Tag Archives: USD/CAD

Daily FX Update

Markets are reacting to disappointing PMIs across Europe and in China, driving fears of a challenged global growth outlook.

EUR/USD continues to grind higher.

Today’s highlights: EURJPY continues to surge dramatically higher and

EURUSD: The market last night, after FOMC, printed a high at 1.2602 before retreating back to

Another record close in U.S. equities yesterdays combined with the release of U.S. TIC flows,

Today’s highlights: EURUSD spotlight stays on the 1.2578 barrier,

EUR/USD’s bounce has thus far beenunimpressive.

The hourly chart shows a decline this month that has so far held critical 1.1254 support.

Entering the NA trading session, the USD is weak, with many other markets relatively quiet.

Today’s highlights: EURJPY is vulnerable to a snap back correction,

EUR/USD has weakened near the resistance at1.2577.

EURUSD: It’s not a one way ticket – as it should be during corrections.