Roberto Jacobs / Blog
BoJ Tankan Worsens – Deutsche Bank Taisuke Tanaka, Strategist at Deutsche Bank, suggests that the downward risk to USD/JPY is greater under worsening Japan-US economic conditions...
Low Commodity Prices, Market Volatility Continues to Weigh on Canada's Small Business Confidence Small business confidence in Canada deteriorated again in March after taking a break in February. The CFIB business barometer index dropped 2.4 points to 52.3 in March, the lowest since early 2009...
Indonesia Inflation Rises As Expected In March Indonesia's consumer price inflation accelerated as expected in March, though slightly, figures from the Central Statistical Agency showed Friday. The consumer price index rose 4.45 percent year-over-year in March, faster than the 4...
Oil Drops Amid Risk-off in Equities Oil benchmarks fell in Asia and remain weak in early Europe amid signs of risk aversion in the Asian equities. At the time of writing, WTI oil was down almost 1% at $38/barrel. Brent oil was down 0.67% at $40.06/barrel...
FXWIREPRO: EUR/GBP Upside Pauses Just Shy of 0.7946 (2016 Highs), Momentum Higher The euro extended gains versus the pound, hit high at 0.7944, just two pips below 0.7946 (2016 highs). The pair extends gains above 0.7900 in the wake of the euro area flash inflation figures released on Thursday...
Australian Bonds Slump on Firm U.S Data The Australian 10-year bond tumbled on Friday, tracking U.S. trends after strong economic data from U.S...
USD/CAD Flirts with Highs Near 1.3050 The greenback is posting moderate gains vs. its Canadian neighbor on Friday, taking USD/CAD to the area of daily highs near 1.3050. USD/CAD focus on Payrolls After bottoming out in fresh multi-month lows in the mid-1...
US Non-Farm Payrolls Likely Increased 220,000 in March – Danske Bank Research Team at Danske Bank, estimates that the US non-farm payrolls increased 220,000 in March, slightly above the current consensus of 210,000...
FXWIREPRO: NZD/CAD Faces Strong Resistance Around 0.9060, Good to Sell on Rallies Major resistance 0.9060 Major support -0.8920 (resistance turned into support) The pair has recovered after making a low of 0.8927. It is currently trading around 0.89914...