Roberto Jacobs / Blog
US Economy on a Path of Recovery – BNZ Research Team at BNZ, suggests that after a soft end to 2015, US activity indicators have stabilised or shown improvement...
Springtime in Emerging Markets – Danske Bank Research Team at Danske Bank, suggests that one of the most striking features so far of 2016 has been the relative strength of Emerging Market (EM) currencies which has happened over a period when other risky assets generally plummeted...
EUR/GBP Drops Below 0.79, Turns Red EUR/GBP is trading weak around 0.7880 as British Pound is marching higher against the greenback amid holiday thinned trade. GBP recovery continues Cable is up 0.24% today even though the upward revision of the US Q4 GDP pushed up treasury yields...
GBP/JPY Clocks 4-Day High Offered tone around JPY strengthened, pushing the GBP/JPY pair to a four-day high of 160.77 levels. Treasury yields rise, Yen drops Rise in the US treasury yields following an upwardly revised US Q4 GDP released on Friday is keeping the Yen under pressure...
EUR/USD Wobbles Near 1.1170, US Data Eyed The common currency is looking to extend the rebound from overnight troughs vs. the dollar, now sending EUR/USD to the 1.1165/70 band...
China’s Pension Fund May Start Buying Stocks This Year- China Daily The state-run China Daily reported via CNBC this Monday that China's massive pension fund is mulling over investment plans in the mainland's A-shares this year, a move which could see 600 billion Chinese yuan ($92...
AUD/JPY Firmer, Heading Towards 200-DMA? The AUD/JPY cross received a double booster shot on Easter Monday, with light trading adding to the bullish under tone, driving the rate towards 85.50. AUD/JPY gains for the 3rd straight session Currently, the AUD/JPY pair rises 0.64% to 85...
US Treasury Yields Rise on Upward Revision of US Q4 GDP Treasury prices in the US dropped, pushing the yields higher after the data released on Friday revised Q4 GDP higher, largely in the back of strong personal consumption...
US: PCE Deflator and Personal Income and Spending Data Today - Nomura Research Team at Nomura, notes that the US employment grew at a faster pace in February than in January but the average hourly earnings retreated in February, falling by 0.1...