Roberto Jacobs / Blog
US Equity Futures Drop Ahead of Yellen Speech Major stock futures in the US are trading on a softer note ahead of the weekly jobless claims data release and Fed chief Yellen’s speech. At the time of writing, Dow futures were down 65 points or 0.37%. S&P futures and Nasdaq futures were down 0...
EUR/USD Gains Capped Around 1.17 – Westpac The pair’s upside could find it difficult to advance above the 1.17 mark, suggested Richard Franulovich, Strategist at Westpac...
Brexit Fears are Dragging Down the Pound - BBH Research Team at BBH, notes that the UK pound is off 2% against the dollar this month and a little more against the euro. Key Quotes “Brexit fears seem to offer a better explanation that trying to link sterling's weakness with yen strength...
EUR/GBP Upside Could Struggle at 0.8162/0.8200 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the upside momentum in the cross could struggle in the 0.8162/0.8200 region. Key Quotes “EUR/GBP has exceeded the target...
GBP/USD Off Lows, Re-tests 1.4090 The sterling remains on the defensive today, now taking GBP/USD to the area of 1.4085/90. GBP/USD finds support near 1.4050 The pair has briefly visited the key support area around 1...
US: Expect a Single Fed Hike this Year - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the FOMC Minutes themselves don’t tell us much we didn’t already know...
JPY Strength is the Main Feature of FX Markets - BBH Research Team at BBH, suggests that the main feature in the foreign exchange market continues to be the surge of the Japanese yen. Key Quotes “A convincing explanation of the yen's strength seems elusive...
Sterling/Dollar 3 Month IV Crosses Above 16% Three month volatility in Sterling, which now includes the referendum date has crossed previous high around 15.2% and crossed above 16% for first time in six years...