Tag Archives: USD/NOK
Risk aversion noted – bonds & oil up, stock down
EUR/USD trades cautiously lower into the support zone at/around the 1.35-mark. GBP/USD tests support in the high/mid-1.70s once more.
EURUSD & EURJPY extends the decline. NOKSEK breaks 1.1045
EUR/USD tests the 1.3526/1.3503 support zone. The yearly low at 1.3477 is a medium-term key ref to keep in mind.
EUR/USD should extend losses into the low – 1.35s
EUR/USD is targeting the low-1.35s now. EUR/GBP looks staged to seriously test trendline support at 0.7900.
Weekly Report
Is current US monetary policy “too easy”? A recent study by Wu & Xia gains traction in discussions on Fed and
USD/JPY key support broken. A lurking SEK reaction?
EURUSD: Basically all intraday initiatives fails (spikes on both sides)and yesterday were no exception trying lower but
Global FX Strategy – Summer dull
The recent rate cut from the ECB pushed the EUR/USD down. Furthermore, has a dovish Yellen paused the Fed funds repricing which altogether leaves the EUR/USD in a range with
US Yields Drop Sparks Risk Aversion: Something Is At Work?
The sharp drop in longer-term U.S. Treasury yields, seen in recent sessions and again Thursday, has sparked risk aversion in other asset classes, with the dollar tumbling versus most majors, and commodity and stock prices falling.
Comeback for the greenback. More NOK losses seen.
EUR/USD: Once the 1.3879 support gave way the market acceleratedits decline and continued down to the 2011 top line beforehalted.
Sell €/$. Buy USD/NOK. Stronger yen in the pipe.
EUR/USD: Yesterday’s up-thrust peak (false break above a well definedtop resistance) outside the Bollinger bands has created anequally high probability bearish setup late Dec.
Weak USD. EUR/GBP upside progress. Kiwi testing next resistance
EUR/USD: Correction completed and a fresh high added and bulls aresmiling – and may do so for a while yet since ~1.40 lieswithin reach before stretching it again.
BNP Paribas: Major Currencies Forecasts
The following are BNP Paribas’ latest forecasts for major currencies.
All together now
Repeat after me: 10-year rates will rise and the dollar will advance in 2014. That seems to be the near unanimous chorus from Bloomberg analysts judging by the forecasts on FXFC <GO> and ECFC <GO>, respectively.