Tag Archives: USD/CAD
UBS Morning Adviser
Is additional US outperformance needed for CAD shorts to work? Having passed up multiple opportunities to talk down the Canadian dollar in statements and
Daily FX Update
Building disinflationary pressures in Europe, confusing data releases from the U.S., climbing house prices in the UK,
FX Daily Majors
Today’s highlights: NZDUSD remains poised for a test of key price support at .8432, below which should trigger a decline towards .8416.
Daily Technical Report
EUR/USD remains in a short-term bearishtechnical structure as long as prices stay belowthe resistance at 1.3650 (27/05/2014 high, seealso the declining trendline).
Dollar strength!
EURUSD: A bearish candle as a continuation pattern was added yesterday. It also persistent dynamic resistance with the 8day “Tenkan-Sen” (blue line in the chart).
UBS Morning Adviser
Should central banks pay more than lip service to domestic rebalancing? The RBA decision overnight probably lacked the suspense of the ECB.
Daily FX Update
An expansionary and stronger than expected Chinese PMI of 50.8 has done little to support currencies; with the USD broadly stronger.
Daily Technical Report
EUR/USD has broken the key support areabetween 1.3673 and 1.3643. The short-termtechnical structure calls for further weakness aslong as prices remain below the resistance at1.3669 (27/05/2014 high).
UBS Morning Adviser
Euro weakness or dollar strength? With the ECB likely to ease again on Thursday,
Weekly Economic & Financial Commentary
U.S. Review Economy Contracts in Q1, Stronger Growth Ahead • Revised Q1 GDP figures showed that the economy contracted 1.0 percent,
Daily FX Update
Bond markets remain the core focus into the weekend. The U.S. 10‐year yield is trading at 2.47%. Today’s release of the PCE deflator will provide important clues in judging inflation and
FX Daily Majors
Today’s highlights: USDCAD’s stay bearish for a break below 1.0813, to test 1.0747/31.