Roberto Jacobs / Blog
FxWirePro: Stern Strength in Crude, Cyclical Asymmetric Reactions Bid Longs in MXN and RUB - Hedging Perspectives Despite the strong dynamics in Brent crude, staggering close to the USD50/bbl mark, upside risks for DXY and the asymmetric reaction to a re-pricing of Fed hikes could weigh on the on...
FxWirePro: NZD/JPY Stiff Resistance at 74.50, Breaks Above Could See Further Upside NZD/JPY stiff resistance at 74.50, further gains only on break above. RBNZ Q2 2-year inflation expectations gauge weighed negatively on the sentiment around the NZD...
U.S. Government Bonds Slide on FED Rate Hike Expectations The U.S. government bonds continue to trade lower on Wednesday after reading strong April consumer price index and hawkish comments from Federal Reserve officials...
AUD/USD Falls Below 200-Day SMA The Australian dollar is among the worst performers on Wednesday, having fallen below the 200-day SMA in recent dealings. AUD/USD slid to a fresh low of 0...
EUR/GBP Takes a Spiral Below 0.7750 Level The EUR/GBP pair took a sharp knock to 0.7745 after the British Pound witnessed a sudden bout of buying interest on increasing odds of staying in the EU...
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...