Tag Archives: USD/JPY

The Global Macro Pulse

FX markets have been all about a USD squeeze. EURUSD popped up to 1.2662,

EURUSD: The question is whether this only is short covering ahead of€CB or if the market is changing its

The main event will be the press conference following the ECB meeting.

EUR/USD continued to dip below the Bollinger band base overnight but held above the recent 2014 and 2 year lows.

The pair opened at Y108.89 this morning while euro-yen started at Y137.46,

EUR/USD has broken the strong support areabetween 1.2755 and 1.2662, confirmingpersistent strong selling pressures.

Today’s highlights: AUDUSD’s collapse has extended to retest the .8658 low for the year.

EURUSD: Trend-following tools remain deep in bearish gears, so sell into fading rallies remains a main theme.

AUDUSD underperformed, dropping to 0.8680 before finding support.

In the US focus turns to ISM manufacturing for September.

Fresh 2014 and 2 year lows overnight see immediate focus having shifted to the $1.2465 Aug 28 2012 low with

The pair started H2 of the Japanese fiscal year at Y109.65 and early attention was focused on