Roberto Jacobs / Blog
USD/JPY Downside Appears Limited – UOB Analysts at UOB Group see the pair’s decline as limited in the near term. Key Quotes “As highlighted in recent updates, while the next significant support is much lower at 106...
EUR/USD Buy the Dip? – Westpac According to strategists at Westpac, the current dip in the pair could represent a buying opportunity. Key Quotes “EUR/USD likely handicapped at least temporarily into next week by the upcoming ECB meeting (April 21)”...
BoC and US Retail Sales in Focus - BBH Research Team at BBH, suggests that the North American session features US retail sales and PPI, the Bank of Canada meeting, and the Beige Book later in the session. Key Quotes “After yesterday’s unexpected 6...
CAD: Room for Optimism? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the CAD has this week rallied to its best level vs. the USD since July 2015 and the recent gains in the oil price have been a big incentive for the CAD...
EUR: Flirting with the Month Long Range - BBH Research Team at BBH, suggests that the euro has yet to convincingly breakout of the range that has confined it this month and that would require a break of the $1.1300 area...
USD/JPY Eyes 112.00 in the Near Term – Westpac According to strategists at Westpac, the pair remains poised to test the 112.00 area in a month’s view...
GBP/USD Outlook Turned to Neutral – UOB The research team at UOB Group has shifted its focus to neutral in GBP/USD. Key Quotes “We turned neutral yesterday but were of the view that the prevalent rebound in GBP has room to extend higher to test 1.4380 and 1.4450”...
EUR/GBP Tumbles to 0.7930 on EUR Weakness EUR/GBP has accelerated its daily decline to the area of 0.7930. or multi-day troughs. EUR/GBP in 2-week lows The European cross is posting weekly losses for the first time after five consecutive advances - including a fresh cycle in the vicinity of 0...
USD/CAD Regains 1.2800, Looking to Stabilize Here It seems the greenback has recovered the smile on Wednesday, with USD/CAD now retaking the 1.2800 neighbourhood. USD/CAD attention to oil, BoC CAD is shedding part of its recent gains vs...