Tag Archives: USD/CHF
FX Daily Majors
Today’s highlights: USDJPY above the 103.74 high maintains a bullish outlook for our 105.60/106.00 next target, and eventually 110.60/111.60.
The Global Macro Pulse
The EUR edged down to a two-week low of 1.3657. AUD, NZD and CAD also fell. AUDUSD dropped to 0.882 and NZDUSD traded lower to 0.818, despite a much better than expect NZ GDP release.
UBS Morning Adviser
Shifting the Guidance Burden The Fed has spoken – taper and begin advancing the policy debate away from QE.
Daily Technical Report
EUR/USD remains well supported as can beseen by the potential short-term symmetricaltriangle, which usually acts as a continuationpattern. An horizontal resistance stands at 1.3811(11/12/2013 high).
UBS Morning Adviser
Corporate Japan Emboldened Two days ago we reported that portfolio investment abroad by Japanese investors is running well behind schedule this fiscal year.
Daily Technical Report
EUR/USD remains well supported as can beseen by the bounce from the low at 1.3709. Anhourly resistance stands at 1.3811 (11/12/2013high). Supports now stand at 1.3709 and 1.3621.
UBS Morning Adviser
Stagnation Already Secular? As we head into this year’s final FOMC, we should not forget that the Fed’s forward guidance,
Daily Technical Report
EUR/USD continues to consolidate close to therecent 1.3832 high. Strong resistance isexpected close to current levels. However, if abreak over 1.3832 can be achieved this wouldopen up a return to the 1.4000 region.
FX Daily Majors
Today’s highlights: * AUDUSD spotlight turns to the year’s lows at .8892/48. We allow for an initial hold here, but look for an eventual break lower to .8675.
The Global Macro Pulse
The US Treasury 10y yield fell 2.6bp on the Asian open to 2.838%. This helped push EURUSD higher to 1.3760, and USDJPY lower to 102.80. NZD also edged higher to 0.824 while AUD was largely stable at 0.896,
UBS Morning Adviser
Yen-Based Investors Mobilising Japanese investors were net buyers of foreign bonds for the ninth consecutive week in early December.