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Former Japan’s Top FX Diplomat: Tokyo Unlikely to Intervene to Stem Yen Rises Naoyuki Shinohara, an ex-IMF deputy chief and formerly Japan's top currency diplomat crossed the wires last minutes, noting that the Japanese government intervention is unlikely in the fx market to curb a stronger yen...
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Roberto Jacobs, 7 April 2016, 06:32
EUR/USD: Minutes of FOMC Meeting and a Speech by Mario Draghi Today at 18:20 (GMT+2) a head of the US Federal reserve Bank of Cleveland and a member of the FOMC Loretta J. Maester will give a speech...
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Roberto Jacobs, 6 April 2016, 20:42
Less Dovish Minutes Favours EUR/USD's LHS EUR/USD did not quite know what to make of the FOMC minutes and was trading in a narrow range and directionless on the release...
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Roberto Jacobs, 6 April 2016, 20:30
FOMC Minutes Preview, What to Expect of EUR/USD...
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Roberto Jacobs, 6 April 2016, 20:27
FOMC Minutes: Members Split on April Rate Hike Fed officials discussed an April rate hike, but some officials argued against such a move, minutes of the FOMC March 15-16 meeting showed...
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Roberto Jacobs, 6 April 2016, 20:25
Since it hit a new five-month low below 1.2900 late last week on the last day of March, USD/CAD has rebounded to hit a high briefly above 1.3200 resistance as of Tuesday...
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Francis Dogbe, 6 April 2016, 14:52
FOMC Minutes in the Limelight Today – Danske Bank Research Team at Danske Bank, suggests that this afternoon, the minutes from the 15-16 March FOMC meeting are due for release...
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Roberto Jacobs, 6 April 2016, 08:14
AUD and Yellen’s Curse - Rabobank Jane Foley, Research Analyst at Rabobank, sees greater likelihood that US officials may have pressured other central bankers to step back from currency wars rather than attempt to secure an agreement specifically targeting the value of the USD...
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Roberto Jacobs, 6 April 2016, 07:14
Australia: Going with the Flow - ING James Knightley, Senior Economist at ING, notes that the Reserve Bank of Australia (RBA) left policy unchanged, but suggested they continue to have room to act should inflation soften, citing currency strength as a key issue...
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Roberto Jacobs, 6 April 2016, 06:31
AUD: Set to Remain in 0.74 to 0.78 Range for Near-Term - Westpac Research Team at Westpac, notes that the RBA acknowledged the higher currency, but put forward 'some increase in commodity prices' and 'monetary policy developments elsewhere in the world' as driving factors...
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Roberto Jacobs, 6 April 2016, 06:28
Former BOJ Official: Little Possibility of Intervention to Curb Strong Yen In an interview via Bloomberg on Wednesday, Tohru Sasaki, head of Japan markets research at JPMorgan and a former official at the BOJ, said that the BOJ intervention is less likely to restrict the recent yen’s appreciation...
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Roberto Jacobs, 6 April 2016, 06:23
CAD: Hot on the Commodity Bloc – Deutsche Bank Robin Winkler, Strategist at Deutsche Bank, suggests that valuation differentials across the dollar bloc are at all-time highs and the Antipodes are 15% too expensive on PPP while CAD is 5% too cheap...
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Roberto Jacobs, 6 April 2016, 06:21
CAD to Outperform Antipodeans - Deutsche Analysts at Deutsche Bank explained that the valuation differentials across the dollar bloc are at all-time highs. Key Quotes: "The Antipodes are 15% too expensive on PPP while CAD is 5% too cheap...
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Roberto Jacobs, 6 April 2016, 04:40
RBA Acknowledges Stronger AUD but Not Overly Concerned Yet - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the Australian dollar has weakened modestly in the Asian trading session undermined early this week by renewed weakness in commodity prices...
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Roberto Jacobs, 5 April 2016, 15:28
For Kiwi, Focus Is on Dairy Auctions Today New Zealand Dollar, riding on weaker Dollar and recent improved sentiments towards commodities broken above a key resistance around 0.69 area. However that break has so far been short lived as Dollar has snapped back its loss broad based...
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Roberto Jacobs, 5 April 2016, 14:03
FXWIREPRO: NZ IRS Yields Indicate RBNZ to Go Below Existing OCR NZD continues to trade well – in trade-weighted terms, it is at a 6m high. RBNZ has been puzzling in recent monetary policies...
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Roberto Jacobs, 5 April 2016, 09:00
NZD/USD Boosted by US Dollar Weakness – Westpac Imre Speizer, Research Analyst at Westpac, notes that the NZD/USD broke above its six-month old trading range recently, following a dovish speech by Fed Chair Yellen. Key Quotes “The break above 0.6900 technically signals a move to at least 0...
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Roberto Jacobs, 5 April 2016, 08:20 #nzdusd
Fed’s Evans: Two Rate Hikes This Year will be "Appropriate" Speaking in Hong Kong, Chicago Fed President Evans commented on the Fed’s interest rates outlook. Key Quotes: Too early to tell if inflation rebound is sustained Fed rate path will depend on economic data...
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Roberto Jacobs, 5 April 2016, 08:10
Fed Minutes Likely to Echo Dovish Tone of Meeting - BNPP Research Team at BNP Paribas, suggests that the US front-end yields and the USD have failed to capitalise on the stronger than expected US data on Friday...
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Roberto Jacobs, 5 April 2016, 07:53
AUD/USD Jolts Higher to 0.7630, RBA Keeps Rates On-Hold The AUD/USD pair reversed losses and jumped back on the bids after the RBA decided to keep its official cash rate unchanged at a record low of 2.0% at its policy meeting today...
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Roberto Jacobs, 5 April 2016, 06:52