Roberto Jacobs / Blog
AUD After Weak Q1 CPI Inflation - Nomura Charles St-Arnaud, Research Analyst at Nomura, notes that the Australian CPI inflation came in weaker than expected, showing moderating inflation, especially domestically...
EUR/USD Advances to 1.1340 Amid BOJ-Led USD Sell-Off EUR/USD remains better bid on 1.13 handle as we progress towards the early European trades, with markets still digesting the Fed and BOJ policy decisions. EUR/USD finds fresh bids just shy of 1.1300 Currently, EUR/USD trades +0.13% higher at 1...
RBNZ Keeps Rates Unchanged - Nomura Charles St-Arnaud, Research Analyst at Nomura, suggests that the continued weakness in the inflation outlook forced the RBNZ to leave the door open for a cut in June. Key Quotes “The RBNZ kept its policy rate unchanged at 2...
FxWirePro: JPY Strengthens Across the Board As BoJ Stands Pat, Sell AUD/JPY Rallies, Target 81.75 The Japanese Yen spiked across the board as Bank of Japan disappointed by markets big time by keeping its monetary policy unchanged...
Fed Offered No Fireworks - Rabobank Michael Every, Head of Financial Markets Research at Rabobank, notes that the Fed left rates unchanged yesterday with one dissenter again voting for a rate hike...
Nikkei Slumps 3% on BOJ’s Inaction, Drags Rest of Asia Lower The stocks on the Asian bourses reversed course dramatically after BOJ’s monetary policy decision disappointed markets and dampened investors’ sentiment. Japan’s Nikkei witnessed heavy selling and drove most major Asian indices lower...
FxWirePro: USD/KRW Hovers Just Above 1142, Intraday Bias Remains Bearish USD/KRW is currently trading around 1143 levels. It made intraday high at 1148 and low at 1141 levels. Intraday bias remains bearish till the time pair holds key resistance at 1153 levels...
FxWirePro: USD/JPY Slumps As BoJ Disappoints Markets With No Change in Policy USD/JPY slumped from around 111.70 levels to 108.74 after Bank of Japan decided to stand put, keeping the policy unchanged, with the interest rate at -0.1...
AUD/JPY: AUS CPI, BoJ 'Double Whammy' for Sellers Traders short AUD/JPY continue to celebrate this week's volatile moves in the market, with today's BOJ-induced sell-off in the pair adding to the losses seen 24h ago when the Australian CPI Q1 came shockingly low...