Tag Archives: USD/CAD
FX Daily Majors
Today’s highlights: USDJPY’s collapse below 102.11/09 sees a defensive range reemerge.
Daily Technical Report
EUR/USD completely reversed yesterday’sstrength, warning of a potential false breakout ofthe strong resistance at 1.3893.
UBS Morning Adviser
Reserve growth is slowing, but it’s not helping the dollar One of the anticipated transmission mechanisms for dollar strength arising from
Daily FX Update
Growth currencies are outperforming and the USD is broadly weaker as we approach the NA session, as market participants take confidence in the stronger than expected employment release from Australia and
US Morning Update
* ECB’s Coeure: ECB is ‘ready to act’ if inflation scenario does not materialise, but deleveraging could unleash pent-up monetary policy easing. ECB’s Weidmann: ECB’s ‘expansionary policy is ‘appropriate’.
FX Daily Majors
Today’s highlights: EURGBP above .8351 has seen a base established, and we target .8392 initially, then the 200-day average at .8426.
Daily Technical Report
EUR/USD has moved above the strongresistance at 1.3893. The technical configurationis positive as long as the support at 1.3834(11/03/2014 low) holds. An initial support lies at1.3896 (intraday low).
UBS Morning Adviser
Reality is challenging but sentiment shouldn’t take precedence G10 investors have been forced into crash courses on copper and
Daily FX Update
Markets remain quiet and in consolidation mode ahead of the NA session following an on-hold BoJ meeting and un-changed tone from policymakers at the BoE and ECB and as PBoC Gov.
Daily Technical Report
EUR/USD has weakened after failing to holdabove the strong resistance at 1.3893. Hourlysupports can be found at 1.3825 (28/02/2014high) and 1.3787 (36.8% retracement).
Weaker GBP, AUD, CAD, PLN & CNH, stronger NZD and possibly SEK
EUR/USD: In this near-term timeframe the decline looks correctionalcompared to the impulsive lift, testing 1.3915 last week.Acceleration through supports at 1.3834/26 is needed to think otherwise.