Tag Archives: USD/CAD
FX Daily Majors
Today’s highlights: AUDUSD holds above its 13-day average, leaving the recovery intact to .9334/38 next, ahead of our basing objective at .9410/.9510.
Daily Technical Report
EUR/USD is bouncing close to the key supportat 1.3643. Hourly resistances are given by 1.3753(02/04/2014 low) and the declining channel(around 1.3786). Hourly supports now lie at1.3694 (07/04/2014 low) and 1.3673.
UBS Morning Adviser
Risk-reward in dollar shorts falling The lack of positive reaction post US news has been a strong source of frustration for dollar bulls.
Daily FX Update
The USD is mixed into the open with growth currencies underperforming and European currencies outperforming. Geopolitical risks are a core focus as is profit taking.
Daily Technical Report
EUR/USD is approaching the key support at1.3643 (see also the closest rising trendline),which could spur some short-term buyinginterest. Hourly resistances can now be found at1.3753 (02/04/2014 low) and 1.3820 (02/04/2014high).
UBS Morning Adviser
EM once again benefits from low US rate expectations EM currencies were again beneficiaries of falling US rates as weaker US data
Daily FX Wrap and Strategy
The NZD/USD was one of the strongest performersfollowing the US payrolls release. It ended the week at0.8600.There was not too much pulse in the NZD ahead of Fridaynight’s US payrolls data.
Weekly Economic & Financial Commentary
U.S. Review A Broadening Recovery Offsets Near-Term Weakness · Nonfarm payrolls increased across most industries in March,
Daily FX Update
Markets are favouring risk but quiet leading into the nonfarm payrolls release reflecting the expectation of a return to the all important 200k pace of monthly job gains.
FX Daily Majors
Today’s highlights: EURUSD’s break below the 55-day average at 1.3723/04 sees topping risks mount and adds weight to our bearish “wedge” story.
Daily Technical Report
EUR/USD has breached the support at 1.3705,confirming an underlying downtrend since thepeak at 1.3967. Another key support stands at1.3643. Resistances can now be found at 1.3753(02/04/2014 low) and 1.3820.
UBS Morning Adviser
Stronger income growth in the US would help everyone On Thursday, Draghi may have disappointed investors hoping for more forceful rhetoric on FX.