Roberto Jacobs / Blog
EUR/USD: Dollar to Remain on the Defensive - BTMU Analysts from The Bank of Tokyo-Mitsubishi UFJ, point out that the near-term bias in EUR/USD is bullish and expect it to trade between 1.1200 and 1.1500 during the week ahead...
AUD/USD: Technical Condition of AUD Deteriorating - BBH Analysts from Brown Brother Harriman, explain that the AUD/USD could have topped and consider that the technical outlook favors the downside...
US Initial Jobless Claims Drop More Than Expected Last Week The labor department data released today in the US showed the first time jobless applications fell more than expected last week, indicating the labor market continues to strengthen despite headwinds...
EUR/USD Hovers Below 1.1400 After US Jobless Claims Data EUR/USD remained steady below 1.1400 after the release of US initial jobless claims data which fell by 9K in the week ended Apr 1. EUR/USD had pulled back from fresh 2016 highs and is back below the 1...
Cautiousness Prevails Around GBP/USD – Scotiabank Chief FX Strategist at Scotiabank Shaun Osborne remains cautious on the outlook for Cable...
NZD/USD Consolidating Near-Term – UOB According to analysts at UOB Group, the Kiwi dollar remains in a consolidative phase vs. the US dollar in the short term. Key Quotes “We just turned neutral yesterday and there is no change to the view”...
EUR/GBP: Strong Upward Impetus Yesterday’s news triggered the decline in the USD in the market. Following the information released by US EIA at 16:30 (GMT+2) which showed that US oil reserves last week fell by 4.937 million barrels against the rise of 2...
Fed Hike Probabilities Review After FOMC Minutes After last night’s FOMC minutes, which showed many policymakers were issuing warnings on appreciable global developments, which pose economic risks to United States...
USD/CAD: Breaking Above a Descending Trend – SocGen Research Team at Societe Generale, notes that after reintegrating within a multiyear upward channel USD/CAD achieved key level of 1.2850, graphical levels consisting of last March highs and October lows...