Tag Archives: USD/CAD
UBS Morning Adviser
CAD After Carney Tomorrow (May 29th) Mark Carney will preside over his final Bank of Canada policy decision.
Daily FX Update
US & UK HOLIDAY—QUIET MARKETS • USD slight weakness as US & UK markets are closed. • CAD is soft leading into important week with Carney’s last statement.
USD/CAD Technical Analysis
(1,0326) The USD/CAD confirmed a session of consolidation remaining interior the negative day reversal; we have now 1,0405 – 1,0275 the levels to follow in the coming hours.
UBS Morning Adviser
JGBs: No Need To Panic (Yet) A bond market is usually headed for trouble when foreigners suddenly flee. So far though there has been no sign of this in Japan despite the recent surge in JGB volatility.
Daily FX Update
EUR HOLDS ITS OWN • USD is mixed as markets attempt to adjust to this week’s developments. We detail below our take-aways from the Fed this week.
US Morning Update
Major overnight headlines: • ECB’s Draghi says UK needs a “more British” Europe, Europe needs a more “European UK”, Reuters reports
G10 FX Spot Commentary
EURUSD : Support – 1.2875 , 1.2790 , 1.2730 Resistance – 1.2950/60 , 1.2990 , 1.3050 Markets are pretty loose at the moment (not helped by the gyrations of the Nikkei) and this has caused much consternation and
FX Daily Strategist: Europe
EURUSD in a range heading into Ifo EURUSD has been grinding higher towards the top end of the weekly range with some help from firmer data.
UBS Morning Adviser
On Yen, Stocks, Chickens and Eggs Japanese equities continue to trade nervously after yesterday’s -7.3% plunge on record volumes. At the time of writing, the Nikkei-225 is down another -1.7% and
USD/CAD Technical Analysis
(1,0320) The USD/CAD formed a negative day reversal but only a daily closing below 1,0286 will confirm a s/t top favouring lower levels!!
Daily FX Update
CAUTIOUS FED CAUSES CONSIDERABLE CONFUSION • PMI’s highlight China slowdown, eurozone improvement. • USD—DXY softens from overnight high following China PMI.
US Morning Update
Major overnight headlines: • Chinese May HSBC manufacturing PMI at 49.6 versus an expected 50.4, a 7-month low • Nikkei-225 falls more than 7.0% on the day overnight