Majors
EUR/USD: LONG AT 1.2370 FOR 1.2602; REVISE STOP AT 1.2409
USD/JPY: SHORT AT 117.20 FOR 114.63; STOP AT 118.02
GBP/USD: SELL AT 1.5819 FOR 1.5522 STOP AT 1.5889
USD/CHF: SELL AT .9635 FOR .9530; STOP AT .9685
AUD/USD: SHORT AT .8566 FOR REVISED .8066, STOP AT .8284
USD/CAD: LONG AT 1.1435 FOR REVISED 1.1725; REVISE STOP AT 1.1530
Crosses
EUR/JPY: LOOK TO SELL 147.00/20
EUR/GBP: POSSIBLY BUY
EUR/CHF: SELL AT 1.2032 FOR 1.1971; STOP AT 1.2050
EUR/CAD: BUY AT 1.4445 FOR 1.4735; STOP AT 1.4360
GBP/JPY: POSSIBLY SELL
NZD/USD: LOOK TO SELL
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 regains traction, recovers above 1.0700
EUR/USD regained its traction and turned positive on the day above 1.0700 in the American session. The US Dollar struggles to preserve its strength after the data from the US showed that the economy grew at a softer pace than expected in Q1.
GBP/USD returns to 1.2500 area in volatile session
GBP/USD reversed its direction and recovered to 1.2500 after falling to the 1.2450 area earlier in the day. Although markets remain risk-averse, the US Dollar struggles to find demand following the disappointing GDP data.
Gold climbs above $2,340 following earlier drop
Gold fell below $2,320 in the early American session as US yields shot higher after the data showed a significant increase in the US GDP price deflator in Q1. With safe-haven flows dominating the markets, however, XAU/USD reversed its direction and rose above $2,340.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP.
After the US close, it’s the Tokyo CPI
After the US close, it’s the Tokyo CPI, a reliable indicator of the national number and then the BoJ policy announcement. Tokyo CPI ex food and energy in Japan was a rise to 2.90% in March from 2.50%.