Roberto Jacobs / Blog
Oil Trading Below $44.00 ahead of US Jobs Data WTI crude oil edged lower on Friday as focus shifts back to fear of oversupply, shrugging-off worries of supply disruptions in Canada and Libya. Currently, oil is trading with a cut of 1.5% at $43.65 and over 5% from $46.04 high touched on Thursday...
RBA Signals Potential for More Easing - MUFG Derek Halpenny, European Head of GMR at MUFG, notes that the RBA today released its quarterly monetary policy statement and perhaps after easing its monetary policy stance this week, we should not be surprised to see some notable downgrades to inflatio...
EUR/CHF Climbs to 1.1060, Session Highs The upbeat tone around the single currency remains unchanged today, now pushing EUR/CHF to test daily highs in the 1.1060.70 band. EUR/CHF focus on Payrolls The cross seems to have finally broken above the psychological 1...
GBP/CAD at Day's Peak ahead of Canadian Employment Data The GBP/CAD pair maintained its bid tone and has now moved to five week peak of 1.8678 ahead of the monthly Canadian labor market report for April due today. Extending its recovery from the lowest level since Jan...
US NFP Preview: Setting the Tone – ING Research Team at ING, suggests that a solid jobs data could spark a near-term USD revival and April jobs report might uphold the stagflationary trend in US data...
AUD/USD Slammed to 9-Week Low on Dovish RBA As we head towards today's key release, US monthly jobs report, the AUD/USD pair extends the slide to currently trade near fresh nine week low level of 0.7360...
FxWirePro: NZD/CAD Faces Resistance at 200 Day MA, Good to Sell on Rallies Major Resistance - 0.8865 (200 day MA) NZD/CAD has declined after making a high of 0.8865. It is currently trading at 0.8785. Short term trend is still weak as long as resistance 0.8865 holds. Any indicative break above 0...
FxWirePro Medium Term Outlook: Euro to Drop 1400 Pips Against Loonie Euro is not and definitely not will be immune to Brexit. French may declare that Sterling will drop more than 20% against Euro but that may not turn out to be the case...
EUR/GBP Could Drop to 0.75 in 3-Month – Rabobank Senior FX Strategist at Rabobank Jane Foley sees the possibility that the European cross could test 0.75 in 3-month view...