Roberto Jacobs / Blog
US NFP Preview: We Expect Another Soft Report - Wells Fargo Analysts from Wells Fargo, expect a soft May employment report (Friday) but they explain that the unemployment rate can continue to decline even in the face of more modest job gains...
EUR/USD Bid Above 1.1140 The European currency remains firm on Monday, sending EUR/USD nearly 50 pips higher since overnight troughs in the 1.1100 region...
Yellen’s Comments Boost USD Market Brief In the wake of another batch of disappointing economic data from the US, Janet Yellen said on Friday that an interest rate hike should be appropriate in the coming months but did not give further details about the timing...
Fed Hike Hype Growing, USD Gains Forex News and Events Yellens comments support hike but watch data This will be a big week for enforcing expectations for a Fed summer rate hike, even providing granularity of either June or July...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, XAU/USD (Gold) Analysis for May 30th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar has reached the target of the first Fibonacci retracement expansion; the structure looks like the first wave of another downtrend...
NZD/USD Holding Recovery Gains to 0.6700 but Remains Vulnerable Extending its recovery from a two-month low level of 0.6675 touched earlier during Asian session, the NZD/USD pair continues to hold its neck above 0.6700 handle...
EUR/USD Remains Under Pressure – Scotiabank Shaun Osborne, Chief FX Strategist at Scotiabank, sees the pair still vulnerable in light of the upcoming ECB meeting and against the backdrop of a potential rate hike by the Fed...
USD/CAD Holding Gains to 1.3065 on After Canadian Data The USD/CAD pair was unmoved above the mid-point of 1.3000-1.3100 handle despite of weaker-than-expected economic data from Canada...
US Dollar Keeps Gains Near 95.70 The greenback, tracked by the US Dollar Index, has lost its earlier upside momentum and has returned to the 95.70 area. US Dollar capped around 96.00 After a brief test of fresh multi-week tops in the vicinity of the 96...