Tag Archives: USD/CAD

FX Daily Majors

Today’s highlights: AUDUSD spotlight remains on key resistance at .9078/87, above which remains needed to see a better base.

USD/CAD in the buy zone. USD/TRY higher.

EUR/USD: With the slimmest of margins the market failed to take outthe 1.3774 resistance and completing a five wave advance.

UBS Morning Adviser

S&P erases 2014 decline, but who benefits? The ‘dollar as a growth currency’ theme is one of the many consensus views for 2014 which have failed to materialise in full.

Daily FX Update

FX markets are active into the NA open; where as other markets have been relatively quiet. The combination of the G20 (see comments below), several central bank interviews,

EUR/USD remains supported by its risingchannel (see also the support at 1.3692). Thebreak of the initial resistance at 1.3728 (intradayhigh) validates a tiny base formation, whichfavours a test of the resistance at 1.3773.

UBS Morning Adviser

Too soon to rebuild AUD longs Japanese investors have systematically run down their exposure to Australian bonds over the past two years.

EUR/SEK downside correction, bonds in demand

EUR/USD: Last week ended with the highest weekly close of the year(and a third consecutive weekly winner). Together with thebreak above 1.3732 the behavior suggests more topsidepotential near term and

CIBC: Loonie: To Fly Higher By Spring

The Ice storm-induced weakness in the Canadian December data could soon provide a good opportunity to close out any remaining short CAD positions,

Weekly Economic & Financial Commentary

U.S. Review Weather Effects Continue to Influence Economic Data Housing starts plunged 16 percent in January to an 880,000-unit pace. Building permit activity also declined for the month but not as sharply.

Barclays: Outlooks & Strategies

EUR/USD: 1.3810 capped and the market now risks a drift lower in range towards 1.3660 (retracement). Overall we remain neutral within the 1.3660 to 1.3810 range.

Forex Weekly Report

Energy dependence has detrimental impact on current account The Japanese current account is being watched carefully for signs of improvement.

Daily FX Update

Into the weekend, markets are mixed with the USD stronger against most currencies. Today’s focus will remain on the Ukraine and the potential for rolling bouts of EM induced risk, the G20, Fed speakers and broad developments.