Roberto Jacobs / Blog
AUD/USD Could Still Test 0.7200 – UOB The Aussie dollar remains poised for a test of the key support at 0.7200, suggested the research team at UOB Group. Key Quotes “We pointed out yesterday that AUD is trying to form a short term base for a recovery...
Cable Goes on a Tear Market Drivers May 17, 2016 UK Powers through 1.4500 but loses it on cold CPI data RBA minutes suggest hold Nikkei 0.13% Dax 0.12...
FTSE Surges after-Hours The FTSE 100 is showing a gain of nearly 1% so far this morning with the building sector rallying after Taylor Wimpey announced a special dividend...
Oil Price Gains Underpin Sentiment A mostly positive session in Asia as the upside in energy prices coupled with some marginal gains in Apple shares helped to underpin risk sentiment...
GBP/USD Bearish Below 1.4300 – UOB The research team at UOB Group sees GBP/USD's outlook turning to bearish on a close below the 1.4300 handle. Key Quotes “As mentioned yesterday, momentum indicators are not strong and we prefer to wait for a daily closing below 1.4300 before turning bearish”...
Sterling and the AUD at Their Highest Correlation in Nearly Four Years - BBH Research Team at BBH, have argued that the place to look for investor anxiety about the UK referendum is not the spot market but the options market. Key Quotes “At the start of next week, it is a month away...
EUR/GBP Could Drop to 0.7740/0.7654 – Commerzbank In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the cross could be headed towards the 0.7740/0.7654 area. Key Quotes “EUR/GBP after sitting all week just below the...
GBP/USD: Recovers to 1.4500 ahead of US CPI Following the release of the UK inflation report, the GBP/USD pair tried a couple of attempts to regain 1.45 handle, but in vain, as disappointing CPI data continue to cap the upside. GBP/USD hovers below 20-DMA at 1.4493 Currently, GBP/USD trades +0...
NZD/USD Turns Back to 0.6800 Handle, US CPI Eyed for Further Direction A fresh bout of selling pressure extended the NZD/USD pair's reversal from early morning highs of 0.6841, which was driven by a slightly better RBNZ's Q2 2-year inflation expectations...