Roberto Jacobs / Blog
Sterling: Weakest Performer Among the Major Currencies - BBH Research Team at BBH, notes that the Sterling is the weakest performer among the major currencies today. Key Quotes “Initially, it was bid to a three-day high near $1.4725 before reversing to a five-day low...
Oil Prices Set to Boost Canadian GDP for Q1 Forex News and Events US data is key US front-end yields continue to climbing causing the overall curve to flatten as markets price in a June rate hike. US 2yr yields have reached 2016 high at 0.93%, up nearly 7bps since Friday...
AUDUSD Rallies On Bullish Offensive AUDUSD - With the pair rallying strongly on Tuesday, it faces further bullishness in the days ahead. On the downside, support resides at the 0.7200 level where a breach will aim at the 0.7150 level. Below that level will set the stage for a run at the 0...
US Payrolls Preview: Keeping a Tick in the Box – ING Research Team at BBH, suggests that the Non-farm payrolls (NFP) is currently not critical to the FOMC’s thinking...
EUR/GBP: In Anticipation of the ECB's Decision On Interest Rates. Fundamental Analysis as of 31.05.2016 EUR/GBP pair has declined for the second consecutive month...
Bonds Slide As Deflation Slows in Eurozone, ECB Meeting Eyed The European bonds plunged on Tuesday after May consumer inflation data showed that euro-area deflation eased in May...
EUR/USD: Levels, Ranges, Targets Reason for the overnight 32 pip range from 1.1154 to 1.1122 is EUR bottoms rose 23 pips from the bottom point and 40 pips from the range point. Additionally, prices are locked together both down and the upside. Current bottom is found at 1...
Gold Attempting a Recovery to 100-DMA Ahead of US Data After dipping below $1200 level on Monday, Gold is attempting a recovery back towards 100-day SMA as traders seem to reduce their bearish bets ahead of the US economic releases...
USD/JPY Targets 111.90 – UOB The research team at UOB Group expects the pair to extend the upside towards the 111.90 region. Key Quotes “The target indicated at 111.30 was exceeded as USD surged to a high of 111.43...