Tag Archives: USD/CAD
USD/CAD Technical Analysis
(1,0150) The USD/CAD confirmed another weak closing on Friday and also the weekly one was negative while however remaining interior the range of the previous week!!
UBS Morning Adviser
Japan To Buy Asian Bonds? Local media reports indicate that Japan may diversify some of its FX reserves into the bond markets of South East Asia. The announcement could come as early as Friday May 3rd ¹.
Daily FX Update
GDP IMPORTANT BUT NEXT WEEK SEES FED, ECB & JOBS – USD is mixed leading into the release of US Q1 GDP, cons: 3.0% q/q. – CAD is flat with no domestic data expected. Reaction to US GDP usually fades by the close. Oil spreads helping to support CAD.
Daily FX Technical Strategy: The ceilings into end of week
Into the end of week, several markets such as USD/JPY, the S&P 500, and US 10y yields are ranging just beneath important topside areas.
Technical Alert
Yen stronger post BOJ and possible a long needed reaction underway, caution esp with AUDJPY. The £ sterling stronger after GDP, with both cable breaking higher and
UBS Morning Adviser
Follow the Growth Flow The market will likely increase its pricing of an ECB rate cut in the run up to the May policy meeting. A weaker euro can also be expected, but for a credit- and funding- starved Eurozone,
USD/CAD Technical Analysis
(1,0200) The USD/CAD confirmed a very weak closing last night but it failed to confirm yet a break of the support of the inside day at 1,0195.
Daily FX Update
GBP BREAKS TO 2‐MTH HIGH ON STRONG GDP – USD weakens; markets pushes out expectations for QE tapering.
Technical Alert
Dollar a tad weaker since yesterday, commodities recovering and accordingly commodity currencies the best performers. EURUSD erratic moves around 1.30 continued/s and
UBS Morning Adviser
Swiss Puzzle, German Answer The Swiss franc has weakened sharply this week. EURCHF has jumped from levels just above the Swiss National Bank’s ‘minimum’ floor of 1.20 to above 1.23 while USDCHF has appreciated back towards 0.95 the figure.
USD/CAD Technical Analysis
(1,0265) The USD/CAD is still confirming further consolidation interior the inside day with 1,0305 – 1,0195 still the levels to follow in the coming hours.
Daily FX Update
EUR FAILS TO RALLY ON ITALY NEWS GIVEN ECB FOCUS – USD – DXY near four week highs around 83.00. – CAD flat trading in narrowed range since BoC on lack of catalyst.