Tag Archives: USD/JPY
UBS Morning Adviser
Dollar primed for a major rally in the coming months During last week’s FOMC meeting, Fed Chair Yellen implied that the first hike to
FX Daily
The main focus will be the release of the flash PMIs. In the euro area we expect thecomposite PMI to have declined slightly to 53.1 in March from 53.3 in Februarydriven by a drop in the manufacturing PMI,
Daily Market Technicals
The correction lower from ahead of the $1.3948-66 region Thursday saw the EUR/USD break and close below the rising daily channel base and 21-DMA with the
USD/JPY Analysis
The pair got an early lift from initial losses in yen crosses this morning and dollar-yen was pulled down to a Y102.10 low after opening at Y102.14, while euro-yen dipped to Y140.87 after opening at Y141.03.
Daily FX Update
The market catches its breath as it digest further sanctions on Russia, re‐evaluates Chair Yellen’s comments, struggles to understand weaker CNY PBoC fixings and the ending of an important week.
FX Daily Majors
Today’s highlights: USDCAD is consolidating gains, but we stay bullish for 1.1479, then our core medium-term target at 1.1666/1766.
Daily Technical Report
EUR/USD has broken the support implied byits rising channel, invalidating the uptrend inplace since February. The short-term technicalstructure is negative as long as prices remainbelow the resistance at 1.3845 (20/03/2014 high).
The Global Macro Pulse
The dollar is mixed against the G10, but stronger against most EM Asia currencies other than the INR. AUDUSD outperformed, rallying to 0.9062 while EURUSD is up marginally at
UBS Morning Adviser
Topped out at 1.40? The familiar drivers of euro strength seem to have met their match in
FX Daily
On a very quiet day on the data front, markets will continue to digest the news overthe week with a surprisingly hawkish Fed and
Daily Market Technicals
The correction lower from ahead of the $1.3948-66 region saw the EUR/USD break and close below the rising daily channel base and 21-DMA, confirming bearish focus.