Tag Archives: USD/JPY

FX: speak week

Friday’s payrolls does not change USD short term outlook, but need a blessing from Yellen this week. Will ECB attack EUR on Thursday? Less important data, more talk this week.

Weekly Economic & Financial Commentary

U.S. Review Farewell to Winter Weather Woes · Nonfarm payrolls bid adieu to the sluggish pace of employment growth during the winter months.

Weekly Report

Ultra-low volatility With tensions in the Ukraine mounting, the US federal reserve preparing to

Daily FX Update

Markets are quiet leading into nonfarm and what is for many a long weekend. Equities are flat, the U.S. 10‐year yield is at 2.62%, the USD is generally flat but favouring strength,

Daily Technical Report

EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. The technical structureremains supportive as long as the support at1.3780 holds.

UBS Morning Adviser

Sovereign interest supportive Widening trade and current account surpluses have conspired to push USDKRW to a new 5½ year low.

FX Daily

The key event will be the US employment report for April (14:30 CET). We lookfor a solid rise of 220k in non-farm payrolls,

Daily Market Technicals

The move higher continues to stall ahead of the $1.3905 Apr 11 high with the relatively bearish close Thursday of some concern to bulls.

USD/JPY Analysis

The pair started this morning at Y102.33 after last night’s Y102.17 to Y102.37 range in the US, and initially hovered in the Y102.30 region through the early hours of the session.

Daily FX Update

European currencies are strong others are flat as the market digests what has generally been growth supportive developments this week. A non‐event Fed meeting,

EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. The rebound near the keysupport at 1.3780 (09/04/2014 low) has pushedprices close to the top of the recent range.Monitor the resistance at 1.3906.

UBS Morning Adviser

Yesterday onshore USDCNY crossed 6.2650 intraday; 1.74% above fixing Until recently USDCNY spot has stayed slightly above 1% from official fixing,