EUR/USD short-term rate divergence
Mar 31, 2015 10:13 am UTC| Technicals
5bp narrowing US/German 2 yr spread during EUR/USD fall from 1.1052 Mar 26 79bp is low/narrowest since FOMC Further spread tightening surely to question short term EUR/USD downside Modest CPI uptick EZ/German fuel...
USD/CAD rise to threaten 1.2757 (Mar 19 high)
Mar 31, 2015 09:50 am UTC| Technicals
WTI at USD 47.60/barrel,110 centslower on the day 1.2705 (Mondayhigh) is now a USD/CAD support point Canada Jan GDP data in focus due 1230GMT. -0.2% f/c BOC Governor said Q1 "will look atrocious...oil shock is big...

AUD/USD finding support below 0.7600
Mar 31, 2015 09:43 am UTC| Technicals
0.7591 low fm Mar 18 pressured. 0.7561 6 year low fm Mar 11 Next support at 0.7241 monthly low from May 2009 Also the 76.4% of the 2008/2011 0.6007/1.1081 move at 0.7204 Almost completed the full retracement of the...

USD/CAD continues moving north
Mar 31, 2015 08:51 am UTC| Technicals
Pair continues moving higher as the underlying bias remains with the bulls Daily close above the kijun line suggests bullish setup Possibility seen for a retest of 1.2835 - 2015 high posted on Mar...
GBP/USD boosted by upward revision to UK Q4 GDP
Mar 31, 2015 08:47 am UTC| Technicals
Pair inflated byunexpected upward revision to UKQ4 GDP growth Previous estimates stood at 0.6%q/q 3.0% y/yvs 0.5% 2.7% 1.48 was knee-jerkcable high post datavs 1.4755 pre-data low UKQ4 current ...
AUD/USD supported by corporate demand
Mar 31, 2015 08:24 am UTC| Technicals
AUD/USD slide somewhat halted by corporate demand at 13-day low of 0.7597 More bids seen at 0.7580 (0.7573 = Mar 12 low) Aussie hurt by falling iron prices rising expectations of RBArate cut in...

Mar 31, 2015 08:19 am UTC| Technicals
Short stopped as pair rises through the 10 DMA Market has been capped by falling average since breakdown from 1.0069 Looking at the retracements of the 1.0128/0.9491 fall Pair has probed through the 38.2%...