Roberto Jacobs / Blog
USD Losing Momentum? – Danske Bank Jens Pedersen, Senior Analyst at Danske Bank, has assessed the recent performance of the greenback. Key Quotes “USD bulls are losing confidence as Fed Chair Yellen’s latest comments seem to undermine previous hawkish comments from other board members”...
Crude Oil Prices Update: WTI & Brent Decline Sharply, Why? Crude Oil prices WTI and Brent fell sharply during the Asian session. Investors failed to prevent losses in crude oil price...
Dollar Heads for Biggest Quarterly Loss in Five Years on Yellen Lilian Karunungan and Chikako Mog Commodity currencies gain on signs U.S...
CAD: Setting Up for Real GDP (January) – TDS Research Team at TDS, suggests that strong activity-level data will lend support to what should be a stellar month for the Canadian economy. Key Quotes “Real industry-level GDP is forecast to grow at an above-consensus 0...
USD/JPY: Further Downside Expects Below 111.97 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, believes the pair could re-test 110.67 in case it breaks below 111.97. Key Quotes “USD/JPY’s correction higher has failed at the top of a 6 week channel at 113...
EUR/JPY Testing Lows Around 127.00 The overnight decline in EUR/JPY seems to have met buyers in the 127.00 neighbourhood, pushing the cross back to 127.10/55...
GBP/USD Hourly 50-MA is Back as Resistance in Early Europe GBP/USD drifted lower in Asia, re-establishing hourly 50-MA as resistance ahead of BOE Carney’s speech and UK GDP release. Focus on Carney Governor Carney’s comments are scheduled to hit the wires well ahead of the UK GDP release...
USD/CAD Stalls Recovery from 5-Month Lows Near 1.3010 The USD/CAD pair stalls its overnight recovery mode near 1.3011, and now consolidates around 1.30 handle amid lower oil prices and a broadly higher greenback. USD/CAD retreats from 5-month lows Currently, the USD/CAD pair gains 0.26% to 1...