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Pound Rises As U.K. GDP Revised Up The British pound strengthened against the other major currencies in the early European session on Thursday, after data showed that the U.K. economy expanded more than previously estimated in the fourth quarter...
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Roberto Jacobs, 31 March 2016, 12:28
USD Continues to Suffer - Investec Research Team at Investec, suggests that yesterday currency markets enjoyed a 'risk on' feel as the US Dollar continued to suffer in the aftermath of Fed Chair Janet Yellen's cautious rhetoric on Tuesday...
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Roberto Jacobs, 31 March 2016, 11:44
JPY: Q2 Theme will be Further Unwinding of Yen Strength - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that this morning’s weekly Japanese securities investment data reinforce his view that one Q2 theme will be some further unwinding of yen strength...
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Roberto Jacobs, 31 March 2016, 09:40
Expect Downward Pressure on the JPY Going Forward - NAB Research Team at NAB, notes that the Japan’s foreign exchange reserves remain high, and at USD1.25 trillion are the second highest in the world, after China...
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Roberto Jacobs, 30 March 2016, 09:33
JPY: Impact on Economy of Strong Yen – Nomura FX strategy team at Nomura, had lowered its end-2016 USD/JPY forecast to 122, from 130...
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Roberto Jacobs, 30 March 2016, 08:53
Investors returned to the big banks to push up the local market, after the dovish comments from US Federal Reserve Chair Janet Yellen overnight. The ASX 200 was up 42 points in early trade, or 0.8%, at 5047, while the All Ordinaries was up 41 points at 5117...
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Francis Dogbe, 30 March 2016, 07:26
Dollar Weakening After Yellen Stresses Need For Caution The dollar is losing ground against all of its major rivals Tuesday afternoon. The U.S. currency began to weaken after Federal Reserve Chair Janet Yellen's highly anticipated speech to the Economic Club of New York this afternoon...
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Roberto Jacobs, 29 March 2016, 20:50
CNY: Tail-sizing – Deutsche Bank Research Team at Deutsche Bank, tries to answer the question that how large was the tail on Chinese growth and FX now. Key Quotes “Some suggested China was not the main tail risk for markets anymore, rather it was Europe (refugee crisis, Brexit, terrorism...
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Roberto Jacobs, 29 March 2016, 14:04
EUR/JPY: Bulls Eyeing March 11 High Offered tone around Yen continues to gather pace, with EUR/JPY cross looking poised to test key technical hurdle of 127.29 (Mar 11 high). European stocks rally, weigh over EUR The cross appears to have lost steam as it approached 127...
Currency
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Roberto Jacobs, 29 March 2016, 12:03
Yen on Worst Losing Run Since 2012 Against Dollar Yen is on its worst losing stretch against Dollar, since 2012. Over past eight trading session, it has depreciated against Dollar by about 2%. Last time Yen lost that much is when, in 2012 Yen declined about 2...
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Roberto Jacobs, 29 March 2016, 10:27
Dollar Attempting A Comeback From Early Weakness The dollar dropped against its major European competitors Monday morning, but has begun to pare those losses this afternoon. Markets in Europe are closed today for the Easter holiday and U.S. economic data was largely positive this morning...
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Roberto Jacobs, 28 March 2016, 21:08
USD/CAD Trims Losses as Oil Drops Oil benchmarks surrendered gains, helping the USD/CAD recover from the session low of 1.3229 to trade around 1.3250 levels. Eyes US data The immediate focus now is on the US data, which is expected to show personal spending and income growth slowed in February...
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Roberto Jacobs, 28 March 2016, 13:30
USD Seen Picking Up Pace – BBH In the opinion of analysts at BBH, the greenback is expected to gather further traction in the next periods. Key Quotes “One of technical factor that emerged last week was the beginning of the correction of the dollar's losses”...
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Roberto Jacobs, 28 March 2016, 12:09
EUR/USD Wobbles Near 1.1170, US Data Eyed The common currency is looking to extend the rebound from overnight troughs vs. the dollar, now sending EUR/USD to the 1.1165/70 band...
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Roberto Jacobs, 28 March 2016, 09:59
USD Underpinned by Renewed FED Hike Expectations The Dollar index recovered to 96.142 last Friday from its low of 94.578 on 18 Mar, due to renewed Fed hike expectations...
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Roberto Jacobs, 28 March 2016, 05:18
Currency Wars Have Proven Futile in the Post-Crisis Era – Deutsche Bank Gautam Kalani, Research Analyst at Deutsche Bank argues that currency wars have proven futile in the post-crisis era...
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Roberto Jacobs, 25 March 2016, 09:27
CAD: Outperforming Loony – SocGen Alvin T. Tan, Research Analyst at Societe Generale, suggests that the Canadian dollar has been among the top performers year-to-date and the chief driver of that performance is the rally in crude oil prices coupled with the improvement in risk sentiment lately...
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Roberto Jacobs, 25 March 2016, 09:22
Sterling Takes a Pounding – SocGen Alvin T. Tan, Research Analyst at Societe Generale, suggests that the Sterling has been the G10 laggard this quarter amid mounting Brexit risks and the downward pressure is likely to intensify as we get closer to the referendum date in late June...
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Roberto Jacobs, 25 March 2016, 09:11
USD/JPY: Expect BoJ to Cut by 20bp in April – Danske Bank Research Team at Danske Bank, notes that the Japanese GDP contracted 0.3% q/q in Q4 15, and they see a high risk of a technical recession in Q4-Q1 with yet another negative growth rate in Q1. Key Quotes “Inflation printed at 0...
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Roberto Jacobs, 25 March 2016, 06:54
Forex - Yen Weaker after CPI Comes in Flat for February Investing.com - The yen traded weaker in Asia on Friday with some markets closed to mark Good Friday in a thin trading day. USD/JPY changed hands at 113.06, up 0.14%, while AUD/USD eased 0.04% to 0.7526...
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Roberto Jacobs, 25 March 2016, 06:27 #forex