Roberto Jacobs / Blog
GBP/JPY Attempting a Recovery, Moves Above 156.00 Mark The GBP/JPY pair managed to extend its minor recovery and is currently trading at the high point of the day, back above 156.00 level. Last week, the pair got slammed from 162.57 to nearly 155.00 mark in just two day on BoJ disappointment...
EUR Fundamentals Remain a Mixed Bag - TDS Research Team at TDS, suggests that the ECB hopes it delivered its last bout of easing in March, and will be content to sit on the sidelines for an extended period of time (rising oil prices will help...
USD/CAD Remains Capped Below 1.2560, US Data Eyed The USD/CAD pair extends its side-trend into Europe, oscillating in 30-pips slim range amid subdued trading seen in the oil prices, as attention now turns towards the US data lined up for release later today...
USDCAD: Dip Towards 1.19/20 a Nontrivial Risk in the Interim - TDS Research Team at TDS, suggests that tracking for Q1 real GDP growth continues to run ahead of the Bank of Canada's 2.8% forecast (TDS: 2.9%) which will help offset the implicit drag on activity from a stronger CAD...
NZD: Inflation is All-but Dead - TDS Research Team at TDS, notes that the NZ’s inflation is all-but dead (Q1 +0.4%/yr) while no-one is yet talking about the relevance of the RBNZ's 'calculated' core measure (Q1 unchanged at +1.6%/yr...
Gold Taps $1,300 Level Gold prices climbed to session high level of $1302, finally managing to reclaim $1300 mark for the first time since January 2015...
Green Light for USD/CAD Weakness Still in Place - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the green light for USD/CAD weakness still in place, the pair likely to trade down to 1...
US Jobs Data is the Highlight of the First Week of a New Month - BBH Research Team at BBH, suggests that the US jobs data is typically the data highlight of the first week of a new month. It has lost its mojo...
US Dollar Drops to Lows Near 92.80 The greenback, tracked by the US Dollar Index, remains depressed today, currently testing the area of 92.80, or daily lows...