Roberto Jacobs / Blog
BoE ‘On Hold’ Until Early 2017 – Rabobank Analyst at Rabobank Carlijn Prins believes the BoE could hike rates in February 2017. Key Quotes “BoE Governor Carney recently admitted that Brexit was the greatest domestic financial risk to the UK...
Gold Stays Near Daily Highs ahead of US Data Gold is trading slightly below its daily high of $1236.85 levels ahead of the data release in the US, which could show an improvement in the service sector output...
USD/CHF Sinks to Lows Near 0.9570 The ongoing risk aversion is prompting USD/CHF to retrace the earlier spike just above the 0.9600 handle and return to daily lows in the 0.9570 area...
RBA Acknowledges Stronger AUD but Not Overly Concerned Yet - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the Australian dollar has weakened modestly in the Asian trading session undermined early this week by renewed weakness in commodity prices...
US: ISM Nonmanufacturing Index to Rise Only Marginally - TDS Millan Mulraine, Deputy Head US Macro Strategy at TDS, suggests that the US economic growth momentum has slowed, and while the headwinds to the manufacturing sector appear to have abated the fallout in the service sector should continue...
EUR/JPY – Sell Off Continues, Eyes 125.00 Handle JPY bulls are in no mood to relax amid fresh oil-driven risk-off in the equities and are now eyeing psychological level of 125.00 in the EUR/JPY cross...
AUD/USD Door Open for Further Downside – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the relevance of the key support at 0.7477. Key Quotes “AUD/USD held sideways and has started to erode the accelerated uptrend at...
AUD/JPY Attacks 83 Handle, at Fresh Monthly Lows The AUD/JPY cross extends its bearish run into a fourth day this Tuesday, with the bears relentless on the back of persistent risk-off market profile. AUD/JPY tests 83.00 The AUD/JPY pair now drops -1.80% to 83...
US Dollar keeps Highs Near 94.80 The greenback, tracked by the US Dollar Index, has recovered the smile on Tuesday and is managing well to keep the trade in the upper end of the range near 94.80...