBS Morning Adviser
ECB Lessons for BoJ The Bank of Japan pledged last week to increase the frequency of JGB purchases again to reduce volatility in government bond markets.
Daily FX Update
EUR FALLS AS VISCO HINTS AT RATE CUT • USD is strong after volatile week. Next week is nonfarm! • CAD is weak; Q1 GDP expected at 2.3% ‐ well above worse case fears.
Daily FX Technical Strategy: Sterling’s temporary upswing
Renewed weakness in the USD around month end is providing an opportunity for some base metals to rebound.
USD/CAD Technical Analysis
(1,0420) The USD/CAD confirmed a weak closing below the low of the previous session when it formed a negative day reversal.
UBS Morning Adviser
Reserve Stagnation Boosts Buck In their latest Macro Keys (May 29th), our Emerging Market strategy team highlights that the current round of weakness in EM FX is likely to be with is for some time.
USD trading all over the shop on USDJPY flows.
There was a flurry of “developments” out of Japan today that saw a dramatic pivot in JPY crosses after USDJPY looked like it wanted to have a look at the 100 level.