Forex Flash: EUR/USD break below 1.3270 opens up 1.3187 - UBS

According to UBS FX Strategy team: “There is strong support at 1.3270,” for EUR/USD, the analysts say, adding: “Only a closing break below this would trigger deeper sell-off to 1.3187,” while “Resistance is at 1.3393 ahead of 1.3520,” the team concludes.

Feb 19, 2013

Forex: GBP/USD unable to close weekly opening gap below 1.55

Little changed since early weekly start with a gap down to current quote at 1.5472, Cable has been moving in between fresh 7-month lows 1.5437, and weekly highs at 1.5508 for the time being, unable to close the gap lower so far. London session ahead will offer a blank economic agenda Pound related, eyeing Wednesday's BoE minutes and UK Claimant count change as next key risk events ahead for the pair, that is down -4.86% since year started.

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Feb 19, 2013

Forex: EUR/USD around 1.3355/60, ZEW eyed

The bloc currency is trading almost unchanged from Monday’s close, hovering over the mid 1.3300s ahead of the German/EMU ZEW Survey. Prior estimates expect the series to improve in both its components, Economic...

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