Roberto Jacobs / Blog
JPY Little Changed as Kuroda Leaves Open the Scope More Easing - MUFG Derek Halpenny, European Head of GMR at MUFG, notes that following his interview in the Wall Street Journal where he stated that a sustained period of yen strength could impact inflation and hence prompt monetary action, Govern...
GBP/USD Neglects Weak UK Jobs Data While investors remain busy tracking oil prices, GBP/USD pair recovers from day's low of 1.4345 to 1.4400, neglecting disappointing UK jobs data and even as Brexit referendum remains high on agenda. GBP/USD remains anchored below 1...
Oil Slips as Kuwait Strike Ends - Investec Research Team at Investec, notes that overnight, Kuwaiti oil and gas workers ended a three-day strike that had temporarily halved the OPEC member's crude production...
EUR/GBP Upside Capped by Hourly 50-SMA, Near 0.7900 The upbeat momentum seen in the EUR/GBP cross in the Asian session lost steam at hourly 50-SMA located at 0.7915 post-European open, and the prices now waver around 0.79 handle...
GBP: Some Respite as ‘Leave’ Provides a Scenario - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that the pound has had some respite of late with the BOE broad trade-weighted index 1.5% higher than the low hit on 8th April...
FxWirePro: EUR/GBP Extends Declines Post UK Labour Market and Household Confidence Data, Hits Session Lows at 0.7892 Number of people in UK claiming unemployment benefits increased by 6,700 in March, the first rise since August 2015. Unemployment rate held steady at 5...
UK: Disappointing News on Wages and Employment - ING James Smith, Economist at ING, suggests that the combination of sub-consensus wage and employment growth was not encouraging, and may suggest that uncertainty surrounding the forthcoming referendum is starting to show up in the data...
EUR/USD Printing Highs Near 1.1380 The buying interest is now picking up pace around the shared currency, lifting EUR/USD to daily peaks near 1.1380...
German Vice-Chancellor: It's wrong to Blame ECB for Root Cause of Eurozone Problems German vice-chancellor and economy minister Sigmar Gabriel was on the wires via Reuters, defending ECB Chief Draghi’s and team...