Tag Archives: USD/CAD
Daily FX Update
Markets are quiet leading into nonfarm and what is for many a long weekend. Equities are flat, the U.S. 10‐year yield is at 2.62%, the USD is generally flat but favouring strength,
Daily Technical Report
EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. The technical structureremains supportive as long as the support at1.3780 holds.
UBS Morning Adviser
Sovereign interest supportive Widening trade and current account surpluses have conspired to push USDKRW to a new 5½ year low.
Daily FX Update
European currencies are strong others are flat as the market digests what has generally been growth supportive developments this week. A non‐event Fed meeting,
Daily Technical Report
EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. The rebound near the keysupport at 1.3780 (09/04/2014 low) has pushedprices close to the top of the recent range.Monitor the resistance at 1.3906.
UBS Morning Adviser
Yesterday onshore USDCNY crossed 6.2650 intraday; 1.74% above fixing Until recently USDCNY spot has stayed slightly above 1% from official fixing,
Daily FX Update
Entering today’s risk laden session most asset classes are relatively stable. Equities are vaguely weaker, the US 10‐year yield is trading at 2.7%, the USD is mixed and gold is soft.
Daily Technical Report
EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. Despite yesterday’sweakness, the short-term technical structure ispositive as long as the support at 1.3780(09/04/2014 low) holds.
UBS Morning Adviser
No change to the QQE target The Bank of Japan’s overnight decision reaffirmed the existing policy stance,
Daily FX Update
Market is favouring risk leading into the NA open, with strong equities and a weak USD; CAD is the star performer, up 0.5% since yesterday’s close.
FX Daily Majors
Today’s highlights: NZDUSD has fallen to key price and “neckline” support at .8536/14, beneath which would see the expected better top.
Daily Technical Report
EUR/USD’s decline from 1.3906 (11/04/2014high) has stopped around the 50% retracementmeasured from the low at 1.3673 (04/04/2014).