Roberto Jacobs / Blog
USD: Is the Currency Oversold? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the futures are implying a stronger risk of a US rate hike this year on the back of yesterday’s slew of hawkish commentary from Fed officials...
EUR/USD: Bounce Limited, Downward Risk Prevails EUR/USD Current Price: 1.1283 The dollar traded broadly higher across the board during the Asian session, fueled by hopes that upcoming FOMC's Minutes will shed some light over the upcoming US rate hike, and whether if June remains on the table...
Short Covering Lifts GBP/USD Beyond 1.4550 Level A sharp short squeeze rally assists the GBP/USD pair to break through the 1.4530-40 resistance and climb higher to 1.4564 as the 'Remain' camp hold their lead in the latest poll results...
USD/CAD in Highs Closer to 1.3000 The greenback is trading on a firmer footing vs. its Canadian counterpart on Wednesday, with USD/CAD posting peaks above 1.2980...
GBP/JPY Seems to Build on to Its Strength above 159.00 Handle Extending its bid tone through the European trading session, the GBP/JPY pair got a boost from the latest 'Brexit' polls results, lifting the pair to 159.00 handle...
Can Japanese Policy Weaken JPY? – Nomura Research Team at Nomura, suggests that after the sharp JPY depreciation owing to disappointment from the BOJ, USD/JPY has stabilised around 109, the level before expectations of a BOJ easing increased because of a media report...
EUR/USD Off Lows, Retakes 1.1280 ahead of FOMC The shared currency keeps the negative tone today, with EUR/USD meandering around the 1.1280/85 band ahead of the FOMC minutes. EUR/USD attention to FOMC The pair has managed to rebound from earlier lows in the mid-1...
EUR/GBP Nose-Dives to a Fresh Three-Week Low The EUR/GBP pair extended its slide further below 0.7800 handle after the latest 'Brexit' poll results showed 'Remain' camp holding their lead...
What to Watch Out in Today's FOMC Minutes Today, Federal Reserve Open Market Committee (FOMC) will release minutes of its April meeting, which is the biggest event risks for Dollar based pairs. Today’s minutes is of particular interest to have a feel, which camp within FOMC gaining momentum...