Roberto Jacobs / Blog
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...
Guide to Today's Important Data and Events Not many economic dockets scheduled for today but many with high volatility risks associated. Data released so far – Australia – Westpac leading index declined -0.2%. Wage growth in quarter 1 rose 0.4%, up 2.1% from a year back...
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...