Tag Archives: USD/CAD
FX Daily Majors
Today’s highlights: USDJPY’s focus turns to “neckline” support and the 200-day average at 101.23/21.
UBS Morning Adviser
Watch Japan Post too Yen bears have focused their attention on the diversification plans of Japan’s GPIF,
USD: Recovery Delayed, Not Dead
We retain conviction in our view that the US dollar recovery will gain traction as 2014 progresses and into 2015. At the same time, our mid-2014 forecasts for most G10 pairs now look to be a stretch.
Daily Technical Report
EUR/USD is close to the key support areabetween 1.3673 (see also the wedge formation)and 1.3643 (see also the 200 day movingaverage). Given the recent sharp decline, ashort-term phase of stabilisation is likely.
FX Daily Majors
Today’s highlights: USDCHF remains capped at .8905, the downtrend resistance from the September 2013 peak.
The Global Macro Pulse
USDJPY fell to a low of 101.66 on the day, but has since stabilized at 101.84. EUR has climbed higher, to 1.372. AUDNZD inched lower, to 1.081, as AUD fell slightly,
UBS Morning Adviser
Treasury move perplexing but FX impact limited, for now Many investors have been expressing confusion and concern regarding price action in Treasurys in recent sessions.
FX Daily Majors
Today’s highlights: EURGBP resumes its medium-term bear trend and we look for further weakness to .7800.
Daily Technical Report
EUR/USD declined further yesterday and isnow close to the key support at 1.3673 (see alsothe wedge formation). Given the recent sharpdecline, a short-term phase of stabilisation islikely.
UBS Morning Adviser
Policy to continue weighing on krona, but watch positioning Within the minor currencies, the krona appears most at risk of more easing.
Daily FX Update
Markets are relatively quiet with the USD focused on individual domestic stories and negative developments for EUR. The Bundesbank has suggested that it would support stimulus;
FX Daily Majors
Today’s highlights: EURGBP has broken key support at .8165/55 and we look for further weakness to .7800.
