Tag Archives: USD/CAD
USD/CAD Technical Analysis
(1,0188) The USD/CAD confirmed the expected rebound, however only this morning. On Friday it confirmed a session of consolidation forming a new inside day with 1,0170 – 1,0070 the levels to follow in the coming hours.
UBS Morning Adviser
Yen Bears Should Look To May 10th Some market participants have expressed surprise that Japanese investors were net sellers of foreign assets in early April.
USD/CAD Analysis
The pair is currently up 43 pips at 1.0184 during Asia trade. The majority of commodity currencies are weaker across the board after China GDP missed expectations earlier in the session.
FX Daily Strategist: Europe
Fade the EUR headline risk EURUSD is trading around 1.3100 ahead of today’s meeting of euro area finance ministers that is expected to finalize the deal for Cyprus.
USD/CAD Technical Analysis
(1,0101) The USD/CAD confirmed a weak closing even below 1,0105 suggesting further downside risk toward the 200 days line, now found at 0,9986.
USD/CAD Technical Analysis
(1,0090) The DOLL/CAD confirmed further direct weakness against our expectations. Next target is 1,0078 with a possible extension toward the 200 hours line at 0,9986.
Daily FX Technical Strategy: NZD flies on QE
The BoJ’s quantitative easing has led to an accelerated search for yield elsewhere. In A yen for yield, we highlighted the bullish risks for NZD, AUD, and MXN against the JPY.
FX Daily Strategist: Europe
– Weaker JPY trend to persist USDJPY is inching closer to the 100 level, while JPY crosses continue to perform strongly (EURJPY at early 2010 highs, AUDJPY close to pre-crisis 2007 peaks).
FX Daily Majors
Today’s highlights: – USDJPY has achieved our 99.86/100.00 target – the 50% retracement of the 2007/2011 bear market. This should be allowed to cap at first, ahead of a move to 101.27/103.10.
USD/CAD Technical Analysis
(1,0145) The USD/CAD confirmed yesterday further consolidation interior Friday’s inside day with 1,0250 – 1,0110 still the levels to follow in the coming hours.
FX Daily Strategist: US
– Fade the FOMC minutes, sell the USD vs. commodity bloc Tonight’s FOMC minutes release will almost certainly sound hawkish as they had done in January in February, with most of the US data having surprised positively on the month.
Daily FX Technical Strategy: Three focal points
In the west, the S&P 500 is inching towards its all-time high, but in the east, geopolitical tensions remain a focus, with USD/KRW trading close to its multi-year channel high.