Tag Archives: USD/CAD

FX Daily Majors

Today’s highlights: GBPUSD has broken higher again to test trendline resistance at 1.7126, with our core target still at 1.7332.

Daily Technical Report

EUR/USD has broken to upside out of itshorizontal range defined by 1.3503 and 1.3677. The short-term bullish momentum is intact aslong as the hourly support at 1.3651 (previousresistance) holds.

UBS Morning Adviser

Compared to the RBA, the RBNZ has a bigger problem with valuations It is now well in the price of both the AUD and NZD that heading into

Daily FX Update

A slew of event risk in the next 12‐hours—with quarter‐end rebalancings, China’s PMIs, Japan’s Tankan and the RBA meeting have left markets vulnerable.

FX Daily Majors

Today’s highlights: USDCAD spotlight remains firmly fixed on key medium-term support at 1.0650/00.

Daily Technical Report

EUR/USD continues to move towards the highof its horizontal range defined by 1.3503 and1.3677. Monitor the test of the hourly resistanceat 1.3644/1.3651.

UBS Morning Adviser

Adjusted Japanese core CPI decelerates, but energy prices up After adjusting for the effect of the April sales tax hike (subtracting 2.0% points from May CPI and

Weekly Economic & Financial Commentary

U.S. Review A Mostly Disappointing Week for Economic Data

Weekly Report

GBP has valid reasons to strengthen The UK’s semi-annual Financial Stability Report highlighted the risks behind UK’s high level of

Daily FX Update

Markets are favouring risk aversion, but most activity has been relatively muted. Equities are soft, the U.S. 10year yield is at 2.51% and the USD is mixed;

FX Daily Majors

Today’s highlights: USDJPY has broken 200-day average and price support at 101.70/61, and we look for weakness to extend towards 100.84/76.

Daily Technical Report

EUR/USD continues to move within thehorizontal range defined by 1.3503 and 1.3677.Yesterday weakness was met with buyinginterest.