Roberto Jacobs / Blog
U.S Treasury Trades Flat Ahead of Yellen's Speech The U.S. sovereign bonds were flat on Tuesday as investors awaited a speech by Federal Reserve’s Chair Janet Yellen which could give further indications for next interest rate hike, despite weak economic data on Monday...
FXWIREPRO: GBP/JPY Faces Strong Resistance at 162.80, Good to Sell on Rallies Major resistance - 162.80 Minor support - 161.30 Major support 160.50 (200 day 4 HMA) The pair has broken minor resistance 161.80 and jumped till 162.34 at the time of writing. It is currently trading around 162.18...
Barclays Warns Over Commodity Longs UK’s investment bank, Barclays has issued warning against recent rallies in commodities and investors; interest in commodity products both stocks as well as ETFs...
Currency Markets Likely to See increased Volatility on Fed Hike Expectations The dollar staged a nice bounce-back from post FOMC lows supported by both safe-haven flows as a result of the Brussels terror attacks, as well as surprisingly hawkish comments from Fed officials in recent days...
FXWIREPRO: Short Cable Below Supports at 1.4229 As Gains Seem Momentary, Major Bear Trend Intact Speculate Via Binaries Although we are seeing upswings, we suspect the sustenance and could foresee the many technical obstacles for its sustainability. Be cautious and stay away between 1.4280 - 1...
Asia FX: Don’t Drive with Flat Tyres – Deutsche Bank Research Team at Deutsche Bank, had held to their view that the recent risk rally was not to be chased in Asian FX as both wheels of the Asian growth cycle were slowly deflating, with the export cycle in deep negative territory and the credit c...
GBP/USD Nears 1.43, Trades Above Hourly 200-MA Dollar selling is gathering pace in early US, courtesy of which the GBP/USD pair has taken out hourly 200-MA of 1.4265 and is now eyeing 1.43 handle...
Will Yellen Reinforce Her Comments from FOMC Meeting? - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that on a DXY basis, the US dollar is close to unchanged from the pre-Easter London holiday close underlining the lack of drivers for the dollar over the vacation period...
USD/CAD Falls Further to 1.3160 The greenback is extending its daily decline today, now relegating USD/CAD to the lower end of the range near 1.3160. USD/CAD weaker ahead of Yellen Spot has retreated to multi-day lows in the 1.3165/60 band as the US dollar has reverted its initial positive note...