Roberto Jacobs / Blog
China Trade Surplus for May Narrower-Than-Expected China trade balance (USD) for the month of May came in at 49,98B vs 55.70B expected and 45.56B last, with exports (YoY) (in USD terms) stood at -4.1% vs -4% epected and -1.80% last, while imports (YoY) were -0.4% vs. -6.80% exp and -10.90% last...
USDJPY: Puts In Temporary Bottom, Eyes More Recovery USDJPY: With USDJPY halting its weakness to close higher on Monday and seen following through during Tuesday trading session, price extension is envisaged. On the downside, support comes in at the 107...
CAD: Downside Risks Remain Firmly in Place – RBC CM Research Team at RBC Capital Markets, suggests that the downside risks remain firmly in place for USD/CAD technically as crude oil is propelled higher off of uptrend support at 48.55. Key Quotes “With support at 1...
WTI Targets 2016 Highs Around $50.00 Crude oil prices continue their march higher on Tuesday, lifting the West Texas Intermediate to the vicinity of the psychological handle at $50.00 per barrel...
UK: Sterling's Surprising Strength - BBH Research Team at BBH, suggests that a major development today is sterling's strength as the Sterling inexplicably shot up almost two cents in a matter of minutes in Asia (~$1.4475 to $1.4660). Key Quotes “It quickly came off amid talk of a trading error...
AUD/USD Extends Its Bullish Momentum to 0.7450 Bulls maintained their firm grip on the AUD/USD pair, boosting the pair further to a fresh session high level of 0.7450...
Sterling Volatility Heightened Leading Up to the EU Referendum - Investec Research Team at Investec, suggests that they have been talking a lot recently about volatility and particularly heightened Sterling volatility leading up to the EU referendum as uncertainty of the outcome, and how the poun...
Fed: On Hold for Now - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the Fed’s on hold for now and probably until after the Presidential Election and that’s all that matters...
EUR/USD Stuck Within Range, Near 1.1370 The shared currency keeps its daily gains vs. the dollar, with EUR/USD advancing moderately around 1.1370...