Tag Archives: USD/JPY

Weaker SEK & EMs, lower USD/JPY and possibly higher EUR/GBP

EUR/USD: Nothing new. 1.3785 or 1.3865 has to be broken to show atilt.

UBS Morning Adviser

Basis swap landmark reached for euro, but is resilience now a hindrance? Last week the 1y EUR/USD basis swap traded above zero for the first time post crisis.

FX Daily

We get a quiet start to a very busy week. Only release of interest today is the USpending home sales for March, which normally leads existing home sales by one totwo months.

Daily Market Technicals

EUR/USD continued to find support in the 1.3779-90 region last week while struggling topside ahead of the key $1.3863 resistance. Bulls continue to look for a close above $1.3863 to

A subdued morning for the JPY today ahead of the start of Golden Week holidays in Japan. Markets will be closed on Tuesday and on May 5 and 6. Dollar-yen opened at Y102.19 while euro-yen started at Y141.38.

Weekly Economic & Financial Commentary

U.S. Review No Signs Yet of Spring in the Housing Market · Data on home sales released this week show that the housing market continues to

USDJPY – breaks 102.20 after completing 50%, wave-(2) correction

We “favored a break of 102.19/16 and then continued move lower” and that is unfolding. This comes after prices retraced 50% of the fall from 104.13-101.33.

Daily FX Update

Markets are shockingly quiet considering building Ukraine risk aversion into the weekend; accordingly equities are soft, the US 10‐year is back down to 2.66%,

Daily Technical Report

EUR/USD has further recovered off supportat 1.3780. However, bullish rally is weak. Neartermsupport is located at 1.3785 (22/04/2014low, see also the low of the rising channel).

FX Daily Majors

Today’s highlights: NZDUSD stages a bearish “outside day” reversal keeping the spotlight on key “neckline” support at .8537/14. A break here though remains needed to complete a top.

The Global Macro Pulse

AUDUSD and USDJPY are flat at 0.9269 and 102.37 respectively while EURUSD moved slightly higher to 1.3832. Most EM Asia currencies weakened against the dollar at the open,

Weaker SEK in the offing and so is a stronger yen

EUR/USD: The pair is just getting whipsawed around inside range.Keep watching 1.3785 & 1.3865 for directional leads.