Roberto Jacobs / Blog
Fed’s Evans: Two Rate Hikes This Year will be "Appropriate" Speaking in Hong Kong, Chicago Fed President Evans commented on the Fed’s interest rates outlook. Key Quotes: Too early to tell if inflation rebound is sustained Fed rate path will depend on economic data...
USD/JPY is a Buy on Dips - Westpac Robert Rennie, Research Analyst at Westpac, suggests that they have argued USD/JPY is a buy on dips sub-112 even though the price action has been patchy at best...
Fed Minutes Likely to Echo Dovish Tone of Meeting - BNPP Research Team at BNP Paribas, suggests that the US front-end yields and the USD have failed to capitalise on the stronger than expected US data on Friday...
NZD/USD Heading for 0.7200 - Westpac Imre Speizer, Research Analyst at Westpac, suggests that NZD/USD finally broke out of its contracting range which had formed since Sep 2015 with bullish implications. Key Quotes “Assuming it remains above 0.6875, we target 0.7200 during the next few weeks...
FXWIREPRO: Gold Breaks Key Resistance at $1222, Intraday Bias Remains Bullish XAU/USD is currently trading around $1225 mark. It made intraday high at $1226 and low at $1214 levels. Intraday bias remains bullish till the time pair holds key support at $1214 marks...
AUD/USD Jolts Higher to 0.7630, RBA Keeps Rates On-Hold The AUD/USD pair reversed losses and jumped back on the bids after the RBA decided to keep its official cash rate unchanged at a record low of 2.0% at its policy meeting today...
RBA Keeps Rate Unchanged, AUD May Complicate Adjustment in Economy As widely expected, the Reserve Bank of Australia left the official interest rate unchanged at 2%, noting that at today's meeting, the Board judged that there were reasonable prospects for continued growth in the economy, with inf...
BOJ, MOF, FSA Officials to Meet on Markets from 5:00 GMT Bloomberg reports that BOJ, MOF (Ministry of Finance) and FSA (Financial Services Agency) officials are to meet on markets from 0500GMT...
USD: Near Term Outlook Looks Very Bleak - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the near term USD outlook looks very bleak, as the full import of Chair Yellen’s decidedly dovish tone continues to reverberate the USD could see another 2-3% USD downside from curren...