Tag Archives: USD/CAD

Daily FX Update

Markets are adding to risk leading into an event filled week that begins with a speech by Chair Yellen, will conclude with nonfarm payrolls and

EUR/USD is trying to bounce near the supportat 1.3708. However, the underlying technicalstructure remains negative. Hourly resistancesfor a short-term bounce can be found at 1.3779(intraday high) and 1.3847 (25/03/2014 high).

FX Daily Majors

Today’s highlights: USDJPY above its 55-day average at 102.55/69 keeps the bias higher in the range to 103.64/76.

UBS Morning Adviser

Balancing inflation and growth in a challenging environment Last week Bangko Sentral ng Pilipinas (BSP) decided to hold rates,

Weekly Economic & Financial Commentary

U.S. Review Hanging in There · Stronger consumer spending on services led the third estimate of

Daily FX Update

Speculation is rising that China is on the verge of stimulative policies to support growth; while next week holds significant risk in releases and central bank policy.

US Morning Update

EUR or USD strength is a necessitating component of commodity bloc weakness, but neither showed any signs of returning during the London morning.

Daily Technical Report

EUR/USD has breached the support at 1.3749,confirming persistent short-term sellingpressures. An hourly support lies at 1.3708, whilea key support stands at 1.3643.

More € weakness. AUD peaking? NOK/SEK pause

EUR/USD: Yesterday’s close below 1.3749 has further enhanced thebearish outlook and more losses are accordingly penciled infor the week to come.

UBS Morning Adviser

Glass is edging towards half full for Norges, but nothing more The krone’s robust performance on Thursday suggests the market believe Norges’ narrative is

Select FX (AUD, NZD, CAD, BRL) Firm As Carry Returns

With majors such as the euro and dollar-yen languishing in tight ranges this week, it came as somewhat of a surprise to see select currencies, such as the Aussie and Canadian dollar,

USDCAD – failed breakout from triangle signals large correction possible

The triangle breakout was short-lived and much of last week’s gains have already been negated. Because post triangle moves are often the last wave within a larger rally,