Roberto Jacobs / Blog
NZD/USD to Target 0.6500 in Q3 - Westpac Imre Speizer, Research Analyst at Westpac, notes that the NZD/USD retains negative momentum, targeting sub-0.6700 during the week ahead. Key Quotes “That is mainly a story of markets repricing the Fed, particularly following the hawkish FOMC minutes...
USD/JPY Inches Higher to a Fresh 3-Week High of 110.40 The greenback continues to gain traction against the Japanese counterpart, boosting the USD/JPY pair to a fresh three-week high level of 110.40...
EUR/CHF Could March to 1.15 in 12-Month – Danske Bank EUR/CHF could climb to the 1.1500 region within a year’s view, according to Morten Helt, Senior Analyst at Danske Bank...
Fed June Hike Odds can Rise to 45-50% Before they Stabilise - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that US interest rate markets finally “get the message” that June is live, the market implied probability hitting 30% after the hawkish tone in the FOMC minutes from al...
EUR/USD Decline Limited around 1.1140 – UOB The down move in EUR/USD could struggle to break below the 1.1140 area, suggested analysts at UOB Group. Key Quotes “As highlighted yesterday, extension lower to 1...
Hawkish Fed Shift to Offer More Support for the USD - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the foreign exchange market has remained relatively stable overnight after absorbing the shock from the strong signal sent by the Fed that it plans to resume rate hikes soon...
USD/CHF Now Targets 0.9990/1.0000 – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, spot still targets the 0.9990/1.0000 band. Key Quotes “USD/CHF has maintained upside pressure...
USD/CHF Off Day’s High, Dips to 0.9900 Handle The up-move in the USD/CHF pair seems to take a pause near weekly high level of 0.9922, with signs of minor profit taking moved dragging the pair back to 0.9900 handle...
CAD CPI: What to Expect of USD/CAD Canadian inflation figures for the month of April are due later in the NA session, with market consensus expecting headline consumer prices to have gained 0.3% on a monthly basis, mainly backed by increasing gasoline prices. Core prices are seen rising 0...