Tag Archives: USD/JPY

The Global Macro Pulse

The major currencies have drifted sideways ahead of US payrolls. EURUSD is at 1.2655,

EURUSD: The correction case gained some more credibility yesterdaywith 1) a second day

US non-farm payrolls take centre stage. We expect a rise of 250k, higher than theconsensus estimate of 218k.

Bulls take a little comfort in the euro finding support ahead of the recent 2014 and 2 year lows. O/S daily

The pair was mildly softer this morning as the dollar crept back up off recent lows although the overall gains

Our G10 forecasts have long encompassed a bullish USD theme, so the modifications here are ones of magnitude rather than direction.

The NZD/USD has been the strongest performer out of itspeers over the past 24-hours, sitting at 0.7880 this morning.

EUR/USD: pushed lower by ECB The EUR/USD extended its slide to 1.27, fuelled by expectations of

We sent out a Tech Flash yesterday to highlight a prospective wedge break and prices dropped accordingly.

The pressure is on for today’s press conference by President Draghi and Friday’s nonfarm payrolls release.

Today’s highlights: AUDUSD has held key support at .8674/58 as expected, and

EUR/USD has broken the strong support areabetween 1.2755 and 1.2662, confirming anunderlying bearish trend.