Tag Archives: USD/CHF
UBS Morning Adviser
The Bank of Japan is likely to ease policy further in April, but investors haveonly just begun to position for this outcome. So we raise our USDJPYforecasts to 103
FX Daily Majors
Today’s highlights: * USDJPY above 100.62 should reinforce a bullish “triangle” story for 101.54/61, then back to 103.10.
Daily Technical Report
EUR/USD has broken its short-term risingtrendline, suggesting the end of the recentrebound. A new phase of weakness is favoured.An hourly support lies at 1.3390 (13/11/2013 low).
UBS Morning Adviser
Yen Pointers From Nikkei The ‘big’ GPIF announcement has come and gone, and USDJPY watchers are still none the wiser as to when the big structural reforms can materialise.
Daily Technical Report
EUR/USD has breached the resistance at1.3548 (see also the broken rising channel), buthas thus far failed to hold above it, suggesting apotential false breakout.
UBS Morning Adviser
Fed Chair Bernanke overnight mostly reiterated the message from the Sept 18post-FOMC press conference, and the dollar sold off briefly before recovering.
Daily Technical Report
EUR/USD continues to grind higher afterhaving successfully tested its recent low at1.3296 (see also the 50% retracement). Monitorthe test of the resistance at 1.3548 (see also thebroken rising channel).
FX Daily Majors
Today’s highlights: * EURUSD correction extends, but we still look for an attempt to try and turn lower again from 1.3548/68.
UBS Morning Adviser
Equities Now Supporting CAD The Canadian dollar has been a key beneficiary of foreign inflows over recent years,
The JPY under pressure in the short-term
The euro resumed its ascent against all G10 currencies last week, one week after the interest rate cut by the European Central Bank (ECB) and in addition to the EUR/USD returning to 1.346.
New Financial Forecasts
Norway: We expect Norges Bank to cut rates by two times 25bp next summer. There will however not be any such signals at the upcoming MPC meeting in December.
Daily Technical Report
EUR/USD continues to grind higher afterhaving successfully tested its recent low at1.3296 (see also the 50% retracement). Aresistance stands at 1.3548 (see also the brokenrising channel).