Tag Archives: USD/JPY
In G-20 Sandbox, G-3 Rangy So Mkt Eyes EM, Commodity FX
In the G-20 currency sandbox, currency pairs such as the euro and dollar-yen have held in tight ranges recently, leaving traders to explore other more volatile choices in emerging markets and commodities.
Daily FX Update
Australia’s softer inflation data, the euro area’s bal-ance of stronger preliminary PMI’s and concerns over a failed Russian bond auction have driven movement in AUD (weakness),
Daily Technical Report
EUR/USD bounced yesterday near the supportat 1.3780. However, bullish rally is weak. Anhourly support is at 1.3780 (22/04/2014 low, seealso the low of the declining channel).
FX Daily Majors
Today’s highlights: AUDUSD has fallen sharply overnight and we continue to look for a topping process following the move to our .9410/.9510 target.
The Global Macro Pulse
In G10 FX, AUDUSD has been the main mover, falling 1% to 0.9285 in response to weaker than expected inflation. EURUSD and USDJPY are little changed at 1.3818 and 102.55.
FX Daily
Today focus will be on global PMIs. We forecast euro manufacturing PMI todecline slightly after it peaked at 54.0 in January.
Daily Market Technicals
EUR/USD continues to find support ahead of $1.3779 with bears needing a close below to confirm a break of the 21-DMA and see focus shift to the $1.3673-1.3722 region where key moving averages and
UBS Morning Adviser
Is NZD going down the AUD route already with its China exposure? Much has been made of the RBA’s China focus over the last few years.
USD/JPY Analysis
JPY opened at Y102.61 this morning while euro-yen started at Y141.66. Early morning action was subdued, with dollar-yen content to stay within a Y102.56 to Y102.65 range until the start of the Japanese stock market.
Daily FX Update
The USD is generally weaker leading into the NA session; however news flow has been light and markets are generally trading with recent ranges.
FX Daily Majors
Today’s highlights: GBPUSD holds in a high level range just below 1.6822/43. However, we stay bullish for a break higher to 1.6875, then the 1.7044 peak.
Daily Technical Report
EUR/USD has thus far unable to catch a properbid the mid-term uptrend defines. Therefore, inthe short term is moving within a falling channel. An hourly support is at 1.3780 (09/04/2014 low,see also the low of the declining channel).