Roberto Jacobs / Blog
US Treasury: Another Warning for Japan – Westpac Sean Callow, Research Analyst at Westpac, suggests that in the US Treasury’s semi-annual FX report to Congress, there is no formal designation of currency manipulation but a new “Monitoring List” has been brought in, with the inaugural members Chin...
USD/CAD Retreats from Highs, Back Near 1.2720 The upside momentum in the greenback seems to be taking a breather ahead of the European open today, with USD/CAD easing some ground to the 1.2720 area...
NZD: Robust Labour Market Report - TDS Research Team at TDS, notes that the NZ’s Q1 labour market report was robust with the u/e rate jump from 5.4% to 5.7% due to the participation rate slightly outpacing a strong lift in employment (+1.2%/qtr...
Oil: Bears Take a Breather, Steadies Before US Jobs, EIA Report After a sharp sell-off in the previous session, oil benchmarks on both sides of Atlantic look to stabilize on Wednesday as focus now shifts towards the key US ADP data and EIA inventory report...
EUR/GBP in Red Around 0.7900, UK Data Eyed EUR/GBP is snapping a 3-day positive streak on Wednesday, currently wobbling around the 0.7900 handle after testing highs near 0.7920 on Tuesday...
USD/CHF Ends 7-Day Losing Streak, Bounces to 0.9570 The bulls were offered much-needed respite from the broad based US dollar rebound, lifting the USD/CHF pair from multi-month troughs. USD/CHF heading towards 0.9600? Currently, the USD/CHF pair trades +0.24% higher at 0...
GBP/USD Back on the Bids Near 1.4550, UK PMI Eyed The GBP/USD pair brought a pause to its yesterday’s slide, now attempting a tepid-bounce towards daily highs as the US dollar recedes gains against its major rivals. GBP/USD: UK construction PMI in focus The GBP/USD pair trades +0.06% higher at 1...
JPY: Fiscal Stimulus in Focus – Nomura Yujiro Goto, Research Analyst at Nomura, notes that the USD/JPY continues to trade weakly, while Japan has its long holiday...
FxWirePro: USD/INR Opens Higher at 66.62, India's Service PMI Data in Focus USD/INR opened at 66.62 marks vs 66.52 previous close. Intraday bias remains bearish till the time pair holds key resistance at 66.75 marks. A daily close below 66.48 will take the parity down around key supports at 66...