Tag Archives: USD/CAD

AUD & CAD corrections are taking place

EUR/USD: Buyers keep responding in the low 1.35s but there is still a1.3580 cap in place. One side has to give to show the way.Intraday stretches are currently located at

UBS Morning Adviser

Can the BoC use the CAD as a direct policy tool? The Bank of Canada is expected on Wednesday to join the growing list of minor G10 central banks in anchoring expansionary policy guidance.

Daily FX Update

The USD is stronger as the market shifts its focus to the January 29th Fed meeting and the potential risk of an increase in the pace of tapering.

EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows. Monitor the bounce attempt nearthe support at 1.3524.

FX Daily Majors

Today’s highlights: EURGBP is expected to see a break of the .8230 recent low, for our .8165/55 target.

UBS Morning Adviser

Tapering losing influence over some trades For the bulk of the last three quarters, markets have designated US policy and

FX Weekly

Week ahead – the world waits for the BoC This is an enormously important period for Canada and the BoC, and things really heat up in the week ahead.

Daily FX Update

Markets are relatively quiet leading into the US holiday session. There is no North American data today and liquidity isexpected to decrease after European desk close.

US Morning Update

We look for USDCAD to remain firm and comfortably above 1.090 into the start of Wednesday, with the BoC and key Canadian data releases beginning from mid-week.

FX Daily Majors

Today’s highlights: EURUSD reinforces its top below 1.3548, and we stay bearish for 1.3458, then 1.3357/24.

Daily Technical Report

EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows.

UBS Morning Adviser

Three forces taking turns The Australian dollar weakened during the course of 2013 under the weight of three key forces: