Tag Archives: USD/CAD
Daily FX Update
Markets are shedding risks as geopolitical tensions rise. Gold, JPY and CHF are all higher, the 10‐year US yield has dropped back to 2.6% and equities are notably weak, particularly across Europe.
Daily Technical Report
EUR/USD rose sharply on Friday. Prices arenow challenging the key resistance areabetween 1.3832 (25/10/2013 high, see also thelong-term declining trendline) and 1.3893.
FX Daily Majors
Today’s highlights: USDCHF below .8800 rekindles thoughts of a medium-term top, for a decline to .8568/18.
UBS Morning Adviser
External Vigilance Essential for Central Banks In contrast to last week, escalation on the geopolitical front is now harder to ignore.
BNP Paribas: Major Currencies Forecasts
The following are BNP Paribas’ latest forecasts for major currencies.
Weekly Economic & Financial Commentary
U.S. Review Yellen at the Senate, While Weather Still Skews Data • As expected, GDP growth was revised lower, reflecting a slower build in inventories, a weaker trade position and a more cautious consumer.
Daily FX Update
An easing in disinflationary pressures in Europe and Japan removes some of the expected burden on the ECB and BoJ for policy action.
Daily Technical Report
EUR/USD bounced sharply yesterday,invalidating the short-term double-topformation. Hourly resistances now stand at1.3727 (intraday high, see also the 61.8%retracement) and 1.3773.
FX Daily Majors
Today’s highlights: NZDUSD’s break through .8367/94 targets .8432/39 above which would set a bigger base.
UBS Morning Adviser
Non-financial risk aversion’s fading impact To many investors February 27th was probably one of the most significant days to be ‘risk averse’ on the back of geopolitical risk only.
Daily FX Update
Markets are increasingly nervous, with the focus on the Ukraine, but also a host of periphery countries that are also vulnerable. Accordingly, risk aversion has been the key driver of asset classes in the Asian and European sessions.