Roberto Jacobs / Blog
Mid-Week Data and Reversion to STEER™ Could Boost USD – BNPP Research Team at BNP Paribas, suggests that the USD’s recovery vs the EUR and JPY continued overnight and is taking support from a recovery of US front-end yields...
Little Chance of EUR/USD Falling Significantly - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the Euro remains very range bound and it still by and large tracks the Bund/Treasury spread, albeit trading a little higher than that spread would imply at the moment...
NZD/USD Meets Fresh Supply, Attacks 0.6900 The NZD/USD pair brought an end to its 3-day rally and fell in the red zone in early Europe as bears took over charge amid the retreat in the oil prices. NZD/USD off 9-day highs Currently, the NZD/USD pair trades 0.26% lower at fresh session lows of 0...
FXWIREPRO: GBP/AUD to Tumble Further, Many Reasons to Hedge Downside Risks - Backspread Best Serves Hedging Objectives Inflation continues its global trend higher with UK and Sweden following the preliminary German and EU reads higher...
Without Improvement in Domestic Economy Nikkei to Act As One Big Exporter Nikkei drops, when Yen rises and rises when Yen drops, due to the popular notion in the market that weaker Yen makes Japanese exports more competitive in world market, hence that should be positive for Nikkei stocks...
Brent Oil Turns Red, Drops Below $44 Brent oil printed a session low of $43.85 levels even though China data showed crude imports rose to record high in March. Rejected at $44.56 Prices turned lower from a high of $44...
USD/JPY Seen at 112.00 in 3-Month – Danske Bank Senior Analyst at Danske Bank Morten Helt sees the BoJ incurring in further easing in the near term and thus pushing spot to the 112.00 handle in 1-3 months...
GBP/USD Sell the Rallies – Westpac Strategists at Westpac have recommended selling the pair on occasional bullish attempts. Key Quotes “GBP/USD remains high on our sell list. We sell GBP/USD at 1.4450, stop 1.4610”...
EUR/USD Losing Momentum? – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s upside momentum could be running out of steam. Key Quotes “EUR/USD charted a minor new high of 1.1465 which was not confirmed by the daily RSI...