Roberto Jacobs / Blog
FxWirePro: AUD/USD Hits 10-Days Low, Bias Back to Downside AUD/USD declined sharply on Wenesday as Australian dollar was weighed down by less than expected inflation reading. The antipodean currency declined sharply, despite the broad dollar sell off across the board...
USD/CHF Spikes Above 0.9750 but Fails to Sustain Gains USD/CHF spiked to fresh daily highs as the greenback strengthened broadly on the back of Fed’s statement on monetary policy. The Fed left the target range for the fed funds unchanged at 0.25%-0...
FOMC: No Change in Forward Guidance - BBH Analysts at Brown Brothers Harriman explained that the Fed's forward guidance has not changed. Key Quotes: "It is looking through the economic soft patch and expects the growth to strengthen...
AUD/USD: This Ship in Going Down, Target 0.7490 AUD/USD has suffered a blow on the FOMC, despite there not being a hint of hawkishism and the Fed on hold yet again, the dollar has relished in some of the content in the statement. AUD/USD was on a downward trajectory from highs of 0...
Fed Statement Leaves Door Open, No Signal of Imminent June Hike - ING Rob Carnell, Chief International Economist at ING explains that it is a relief that the Federal Reserve did not flag a potential June hike and affirmed that the commitment remains data dependent...
USD/JPY Rises to Test Weekly Highs After FOMC A stronger US dollar boosted the USD/JPY pair that rose from 111.25 to 111.75 after the decision of the Federal Reserve to leave rates unchanged. Afterwards it pulled back and it was trading around 111.50/60...
GBP/USD: Offered on Dollar Positives in Statement The Fed left rates on hold with the Fed Funds Rate in the range of 0.25% to 0.50%, and offered less than hawkish statement that, "The stance of monetary policy remains accommodative...
Fed Leaves Policy Unchanged, Removes Reference to Global Events Posing Risks The Federal Reserve decided to leave the target range for the fed funds unchanged at 0.25%-0.50% as widely expected, and gave no clear signs whether the bank will hike rates at the June 14-15 meeting...
EUR/USD Drops After Fed Decision EUR/USD dropped from 1.1343 (6-day high) back below 1.1300 after the decision of the Federal Reserve to leave rates unchanged as expected. The central bank removed the reference to global developments and boosted the US dollar across the board...