Roberto Jacobs / Blog
Inflation Trends Remain Weak for UK, Eurozone and US Despite Oil Price Rally The rally in global oil prices that had given some positive news for global inflation trends in early 2016 started again in April, with Brent crude reaching about USD 45 per barrel...
USD/JPY Extends the Upside Beyond 109.00 The Japanese Yen remains on the defensive today, helping USD/JPY to regain fresh 2-week tops beyond 109.00 the figure...
Oil Erase Early Gains but Still Holding Above $43.00 Mark WTI crude oil prices erased its early gains to nearly $44.00/barrel mark to trade absolutely flat from Monday's volatile session closing low of $43.30, ahead of the weekly API inventory data...
USD/CAD Back to Positive Near 1.2980 After bottoming out in the 1.2920 area, the greenback has managed to regain momentum and lift USD/CAD back to the area of session tops near 1.2980...
European Bonds Mixed on Firm Risk Sentiments Amid Brexit Fear The European bonds were trading mixed on Tuesday as investors shifted to safe-haven assets amid gains in riskier assets including stocks and oil. Also, bond prices were supported by the recent polls which showed the outcome of the U...
AUD/USD Pullback Looks Exhausted – UOB In view of analysts at UOB Group, the downside momentum in the Aussie dollar could be running out steam in the near term. Key Quotes “While a move below 0...
EUR/JPY Tops Near 124.40, Pulls-Back Below 124.00 Handle As the Japanese currency, Yen, continues to slide across the board, the EUR/JPY pair extended its bullish momentum to 124.40 before retracing a bit to currently trade tad below 124.00 handle...
Osborne Beats the Bremain Drum - Investec Research Team at Investec, notes that the UK Chancellor George Osborne continued yesterday to run his economic impact campaign, highlighting his perceived risks in the event of a Brexit at next month's EU vote...
EUR/USD Off Lows, Near 1.1380 The shared currency has managed to bounce off session lows vs. the greenback near 1.1370, with EUR/USD now approaching the 1.1380/85 band. EUR/USD weaker on USD bids A bout of fresh USD bids has dragged spot to test fresh daily troughs in the 1...