Tag Archives: USD/JPY
UBS Morning Adviser
PBOC will remain active in China rates market, but volatility will persist As financial reform in China continues, the People’s Bank of China (PBOC) faces the challenging task of a smooth transition in interbank and FX markets.
FX Daily
Today’s calendar is fairly light in terms of data releases. In the US University ofMichigan consumer confidence for April is due for release. We expect it to havedeclined to 78.5 from 80.0 in March,
Daily Market Technicals
The euro continues to find support in the 1.3779-00 region with EUR/USD having again bounced from this region Thursday. Bulls continue to look for a close above $1.3863 to
USD/JPY Analysis
The pair started the session today at Y102.32 and was initially held in a narrow Y102.18 to Y102.33 range in early trades. Initial attention was on Japanese CPI data,
Daily FX Update
Markets are adding to risk positions into the NA open as earnings continue to suggest that global growth is improving (Caterpillar raising outlook, GE, Facebook & Apple beat, etc).
The Global Macro Pulse
The dollar is generally flat except against the NZD which rallied following the RBNZ statement. NZDUSD rallied to a high of 0.8637 following the statement,
Daily Technical Report
EUR/USD bounced yesterday near the supportat 1.3780. However, bullish rally is weak. Anhourly support is at 1.3785 (22/04/2014 low, seealso the low of the rising channel).
UBS Morning Adviser
Focus Sharpens on Portfolio Flows Foreign investors were net buyers of Japanese stocks last week,
Stronger yen and lower AUD/NZD
EUR/USD: The market remains rangebound. Support near a weeklymid-body point (1.3790) seems solid and upside attemptsare repeatedly responded to. Outside 1.3785\1.3865 isneeded to show a tilt.
FX Daily
German IFO expectations are due for release and we expect a decline for a thirdconsecutive month although the level is set to remain high.
Daily Market Technicals
EUR/USD bounced from ahead of the 21-DMA, only to remain capped ahead of the key $1.3863 resistance level O/N. Bulls continue to look for a close above $1.3863 to end bearish hopes and
USD/JPY Analysis
JPY opened at Y102.53 while euro-yen started at Y141.67. Dollar-yen bounced off Y102.44 twice in early dealings but was held up while yen cross also stayed firm amid reports of decent two-way interest in dollar-yen and other yen crosses.