Tag Archives: USD/CAD
Daily FX Update
Markets are shedding risk into the NA open after relatively quiet Asian and European sessions.
UBS Morning Adviser
Australia’s Crucial Capex Survey Sentiment has become bearish on the Australian dollar. According to UBS FX Flows, selling by asset managers last week was the second largest on record.
Daily FX Update
There is a fresh round of USD buying leading into the NA open as Eurozone posts weak Q1 GDPs, the market focuses on an improving US outlook and potential Fed QE tapering and
US Morning Update
Major overnight headlines: • BoE says “recovery in sight” for UK economy, sees GDP accelerating to 0.5% in Q2, lowers inflation forecsts
UBS Morning Adviser
Swiss Franc, The Big Long At Risk The Swiss franc has been a major beneficiary of safe-haven flows since 2007. As UBS data below shows, investors across all major segments remain short EURCHF and
USD/CAD Technical Analysis
(1,0192) The USD/CAD confirmed another strong closing also last night after a session of consolidation. Possible further s/t upside potential, especially based on the daily chart!!
Daily FX Update
Markets are shedding risk into the NA open, with equities down, bond yields lower and the USD broadly stronger.
Daily FX Technical Strategy: EUR/GBP trying the topside
Similar to the US, a selloff in German 10y yields has not derailed the bullish price action in equity markets for the time being.
FX Daily Majors
Today’s highlights: – USDJPY is expected to hold below our 102.40/103.10 target near-term, for a correction to recent strength.
URUSD still trying to quit the 1.3000 habit. USDJPY dips.
EURUSD – 1.3000 is the obvious focus, but we’ve all gotten use to the criss-crossing by now as the 200-day moving average and 55-day moving averages are also converging on this level.
UBS Morning Adviser
Timing the UK Trade BoE Governor Mervyn King delivers his final Inflation Report this week and he would be relieved that data is finally stabilising.
Daily FX Update
FX Market Update – Entering the NA session, markets are quiet and favouring risk aversion. China released slightly weaker than expected industrial production and