Roberto Jacobs / Blog
GBP Rally Supported Partly by Big Lead for ‘Remain’ Camp – Danske Bank Research Team at Danske Bank, notes that the GBP rallied sharply last week supported partly by big lead for ‘remain’ in biased phone polls...
EuroDollar Net Shorts Reduced – Deutsche Bank Research Team at Deutsche Bank, lists down the commitments of traders report for the week ended on Tuesday, May 17, 2016. Key Quotes “Interest Rates: Speculators decreased their net shorts in Eurodollar and Treasury futures by $4.3 billion to -$51...
German/Eurozone Flash PMIs Preview: What to Expect of EUR/USD? Having taken-out Friday’s high near 1.1240 in the last hour, the EUR/USD pair consolidates the upside amid broad based US dollar weakness. The major manages to hold 5-DMA support at 1...
CAD: Gasoline Prices Pushed Inflation Higher in April – RBC Economics Research Team at RBC Economics, notes that the Canada’s consumer prices rose 0.3% in April, matching market expectations and pushing the annual rate of inflation up to 1.7% from 1.3% in March. Key Quotes “Core CPI rose 0...
USD/JPY: Bears Take Control in Tokyo Below 110 Handle USD/JPY has dumped in Tokyo from 110.20 down to a low of 109.85 so far...
Leveraged Funds Reduced Short USD Positions - ANZ The ANZ Team shares summarizes the latest positioning data for the week ending 17 May 2016, noting that Leveraged funds continued to be short for the USD for a fourth straight week, although these short positions were reduced by USD0...
FxWirePro: NZD/USD Holds Cloud Support, Targets 50-DMA at 0.6832, Good to Buy Dips NZD/USD is extending recovery from 2-month lows at 0.6709 hit on 19th May and is attempting to retake the 0.68 handle. The pair has broken above 5&10 DMAs and is on track to test 50-DMA at 0.6832...
Guide to Today's Important Data and Events Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Data released so far – Japan – Nikkei manufacturing PMI weakened to 47.6 for May. Upcoming –...
AUD/USD: Buyers in Control, 200-DMA a Whisker Away Having found solid support near 0.7220 region in early trades, the AUD/USD pair extends its recovery phase from multi-week troughs and now looks to regain 200-DMA amid broad based US dollar weakness...