Tag Archives: USD/CAD
UBS Morning Adviser
Downside risks are mounting Australian dollars bears – including ourselves – have been frustrated by
Daily FX Update
The USD is soft as yesterday’s data warns that the economic recovery is fragile even as inflationary pressures build.
Daily Technical Report
EUR/USD continues to grind higher within thehorizontal range defined by 1.3503 and 1.3677.Monitor the test of the hourly resistance at1.3644.
UBS Morning Adviser
The UK’s rebalancing needs go far beyond what the FPC can recommend The Bank of England’s financial policy committee’s (FPC) release of recommendations on
Daily FX Update
U.S. equity softness was carried over into the Asian and European sessions; keeping a weigh on U.S. 10yr yields (currently at 2.57%);
FX Daily Majors
Today’s highlights: GBPUSD ideally holds key price support at 1.6922/23 to keep the immediate risk higher.
Daily Technical Report
EUR/USD is grinding higher within thehorizontal range between 1.3503 and 1.3677. Anhourly support lies at 1.3565 (20/06/2014 low, seealso the 61.8% retracement).
UBS Morning Adviser
Oil shocks hurt Japan, but consequent risk aversion could still help USDJPY With the crisis in Iraq showing no sign of abating,
Daily FX Update
Markets are mixed and relatively quiet. News flow was focused on Governor Carney’s less hawkish stance and PM Abe’s growth strategy; but FX reaction has been muted.
FX Daily Majors
Today’s highlights: USDCAD stays bearish for the 38.2% retracement of the 2012/14 rise at 1.0650, where we would look for buying to emerge.
Daily Technical Report
EUR/USD is moving within the horizontal rangebetween 1.3503 and 1.3677. An hourly supportlies at 1.3565 (20/06/2014 low, see also the 61.8%retracement).
UBS Morning Adviser
SARB’s purchase of Korean sovereign bonds signal another positive for won Yesterday officials at South Korea’s Financial Supervisory Service announced