Tag Archives: USD/CAD
Daily FX Update
Markets are mixed leading into today’s ECB pressconference and tomorrow’s nonfarm payrolls report. Soft inflation datafrom China weighed on growth sensitive currencies (CAD and AUD) inthe Asian session;
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
FX Daily Majors
Today’s highlights: USDCAD approaches the 1.0854 2010 peak. We allow for an initial hold here, but expect an eventual break higher to confirm a much larger base, for 1.1234.
UBS Morning Adviser
Critical Mass Approaching The new year is just over a week old, but already a confluence of factors are falling into place in support of the US dollar.
Daily FX Update
The USD is strong leading into the ADP employmentreport and Fed minutes. Christine Lagarde suggestion that the IMF willbe revising its global growth forecasts higher from the current 3.6% in2014 did little to support markets.
US Morning Update
The lack of aggressive follow-through within the FX options market is noteworthy. This sluggish activity is despite the speed of the move lower in the CAD.
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
Weaker CAD & CHF noted. Looking for a EUR/JPY sell.
EUR/USD: Judging by price action the market remains in aconsolidation/correction in relation to the most recent sharpdrop. This means that another leg lower should materialize.
Daily FX Wrap and Strategy
The NZD/USD has traded approximately a 0.8260-0.8300range over the past 24-hours, sitting just above 0.8280 atpresent.There were no domestic data releases yesterday,
Daily FX Update
Markets are mixed with stronger equities, US 10‐years at 2.96% and a mixed USD. Today’s trade data and two non‐voting dovish Fed speakers
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.