Tag Archives: USD/CAD
UBS Morning Adviser
Eurozone inflation release and its currency implications Falling inflation in Europe has become the primary focus in EUR as the market speculates potential ECB QE.
Daily FX Update
Quiet start to what is likely to be very interesting week filled with data and central bank commentary. Markets are favouring risk on into the open, as equities are higher,
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). As a result, the short-term technical structure ispositive as long as the support at
UBS Morning Adviser
Basis swap landmark reached for euro, but is resilience now a hindrance? Last week the 1y EUR/USD basis swap traded above zero for the first time post crisis.
Weekly Economic & Financial Commentary
U.S. Review No Signs Yet of Spring in the Housing Market · Data on home sales released this week show that the housing market continues to
Weekly Report
Mid-term carry unwind Currently conditions are right for carry trades. Yet given the return profile of carry trades,
Daily FX Update
Markets are shockingly quiet considering building Ukraine risk aversion into the weekend; accordingly equities are soft, the US 10‐year is back down to 2.66%,
Daily Technical Report
EUR/USD has further recovered off supportat 1.3780. However, bullish rally is weak. Neartermsupport is located at 1.3785 (22/04/2014low, see also the low of the rising channel).
FX Daily Majors
Today’s highlights: NZDUSD stages a bearish “outside day” reversal keeping the spotlight on key “neckline” support at .8537/14. A break here though remains needed to complete a top.
UBS Morning Adviser
PBOC will remain active in China rates market, but volatility will persist As financial reform in China continues, the People’s Bank of China (PBOC) faces the challenging task of a smooth transition in interbank and FX markets.
Daily FX Update
Markets are adding to risk positions into the NA open as earnings continue to suggest that global growth is improving (Caterpillar raising outlook, GE, Facebook & Apple beat, etc).
Daily Technical Report
EUR/USD bounced yesterday near the supportat 1.3780. However, bullish rally is weak. Anhourly support is at 1.3785 (22/04/2014 low, seealso the low of the rising channel).