Roberto Jacobs / Blog
US: Housing Data Rises Further Questions About the Direction of the Economy - ING Rob Carnell, Chief International Economist at ING warns that the sharp decline in housing starts and permits in March (-7.7% and -8.8% respectively) raises further questions about the direction of the US economy...
USD/CAD Tumbles Below 1.2700 as Oil Soars USD/CAD was trading at the lowest since July and dropped further breaking below 1.2700. The pair accelerated the decline and printed a fresh 9-month low at 1.2630. Price continues near the lows, currently at 1...
FxWirePro: EUR/GBP Option Strips to Hedge Non-Directional Trend As Per Sensitivity Tool Amid Euro Area Data Season Technically, EUR/GBP on EOD technical charts has shown down-streak has now continued from yesterday’s close at 0.7920 to the current 0.7908 levels slipping below 21DMA...
USD/CAD: Interest Rate Decision by the Bank of Canada Last Wednesday the Bank of Canada left interest rate unchanged at the level of 0.5%, which, at first did not affect exchange rate of the Canadian dollar. However, later the CAD started to rise...
Latin American: Monetary Tightening Nearing the End of the Cycle - BBH According to analysts from Brown Brother Harriman, the tightening cycle of monetary policy in Latin America is nearing the end...
NZD/USD Extends Gains Above 0.7000 NZD/USD is rising sharply today, strengthened particularly after breaking above 0.6970 (March highs) and also on top of the 0.7000 handle. The pair peaked at 0.7053 and then pulled back, despite an increase in dairy prices at the latest auction...
FxWirePro: AUD/USD Rises Above 0.7800 Levels, Outlook Remains Bullish The AUD/USD pair inched higher to scale 10-month high peak on Tuesday after sudden reversal in oil prices boosted Aussie bulls further higher...
US: We Anticipated a Rebound in Growth in Q2 After a Weak Q1 - Lloyds Analysts from Lloyds Bank point out that employment growth remained solid in Q1, but with limited upward pressure on wage growth and also noted that economic indicators point to a weak Q1 GDP growth...
GBP/USD Through 1.4400, Daily Tops The British pound keeps pushing higher on Tuesday, now lifting GBP/USD to fresh peaks beyond the 1.4400 handle. GBP/USD extends the rebound from 1.4130 The pair prolongs its weekly bounce off Monday’s troughs in the 1...