Tag Archives: USD/CAD
Morning Report
Asian markets are mildly flower following release of a batch of Chinese data. Japanese Nikkei, Hong Kong HSI, Shanghai SSE and Singapore Strait Times are all trading in negative territory at the time of writing.
US Morning Update
Once again, we’re pretty much looking for the recent ranges in USDCAD to hold, at least ahead of the key US data this afternoon: 1.090/20 on the downside and 1.0960 on the topside.
Daily FX Update
Leading into a US long weekend and Davos marketsare relative quiet and favouring risk. The USD is mixed with most currenciesbeing driven by domestic stories.
Daily Technical Report
EUR/USD has thus far failed to significantlyretrace its decline from the peak at 1.3893. As aresult, a test of the recent low at 1.3549(09/01/2014 low) is favoured.
FX Daily Majors
Today’s highlights: USDCAD is conducting a high-level consolidation, but the trend stays higher for 1.1234 next then 1.1666/1727.
UBS Morning Adviser
Governments are looking at generating inflation too Combating deflation is a global priority, but developments in national labour markets have been at the forefront of such structural headwinds for prices.
Daily FX Update
The USD is strong leading into the NA open as other markets are relatively quiet. Yesterday’s data was encouraging and has supported some upward USD pressure;
Daily Technical Report
EUR/USD has thus far failed to significantlyretrace its decline from its peak at 1.3893.Yesterday’s weakness favours a test of the recentlow at 1.3549 (09/01/2014 low).
FX Daily Majors
Today’s highlights: AUDUSD has collapsed lower overnight and we stay bearish for medium-term channel support at .8720, and ideally .8675.
UBS Morning Adviser
Cross-asset confidence supporting risk The FOMC’s December taper should have been the event which would signal the end of secular declines in FX volatility.
Daily FX Update
Markets are active into the NA session; with abroadly weak USD juxtaposed against stronger equities and a US 10year yield at 2.9%.