Roberto Jacobs / Blog
USD/CAD Breaks Below 1.2900 as Crude Oil Consolidates Gains The loonie (CAD) is among the best performers in the currency market on Monday and against the US dollar extended gains during the American session...
U.S. Key Data Coming Up - TDS Analysts at TD Securities explained that the main US data release this week is CPI on Tuesday and on Wednesday the minutes of the April FOMC meeting are released. Key Quotes: "We expect higher gasoline prices to push headline CPI up to 0.3% M/M, the same as consensus...
Weak Wage Price Index Could Intensify Expectations for a RBA June Rate Cut The Reserve Bank of Australia (RBA) cut the cash rate to a record 1.75 per cent at its recent monthly board meeting, and analysts expect it could be heading towards one per cent before the end of the year...
GBP/USD Gains Some Upside Momentum But Still Bearish The British pound has made short squeeze against US dollar by hitting high at 1.4406 during mid-morning US session, after the pair found support at 1.4333. However, the gains should be limited as the resistance level at 1...
EUR/GBP Finds Resistance Near 0.7900 and Turns to the Downside The pound managed to erase losses against the euro and printed a fresh daily high. EUR/GBP found resistance near the 0.7900 area and turned to the downside...
Warren Goes Apple Picking Heading into the close the FTSE 100 is flat on the day, having recovered all its morning losses. Dow, S&P 500 start the week on the front foot Oil prices surge again Warren adds Apple to his buffet...
What is Correlating in the FX Space? - Nomura Analysts at Nomura were scanning 2,000 cross-market correlations and they find that nominal rate differentials continue to be strongly correlated to FX...
Analysis AUD/USD - FXStreet AUD/USD Current price: 0.7295 Poor Chinese data released over the weekend, triggered a downward gap in the AUD/USD pair at the beginning of the day, sending it down to 0.7248, its lowest since March 2nd...
Analysis USD/JPY - FXStreet USD/JPY Current price: 108.78 Sellers around 109.00. The USD/JPY pair was incapable to regain the 109.00 figure during the first half of the day, having traded as high as 108.98 during Asian trading hours...