Tag Archives: USD/CAD
UBS Morning Adviser
Eurozone improvement is an opportunity and a threat As periphery yields continue to decline, Eurozone-exposed economies such as the Nordics and
Daily FX Update
The USD is mixed and relatively quiet leading intothe NA session with the US 10‐year yield hovering around 3%. This is thefirst full week of the year and includes significant data and central bankrisk.
Daily Technical Report
EUR/USD has broken the support at 1.3621.Coupled with the false breakout of the keyresistance area between 1.3811 (11/12/2013high) and 1.3832, a medium-term double-top islikely underway.
UBS Morning Adviser
Although the euro failed to start 2014 on a strong note, it was a different story forperiphery bonds. As of the European close on Friday January 3rd, the spread betweenthe 10-year papers of Spain and
Daily FX Update
After global manufacturing PMIs generally supportedan environment of improving global growth most markets are firmer today,with a weak USD and US yields hovering close to 3%. FX vol is creepingslowly higher,
Daily Technical Report
EUR/USD is currently trading close to the38.2% retrace of the 1.3296 – 1.3893 rise. Scopeis seen for a fresh leg higher from the currentregion to retest the 1.3900 zone.
Daily FX Update
The USD is strong in generally quiet holiday trading.China’s PMI came in at 51, slightly below both expectations of 51.2 andNovember’s release of 51.4; but still in expansionary territory.
Daily FX Update
EUR is the sole underperformer heading into the NA session, down 0.2% as all of the remaining currencies are up vs the USD. AUD is outperforming, followed by NZD and SEK as JPY, GBP and CAD show moderate strength.
Daily Technical Report
EUR/USD continues to exhibit a bullish dailystructure following its peak last Friday at 1.3893,just shy of a multi-month falling trend line. Weanticipate a further swing higher to retest the1.3900 region,
Daily FX Update
SEK is outperforming, up over 0.6% following the release of stronger than expected retail sales figures, while NOK and AUD show moderate gains as the remaining G10 currencies remain flat vs the USD.
Daily Technical Report
EUR/USD peaked at 1.3893 last Friday, just shyof a multi-month falling trend line. Scope is nowseen for a further swing higher to retest this keyarea of resistance once again where supply isanticipated.