Roberto Jacobs / Blog
JPY: PM Abe Dampens Speculation of Sales Tax Postponement - MUFG Derek Halpenny, European Head of GMR at MUFG, notes that the PM Abe spoke in the Diet today and was clear that the government was not considering postponing the planned sales tax increase from 8% to 10% scheduled for April 2017, arg...
Fed Chair Yellen’s Speech in the Limelight Today – Deutsche Bank Research Team at Deutsche Bank, suggests that we are due to hear from Fed Chair Yellen, speaking at the Economic Club of New York (scheduled for 4.20pm GMT...
AUD/USD Faces Consolidation Near-Term – UOB In opinion of the research team at UOB Group, the Aussie dollar could face further consolidation in the next 1-3 weeks. Key Quotes “In recent updates, we were of the view that the pull-back from the high of 0...
US Really Ready for Hike as Markets Confused and Yellen Speaks Today – Investec Research Team at Investec, notes that over the Easter Bank Holiday weekend, the US Dollar stumbled after what had been several sessions of strength on increasing rate hike optimism...
EUR/USD Turns Positive Near 1.1200 A bout of selling pressure around the greenback is allowing EUR/USD to regain the positive territory and the 1.1200 handle. EUR/USD advances as USD retreats Spot has managed to bounce off session lows near 1.1170 and regain the 1...
Pound Rises As European Equities Rebound After Long Weekend The British pound strengthened against the other major currencies in the European session on Tuesday, as investors return to trading following a long holiday weekend and await remarks from Fed Chair Janet Yellen on the U.S...
Daily Analysis of Major Pairs for March 29, 2016 EUR/USD: This pair moved sideways on Monday, just like its USD/CHF rival. A movement below the support line at 1.1050 would easily render the recent bullish outlook invalid...
EUR/GBP Deflates to 0.7840, Session Lows The now increasing buying interest around the sterling is sending EUR/GBP to the area of session lows near 0.7840. EUR/GBP lower on GBP-buying The European cross is navigating fresh 5-day lows around 0...
Fed’s Williams Expects to See Rates Rising Gradually Speaking in Singapore, San Francisco Fed president John Williams repeated that he sees rates rising gradually. Key Quotes: There’s a way to go before Fed shrinks balance sheet Recent inflation developments are very encouraging...