Tag Archives: USD/JPY
The Global Macro Pulse
EURUSD and AUDUSD are a touch higher today, rising to 1.3627 and 0.9438 respectively.
UBS Morning Adviser
Downside risks are mounting Australian dollars bears – including ourselves – have been frustrated by
USD/JPY key support broken. A lurking SEK reaction?
EURUSD: Basically all intraday initiatives fails (spikes on both sides)and yesterday were no exception trying lower but
FX Daily
In the euro area German and Spanish HICP will give the first set of information aboutinflation in June.
Daily Market Technicals
EUR/USD continues to hint at a retest of the 200-DMA following the bounce from Thursday’s lows below the 21-DMA ($1.3596).
USD/JPY Analysis
The pair started the session at Y101.73, just under the US high of Y101.80, and slips to a Y101.67 in the first few hours of the session.
We remain long USD
Yesterday BNBP Paribas opted to take partial profit on long USD exposure, closing out its long USD/CHF provision from 0.8044 for a 1.3% gain.
Daily FX Update
The USD is soft as yesterday’s data warns that the economic recovery is fragile even as inflationary pressures build.
Daily Technical Report
EUR/USD continues to grind higher within thehorizontal range defined by 1.3503 and 1.3677.Monitor the test of the hourly resistance at1.3644.
Global FX Strategy – Summer dull
The recent rate cut from the ECB pushed the EUR/USD down. Furthermore, has a dovish Yellen paused the Fed funds repricing which altogether leaves the EUR/USD in a range with
USD/JPY – target 105.50
USD/JPY continues to frustrate bulls as it hovers at key long-term support at its 200 day moving average (MA) – currently at 101.70, notes BNP Paribas.