Roberto Jacobs / Blog
USD Looks Constructive Medium Term – Westpac Strategists at Westpac argued the outlook for the greenback remains constructive in the medium term. Key Quotes “Fed officials, even doves like Rosengren and Kaplan, are signaling that June is live and 2-3 rate hikes "make sense...
GBP/USD Reclaims 1.4500 Handle on Latest 'Brexit' Poll Results The GBP/USD pair held on to 1.4400 handle and witnessed a smart recovery to 1.4537 as the latest 'Brexit' poll result showed 'Remain' camp were leading with 55% votes...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD Analysis for May 18th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar has defined the upside border of the consolidation channel and then return to the downside one. We think, today the price may test 1...
USD Resilient Against the Yen Despite the Better than Expected GDP Report - BBH Research Team at BBH, notes that the Japan reported stronger than expected Q1 GDP figures earlier today. Key Quotes “The Bloomberg median was 0.1%, but instead, Japan reported a 0.4% expansion...
GBP/JPY Finds Good Support ahead of 157.50 Following the UK jobs report release, the GBP/JPY cross stalled its downslide near 157.50 levels and re-attempted recovery back onto 158 handle. GBP/JPY: Upside capped by negative European equities Currently, GBP/JPY trades +0.24% to 158...
Oil, Metal and the Dollar - SocGen Kit Juckes, Research Analyst at Societe Generale, notes that the dollar up 10% this month against the South African rand, 4% against the Australian dollar and top of the major currency league for May...
USD Strong All Around - BBH Research Team at BBH, notes that the US dollar is rising against all the major currencies today. Key Quotes “The Australian dollar is retracing a sufficient part of its recent gains to suggest that the current phase of the US dollar's recovery is not over...
Waiting on FOMC Minutes - Forex News and Events Q1 Japan GDP rebounds (by Yann Quelenn) First quarter Japan’s GDP has printed in above expectations at 0.4% q/q with markets only expecting a slight increase at 0.1% q/q. The rebound in private consumption to 0...
Gold Holds Near-Term Trading Range ahead of Fed Minutes Gold once again retreated from $1280 level and dropped back to $1270 level, holding its near-term trading pattern within a narrow range...