Tag Archives: USD/CAD
Daily Technical Report
EUR/USD is trying to stabilise after its recentsharp decline. Resistances for a short-termrebound are given by 1.3812 (02/05/2014 low)and 1.3871 (intraday high, see also the 50%retracement).
EUR/USD offers likely at 1.38 and USD/JPY sellers should act at 102.40
EUR/USD: EUR/USD trades with resistance at 1.3800 in mind. USD/JPY should test 102.36-102.41 but encounter offers there
UBS Morning Adviser
A risk-off trade by nature, but direct FX link is possible On Monday UBS Macro Strategy proffered the view that it is now time for investors to
FX Flows From Hedge Funds
Net euro selling over UBS’ books hit a 5-week high last week as ECB President Draghi indicated the strong euro’s disinflationary impact “will have to be addressed”.
Daily FX Update
FX markets are mixed, with growth currencies outperforming and safe havens weak. Equities are generally firmer and the U.S. 10‐year yield is up to 2.64%.
Daily Technical Report
EUR/USD has declined sharply after its bearishreversal near the key resistance at 1.3967. Thesupport at 1.3780 has been broken. A keysupport lies at 1.3673 (see also the rising wedge).
UBS Morning Adviser
This move is not over With EURUSD having already shed about 1.2% since Thursday’s ECB press conference,
€/$ bearish follow through. NOK/SEK still higher
EUR/USD: After a minor bounce the pair continued its descent. Thedownside exit from the rising wedge has set 1.3295 as aviable first hand target for the decline.
FX: not there yet
Draghi did it. A strong correction in the EURUSD is not a change in trend, but the trend support is near…
Daily FX Wrap and Strategy
The NZD lost ground amidst a backdrop of USD strengthon Friday, with NZD/USD weakening by 0.4% to 0.8610.The picture was decidedly more mixed on the crosses, however, with slight gains seen against the EUR and the GBP.
Weekly Economic & Financial Commentary
U.S. Review From Bad to Worse: A Contraction in Q1 GDP Growth? · The trade balance data this week, for March, showed that the trade deficit was $40.4 billion,