Roberto Jacobs / Blog
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...
JPY: G7 Meeting in Focus – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has weakened modestly in the Asian trading session ahead of the G7 meeting of finance ministers and central bank officials in Japan...
EUR/JPY Takes-Out Thursday’s High, What Next? The EUR/JPY cross is currently consolidating the upside as we head into the mid-European session, receiving double booster shot from strong gains seen in both the EUR/USD and USD/JPY. EUR/JPY: 124 handle now inevitable The EUR/JPY pair now advances +0...
GBP/USD Drops to Lows Around 1.4550 The Sterling is not smiling anymore, at least not today, as GBP/USD has now dipped to session lows in the mid-1.4500s...
European Bonds Mixed in Quiet Trade The European bonds trade mixed on Friday as investors receives no more important data or events for the direction on the last day. On the contrary, future course in bond prices are likely to be ruled by the movements in the crude oil market...
German Bunds Flat in Thin Trade The German bunds traded flat on Friday, succumbing to thin trading activity as market receives no more important data or events on the last day. On the contrary, future course in bond prices are likely to be ruled by the movements in the crude oil market...