Danske Research Team
Danske Bank A/S
Majors
EUR/USD: SHORT AT 1.2940 FOR REVISED 1.2502; REVISED STOP 1.2666
USD/JPY: LONG AT 108.60 FOR 110.67; REVISED STOP 109.09
GBP/USD: SELL AT 1.6250 FOR 1.6052; STOP AT 1.6345
USD/CHF: LONG AT .9355 FOR .9625, STOP REVISED AT .9480
AUD/USD: SELL AT .8769 FOR .8544; STOP AT .8845
USD/CAD: LONG AT 1.1086 FOR 1.1279; REVISED STOP AT 1.1130
Crosses
EUR/JPY: LOOK TO BUY
EUR/GBP: SHORT AT .7850 FOR REVISED .7737; STOP AT .7860
EUR/CHF: SELL AT 1.2070 FOR 1.2030; STOP AT 1.2095
EUR/CAD: SHORT AT 1.4175 FOR 1.4015; REVISE STOP 1.4200
GBP/JPY: LONG AT 177.80 FOR 182.00; STOP AT 175.95
NZD/USD: SELL AT .7855 FOR REVISED .7670; STOP AT .7915
This publication has been prepared by Danske Bank for information purposes only. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. Whilst reasonable care has been taken to ensure that its contents are not untrue or misleading, no representation is made as to its accuracy or completeness and no liability is accepted for any loss arising from reliance on it. Danske Bank, its affiliates or staff, may perform services for, solicit business from, hold long or short positions in, or otherwise be interested in the investments (including derivatives), of any issuer mentioned herein. Danske Bank's research analysts are not permitted to invest in securities under coverage in their research sector.
This publication is not intended for private customers in the UK or any person in the US. Danske Bank A/S is regulated by the FSA for the conduct of designated investment business in the UK and is a member of the London Stock Exchange.
Copyright () Danske Bank A/S. All rights reserved. This publication is protected by copyright and may not be reproduced in whole or in part without permission.
Recommended Content
Editors’ Picks
EUR/USD consolidates recovery below 1.0700 amid upbeat mood
EUR/USD is consolidating its recovery but remains below 1.0700 in early Europe on Thursday. The US Dollar holds its corrective decline amid a stabilizing market mood, despite looming Middle East geopolitical risks. Speeches from ECB and Fed officials remain on tap.
GBP/USD advances toward 1.2500 on weaker US Dollar
GBP/USD is extending recovery gains toward 1.2500 in the European morning on Thursday. The pair stays supported by a sustained US Dollar weakness alongside the US Treasury bond yields. Risk appetite also underpins the higher-yielding currency pair. ahead of mid-tier US data and Fedspeak.
Gold appears a ‘buy-the-dips’ trade on simmering Israel-Iran tensions
Gold price attempts another run to reclaim $2,400 amid looming geopolitical risks. US Dollar pulls back with Treasury yields despite hawkish Fedspeak, as risk appetite returns.
Manta Network price braces for volatility as $44 million worth of MANTA is due to flood markets
Manta Network price is defending support at $1.80 as multiple technical indicators flash bearish. 21.67 million MANTA tokens worth $44 million are due to flood markets in a cliff unlock on Thursday.
Investors hunkering down
Amidst a relentless cautionary deluge of commentary from global financial leaders gathered at the International Monetary Fund and World Bank Spring meetings in Washington, investors appear to be taking a hiatus.