Tag Archives: USD/CAD
Daily Points
KEY POINTS: – Risk markets drifting higher – RBA cuts benchmark rate, cites elevated AUD
Daily FX Technical Strategy: Improving conditions for USD/JPY
Following the strong NFP release on Friday and the S&P 500 close above 1600, two other risk benchmarks are now in focus.
USD/CAD Technical Analysis
(1,0071) The USD/CAD confirmed a weak closing below the low of Friday’s negative day reversal suggesting further downside risk.
UBS Morning Adviser
Back To Goldilocks? Markets have breathed a sigh of relief after last Friday’s payrolls figures. Not only did the headline number surprise to the upside,
Daily FX Update
CAD IS TECHNICALLY STRONG ON ITS CROSSES – USD is slightly stronger on a holiday laden Monday; news flow is light. – CAD is flat; CAD is technically strong on its crosses. Today Ivey PMI.
USD/CAD Technical Analysis
(1,0072) The USD/CAD formed a negative day reversal reversing the previous few session’s rise. While below 1,0135 we expect the dollar to extend the decline toward the 200 days line at 0,9989!!
UBS Morning Adviser
AUD To Pop, Then To Drop The Reserve Bank of Australia is likely to keep the cash rate on hold at 3.0% at Tuesday morning’s policy decision. That’s the view of our Australia economics team,
Daily FX Update
EUR RALLIES INTO PAYROLLS AS NEG INT RATE IDEA FADE – USD is biased for weakness leading into nonfarm (cons. 140k). – USD expected reaction to nonfarm—see below for detailed review.
Technical Focus: Long-term technical update
EUR/USD: The pair was last month refused extension below a medium-term important bearish trigger at 1.2661 and instead added a net bullish print.
Daily FX Technical Strategy: EUR watch points
The bullish move in German rates saw the 2-year yield close in negative territory yesterday. Further downside here is likely to put pressure on the EUR in FX space.
UBS Morning Adviser
Talking Down the Good News It was all plain sailing for the euro on Thursday until Draghi found an opening to express his ‘openness’ on negative deposit rates.
USD/CAD Technical Analysis
(1,0110) The USD/CAD confirmed a strong closing above the top of the previous session that was already a positive day reversal!!