Tag Archives: USD/CAD
Daily Technical Report
EUR/USD has risen sharply, moving above theresistance a 1.3845. However, the failure to holdabove this level suggests a potential falsebreakout. A resistance now lies at 1.3876.
FX Daily Majors
Today’s highlights: AUDUSD focus remains on the 200-day average at .9138, a close above which can reassert a “head & shoulders” base, for .9410/.9510.
UBS Morning Adviser
Is relative market calm in EM due to lighter activity? In recent weeks EM FX markets have shown remarkable resilience in the face of
USD: To Buy or Not To Buy?
Since last week’s Federal Reserve decision, the dollar has risen solidly against the major currencies, although less so or not at all versus emerging market currencies.
US Morning Update
European equity markets were modestly weaker during the London morning, but even more noteworthy was the lack of attention paid by Asian shares to the weaker-than-expected data out of China overnight.
FX Daily Majors
Today’s highlights: USDCAD defends the point of breakout at 1.1157/53 keeping the trend higher to 1.1479, then our 1.1666/1766 core medium-term target.
Daily Technical Report
EUR/USD has broken the support implied byits rising channel, invalidating the uptrend inplace since February. The short-term technicalstructure is negative as long as prices remainbelow the resistance at 1.3845 (20/03/2014 high).
UBS Morning Adviser
Dollar primed for a major rally in the coming months During last week’s FOMC meeting, Fed Chair Yellen implied that the first hike to
EUR & CAD seen weakening, NOKSEK a buy
EUR/USD: The slow rise from the 1.3749 low, the 161.8% Fiboprojection point, has so far followed a corrective path highercreating a bear flag. It is possible that the Friday high at
US Morning Update
It appeared as if a combination of short-term profit taking and ‘risk on’ weighed on USD demand this morning, as key sovereign rate differentials have not materially backed off against the USD yet.
Daily FX Update
The market catches its breath as it digest further sanctions on Russia, re‐evaluates Chair Yellen’s comments, struggles to understand weaker CNY PBoC fixings and the ending of an important week.