Tag Archives: USD/CAD
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. Monitor thatlevel as buying interest has thus far remainedweak.
FX Daily Majors
Today’s highlights: EURUSD remains bearish for a test of last week’s spike low at 1.3503.
UBS Morning Adviser
Careful calibration needed for RBNZ as NZD weakens for the wrong reasons Witnessing a currency declining from self-professed ‘overvalued’ levels is normally welcomed by any central bank.
Daily Technical Report
EUR/USD made a bullish intraday reversal on 5June. However, the lack of follow-through andthe current deep retracement suggest persistentselling pressures.
FX Daily Majors
Today’s highlights: EURUSD remains bearish for a test of price support at 1.3503 next.
UBS Morning Adviser
Delayed second-wave of euro weakness ahead? On Wednesday, the ECB rate cuts announced last week finally take effect.
FX Daily Majors
Today’s highlights: EURUSD remains capped below 1.3688/90 – price resistance and 38.2% retracement of the decline from May – leaving the risk marginally lower.
Daily Technical Report
EUR/USD made an intraday bullish reversal lastThursday, indicating exhaustion in the short-termselling pressures. Resistances can now be foundat 1.3688 (22/05/2014 high) and 1.3734(19/05/2014 high).
UBS Morning Adviser
Two days of sharply lower fixings raise questions on further RMB weakness Following Friday’s sharply lower official USDCNY mid-rate fixing
FX: party on
ECB won’t kill EUR, as capital flow to resume. The USD staged a sharp reversal down last week, and wage growth stuck at 2% suggests – no Fed funds repricing imminent yet, but…
Weekly Economic & Financial Commentary
U.S. Review No Spring Swoon Going into June • Payrolls added 217,000 workers in May, recouping all of the jobs lost during the recession, while the unemployment rate remained at 6.3 percent.