Roberto Jacobs / Blog
Indian Bond Yields Fall on Expectation of Lower Lending Rate The 10-year Indian bond yields declined -0.05% on Monday as the government’s move to cut the small savings rate by 0.6% to 1.3%. Moreover, the Reserve Bank of India is also expected to cut interest rates by at least 0...
Australian Bonds to Weaken Further on fED Rate Hike Expectation The Australian bond market is weaker and it is expected to weaken further as investors continue to absorb the U.S. Fed's interest rate outlook. Meanwhile, the benchmark 10-year bond yield closed lower -0.39% on Thursday...
USD/CNY Hovers Around Key Resistance at 6.5195, Intraday Bias Remains Neutral USD/CNY is currently trading around 6.5162 levels. It made intraday high at 6.5208 and low at 6.5148 levels. Intraday bias remains neutral for the moment. A sustained break above 6...
FXWIREPRO: Russian Rouble Continues to Add Strength Against US Dollar, Sell on Rallies USD/RUB is currently trading around 67.7121 levels. It made intraday high at 68.7060 and low at 67.7245 levels. Intraday bias remains bearish till the time pair holds key resistance at 69.0017 levels...
No Plans to Refinance Older JGBs – Japan’s Aso Japanese Finance Minister Mr. Taro Aso crossed the wires via Reuters on Monday, commenting on the JGBs refinance plans. However, he provided no hints on further BOJ easing any time soon...
Fed’s Williams – Rate Hikes Likely This Year San Francisco Federal Reserve President John Williams reiterated his view that rate hike are likely this year if data trends continue to show sold US economic growth...
NZD/USD: Bullish Momentum Stalls Around 0.67 The oil driven bullish move in the NZD/USD appears to have stalled in Europe, with pair struggling to extend gains above 0.67 levels. Focus on oil ahead of US data The spot recovered from the low of 0...
EUR/GBP Turns Negative Below 0.7900 The better tone in the sterling has been weighing on EUR/GBP on Monday, dragging it to the 0.7880 area, or session lows. EUR/GBP finds decent support at 0.7880 The European cross has broken below the 0...
GBP/USD Extends Recovery Towards 0.4200 Having bottomed out near 1.4120 region in the Asian trades, the GBP/USD pair regains ground, with 1.42 handle on sight. GBP/USD testing offers near 1.4180 The GBP/USD pair rises 0.34% to 1.4173, trying hard to take 1.4180 barrier...