Roberto Jacobs / Blog
FOMC: All Eyes on the US Central Bank Today – Danske Bank Research Team at Danske Bank, suggests that the key event today is the FOMC meeting, which is set to conclude with merely a statement (no press conference or projections). Key Quotes “We expect the Fed to maintain the target range at 0...
NZD: RBNZ on Edge - ING Research Team at ING, favours a stable rates from the RBNZ, but it looks as though it will only be a temporary pause...
JPY: Deciphering the Pre-BoJ Data Deluge - ING James Smith, Economist at ING, suggests that the raft of data due just hours before the BoJ releases its April decision is likely to paint a fairly bleak picture, with consumption and inflation both losing steam...
Fed to Retain Cautious Stance to Further Tightening - MUFG Lee Hardman, Currency Analyst at MUFG, expects the Fed to retain a cautious stance towards further monetary tightening at tonight’s FOMC meeting...
FxWirePro: FTSE100 Faces Strong Resistance at 200 Day HMA, Good to Sell on Rallies Major Intraday resistance- 6305 (200 day MA) Major intraday support -6240 (trend line joining 6260 and 6248) FTSE100 has made a low of 6248 yesterday and slightly recovered till 6298 from that level...
FxWirePro: Indian Rupee Fails to Break Key Resistance at 66.96, Back Around 66.50 USD/INR is currently trading at 66.53 marks. It made intraday high at 66.59 and low at 66.48 levels. Intraday bias remains neutral for the moment. A daily close below 66...
GBP/JPY Reclaims 162.00 Mark Ahead of UK GDP Release Recovering from early dip below 162.00 mark, the GBP/JPY pair has spiked over 60-pips to currently trade near 162.50 level ahead of UK GDP release for the first quarter of 2016...
AUD: Record Low Core Inflation Increases Pressure on RBA to Ease – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the Australian dollar has declined sharply in the Asian trading session falling by over 1...
GBP/USD Breaks Through 1.46 Ahead of UK GDP GBP/USD has seen aggressive buying flows in early London, sending the exchange rate from 1.4550 low in Asia, to now break the 1.46 area and set new highs at 1.4620 ahead of the UK GDP Q1 preliminary report, due at 8.30 GMT...