Roberto Jacobs / Blog
USD/JPY Tracks Nikkei Higher, 109 – a Whisker Away The extension of gains on the Japanese stocks further fuelled the risk-on sentiment and boosted the bids for USD/JPY, now pushing the rate closer towards 109 handle...
FxWirePro: USD/MXN Bullish Engulfing Appears Despite Shooting Star and Gravestone on Monthly - Don't Be Deceived With On daily charts of USD/MXN, shooting star candle occurred at 17.8410 followed by a bullish engulfing pattern candle also occurred at 17.8379 levels...
FxWirePro: Gold Dips in Early Asia and Now Stabilizes Above $1270, Intraday Bias Remains Neutral XAU/USD is currently trading around $1272 mark. It made intraday high at $1278 and low at $1271 levels. Intraday bias remains neutral till the time pair holds immediate support at $1272 marks...
Guide to Today's Important Data and Events Not many economic dockets scheduled for today and some with high risks associated. Data released so far – Australia – Consumer inflation expectations for May declined to 3.2% from 3.6% prior. Upcoming –...
BoE Won’t Hike if Brexit Occurs – Nomura Research Team at Nomura, notes that Michael Saunders’ appointment to the MPC has renewed concerns that the MPC might hike in response to an inflationary devaluation in a Brexit scenario. Key Quotes “We still view such a response as fundamentally wrong...
BoE: Expect No Fireworks – TDS Research Team at TDS, notes that the BoE has said that it will be firmly on hold until the EU Referendum is out of the way, so the broad consensus of no change in policy. Key Quotes “The accompanying Inflation Report and Press Conference will be where to focus...
EUR/GBP Tests Wednesday’s High Above 0.79, BOE Eyed The cross in the EUR/GBP trades in a flat-lining above 0.79 handle, now catches fresh bids in an effort to take-out Wednesday’s high at 0.7920 as the pound runs through fresh offers in early Europe...
GBP/USD Treads Water Around 1.4450, BOE in Spotlight The bulls tried hard to regain control almost through the Asian session, but in vain, as the GBP/USD pair continues to consolidate the downside on 1...
Inter-market: Risk-off Flows Return in US Hours The market profile turned into a less constructive 'risk on' mode during the last US session, with the S&P 500 erasing almost entirely Tuesday's gains, to end the day near flat levels following a strong bullish gap...