Tag Archives: USD/CAD

FX Daily Majors

Today’s highlights: EURUSD’s break above 1.3735/37 sets a better base to target the medium-term downtrend and 2013 high at 1.3847/93.

UBS Morning Adviser

GBP’s inflation role needs revisiting BoE policymaker David Miles’ warning on GBP earlier this week indeed proved prescient in the wake of the January CPI report.

Daily FX Update

Markets are mixed and relatively quiet leading into a shortened NA trading week. Equities are flat; oil has jumped higher; gold is off its recent highs and the 10year US yield remains close to 2.70%.

US Morning Update

The tone in global equities (Nikkei excluded) was generally ‘risk-off’, with modest declines partially spurred by more evidence that the PBoC is in the process of tightening monetary conditions.

Daily Technical Report

EUR/USD is close to the key resistance at1.3739. Hourly supports are given by 1.3657(intraday low) and the short-term rising channel(around 1.3635). Another resistance can befound at 1.3819.

FX Daily Majors

Today’s highlights: USDJPY rallies sharply overnight, but above 103.40/68 is needed for a better base.

UBS Morning Adviser

TSF figures losing relevance for Australia The RBA minutes overnight affirmed the effects of expansionary policy but warned the economy was below-trend.

Daily Technical Report

EUR/USD is close to the key resistance at1.3739. Hourly supports are given by 1.3657(intraday low) and the short-term rising channel(around 1.3616).

NOK/SEK still liked higher. USD/CAD ending reaction?

EUR/USD: An attempt to put a peak in place Friday afternoon hastoday been replaced by renewed buying hence keeping the1.3740 resistance in the crosshair.

UBS Morning Adviser

Case Builds For Further BoJ Easing Suddenly it all seems to be going wrong for USDJPY.

Commonwealth Bank: Major Currencies Forecasts

The following are Commonwealth Bank of Australia’s latest major currencies forecasts.

FX: It’s weather, stupid!

The risk sentiment is secure on the hope that bad news is due to weather effects. The USD got broadly hit every day over the past week…will it strike back?