Roberto Jacobs / Blog
Fitch: Sharper Yuan Devaluation Could Trigger Volatility Reuters reporting commentary from Fitch Ratings comments on China and the yuan: China rebalancing, yuan volatility key risks for APAC Easing policies implemented by Chinese authorities in recent quarters reduce risk of a hard landing in 201...
USD/JPY Extends Gains in Tandem with Nikkei, Nears 109 The bulls gathered pace over the last hour, now pushing USD/JPY back towards 109 handle as strong gains on the Japanese indices further fuel risk-on moods in the markets...
Korea: BOK to Stay on Hold for Now - Nomura Young Sun Kwon, Research Analyst at Nomura, suggests that although their Bank of Korea (BOK) Signal Index suggests a high likelihood of a rate cut this Friday, they maintain their call that the BOK will stay on hold as we believe policy easing will come...
Short CAD/NOK – Deutsche Bank Research Team at Deutsche Bank, suggests going short on CAD/NOK pair as their G10 trade idea of the week for the target of 6.00 while maintaining a stop of 6.50 and entry level being 6.3350...
FxWirePro: Singapore Dollar Hits Fresh Monthly Low Against US Dollar, Intraday Bias Remains Neutral USD/SGD is currently trading around 1.3714 marks. It made intraday high at 1.3729 and low at 1.3703 levels. Intraday bias remains neutral for the moment. A sustained close above 1...
ASX200 Trades Well Above 5300, Jump Till 5380/5420 Is Possible Major resistance - 5375 Major Support - 5200 ASX200 pares early losses today morning after making a low of 5286 at the time of writing.It is currently trading at 5333. Short term trend is slightly bullish as long as support 5250 holds...
China: Steel’s Recent Resurgence Risks Derailing Industry Reform - NAB Gerard Burg, Senior Economist at NAB, suggests that a credit-fuelled rebound in China’s construction activity has breathed new life into the country’s beleaguered steel industry...
China: No Support for Growth by Adding Leverage - Nomura Research Team at Nomura, notes that according to yesterday’s official People’s Daily, an “authoritative” person who was not identified indicated that China should not support growth by adding leverage...
AUD/USD Building on China CPI-Led Gains, Eyes 100-DMA The bid tone around the AUD keeps growing bigger as we head towards the late-Asian trades, now taking AUD/USD closer towards 100-DMA located at 0.7348. AUD/USD extends higher from 0.7320 Currently, the AUD/USD pair rises 0...