Tag Archives: USD/CAD
Daily FX Update
Markets are mixed into the NA open but the overarchingtheme is a weak USD. This is an important week with ChairYellen being sworn in today, but only speaking for the first time on February11th.
Daily Technical Report
EUR/USD has broken the support at 1.3508(see also the steeper rising trendline), openingthe way for a further decline towards the 200 daymoving average (around 1.3380).
FX Daily Majors
Today’s highlights: EURUSD’s break below 1.3507 signals a fresh bear leg to 1.3458 next then 1.3399/77.
UBS Morning Adviser
Act III, Scene I The FX market’s most liquid currency pair does not fall easily.
EUR retreating, USD & JPY advancing.
EUR/USD: The new Friday low didn’t become minor at all as the marketcontinued to trade in a very heavy way. The past days priceaction also made January end
FX: When music stops…
With stock markets at crucial trend support levels, risk sentiment is at risk. Will good news be bad news for the USD?
Weekly Economic & Financial Commentary
U.S. Review Shall We Do the Real GDP Shuffle? · Real GDP posted its second consecutive quarterly above-trend gain in the fourth quarter, rising at a 3.2 annual percent pace.
Daily FX Update
Markets are unsettling. It is concerning to see the US 10‐year yield falling back to 2.65%, a weak equity start, rising volatility, a strong USD & JPY and ongoing downward pressure on EM FX.
Daily Technical Report
EUR/USD declined sharply yesterday and isnow close to its support at 1.3508 (see also thesteeper rising trendline). An initial resistance liesat 1.3559 (intraday high).
FX Daily Majors
Today’s highlights: USDCAD spotlight stays on our 1.1234 first objective, which we would look to ideally cap at first.
UBS Morning Adviser
Currency risk beta the driver – for now The selloff in Emerging Currencies may have taken a breather but structural problems remain.
Daily FX Update
Markets continue to display signs of nervousness asboth EM and G10 FX vol is higher; but there appears to be no increase ingeneral fears as US equities are higher,