Tag Archives: USD/CAD
Daily FX Update
Yesterday’s Fed message was supportive of risk taking, driving equities to fresh highs, U.S. yields lower and a weak USD.
FX Daily Majors
Today’s highlights: AUDUSD has completed a bullish “reversal day” from its 55-day average, and we look for a retest of the June high at .9439.
Daily Technical Report
EUR/USD has broken the hourly resistance at1.3602 (10/06/2014 high). A short-term risetowards the resistance at 1.3677 is expected (seealso the 38.2% retracement).
UBS Morning Adviser
Prevailing Wisdom Unchallenged If their voting record is anything to go by, the three new faces on the FOMC failed to rock the boat overnight.
Daily FX Update
The market is quiet leading into today’s FOMC meeting. The USD is mixed with the best performer NZD, up 0.1% and the worst performer NOK, down 0.2%;
FX Daily Majors
Today’s highlights: USDJPY has completed a small base, and we look for strength back to 102.81/103.04.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. In the shortterm,prices are moving sideways near this level.
UBS Morning Adviser
Negative rates or a change to the EURCHF floor would be too drastic We have long held the view that the Swiss National Bank (SNB)
US Morning Update
The main ‘mover’ during the London morning was the GBP again, around the release of the May CPI inflation data.
Daily FX Update
Geopolitically there is a lot of disruption with Russian’s decision yesterday to cut off gas supplies and building tensions in Iraq;
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503, favouring aconsolidation phase.
UBS Morning Adviser
Revise GBP forecasts higher; forecast EURGBP at 0.78 in 1m, 3m and year-end In the wake of BoE Governor Carney’s Mansion House speech last week,