DB Macro Pulse Index: EUR and GBP MPI turn positive – Deutsche Bank

FXStreet (Barcelona) - Daniel Brehon of Deutsche Bank, shares the performance of FX using DB’s Macro Pulse Index.

Key Quotes

“Surprises from EUR and GBP reversed into positive territory over the latest week. Surprises from USD and JPY remained within negative territory.”

“Negative surprises from both USD and CHF fell over the past week. CHF surprises have recovered significantly and are the highest since May 2014.”

“Meanwhile JPY and CAD saw an increase in negative surprises.”

“Positive surprises from NOK and SEK grew over the last week while AUD witnessed a decline.”

AUD/USD nearest support at 0.7625 – OCBC

Emmanuel Ng of OCBC Bank, notes that with AUD/USD expected to remain in doldrums intra-day, the nearest support to break for the pair is 0.7625, before moving lower towards 0.7600.
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USD/JPY set to see 120.75/85 – Kshitij Consultancy

Analysts at Kshitij Consultancy, give the technical outlook for USD/JPY and EUR/JPY, expecting the former to see 120.75-85 levels.
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