Tag Archives: USD/JPY
The Global Macro Pulse
EUR has declined slightly to 1.372 ahead of today’s ECB meeting while a strong retail sales report spurred the AUD to rally to 0.901. EM Asia FX continued to strengthen with the exception of the THB which fell 0.1%.
UBS Morning Adviser
News flow improves We have previously highlighted the long-term downside risks for
Sell NOK/SEK. Possible break higher in AUD/USD
EUR/USD: Slowly but so far not really convincingly the market hasbacked off from the 2008 top line (55d Bollinger bandshigh). It will in fact take a break of 1.3643 to raise confidenceof a peak in place.
Daily Market Technicals
EUR/USD recovery was contained by the Bollinger band, which drops to $1.3800, as well as by a band of resistance in the $1.3825/41 area, which contains former highs,
USD/JPY Analysis
The pair traded with decent gains this morning after it opened at Y102.32 and euro-yen opened at Y140.49. Dollar-yen edged higher in early trade and then found a stronger boost to
USDJPY – impulsive wave-c rally underway to 103.15/65; 102.86 is key
The rally through 101.39/67 pivots that we posited has confirmed a wave-b low and now prices are rallying towards a target zone between 103.15 & 103.65.
Daily FX Update
Markets are mixed, as FX markets suggest a further moderation in risk aversion and an improving global growth outlook; other asset classes are failing to confirm this,
Daily Technical Report
EUR/USD is showing signs of weakness near itskey resistance area between 1.3832 (25/10/2013high, see also the long-term declining trendline)and 1.3893.
The Global Macro Pulse
USDJPY was supported at 102.2 as US 10y yields continued to trade close to 2.70%. AUD spiked on a better GDP print, but has eased back to 0.896 at the time of writing.
EUR/SEK & EUR (USD)/NOK test supports. Cable trades lower
EUR/USD: The late Feb rise looks impulsive and the decline thereaftercorrectional (and the Mon “Inside Day” did not deliver andmeaningful downside attempt yesterday).
UBS Morning Adviser
US softness and price risks outweigh valuations The Bank of Canada will be thankful that their policy decision may take place amid calmer markets,