Roberto Jacobs / Profilo

NOK, CAD: Its All about Oil? - Rabobank Jane Foley, Research Analyst at Rabobank, notes that yesterday Nigerian oil Minister Emmanuel Ibe Kachikwu reportedly stated that the country’s oil production had fallen by almost 40% to 1.4 b/d due to militant attacks on facilities in the Delta region...

Fed: June Rate Hike Chances Growing - ING Rob Carnell, Chief International Economist at ING affirms that recent economic data and current financial conditions increased the chances of a rate hike from the Federal Reserve at the June meeting Key Quotes: “With inflation heading back in the right di...

USD/JPY Erases Gains and Hits Fresh Lows Under 109.00 USD/JPY rose toward daily highs after US CPI data but then turned to the downsides and it has been falling constantly since then. Recently it dropped below 109.00 and currently trades at 108.95. It printed a fresh daily low at 108.82...

FxWirePro: Hedge Renewed Aud Weakness Upon Risks of RBA'ss Easing Cycle The RBA doesn’t seem to have finished cutting interest rates, and markets should refocus on China woes in H2...

Crude Oil Rally Boosts Risk Assets, Commodity Currencies It has been a remarkable year for crude oil and market participants that specialize in this particular market...

Gold Tests Highs Around $1,280, Fedspeak Eyed The ounce troy of the precious metal is extending its weekly advance today, testing daily tops in the $1,280 area...

US Dollar Drops to 94.40 Despite US Data The greenback, measured by the US Dollar Index, is trading on the defensive today around the 94.40 area...

EUR/GBP Recovers Sharply, Erases Majority of its Losses to Move Back Above 0.7850 The EUR/GBP pair's recovery from day's through level of 0.7800 gained traction in the last one hour, boosting the pair back above 0.7850 level (20-day SMA region...

Canadian Bonds Tad Up on Weak Manufacturing Sales, Likely to Slump on Firm Crude The Canadian long-term bonds traded modestly firmer on Tuesday after reading weak March manufacturing sales. Moreover, bond prices are likely to be ruled by the movements in global crude oil...

RBA Minutes Lack Explicit Easing Bias, But Extent of Infation Downgrades Keep Alive Rate Cut Bets Minutes of the RBA May 3rd policy meet definitely lack explicit easing bias...

FxWirePro: Hedging Baskets in Asian Crosses ahead of Economic Data Turbulence The Thai economy grew by 0.9% on a QoQ seasonally adjusted basis in the March quarter of 2016, compared to a 0.8% growth in the previous quarter and above market consensus of a 0...

U.S. Treasuries Slide on Firm Economic Data The U.S. Treasuries slumped on Tuesday as consumer price index ticked higher in April. Firmer U.S housing starts also added to the downfall. The yield on the benchmark 10-year Treasury note which moves inversely to its price rose 1bp to 1...

USD/JPY Likely to Move Towards 116 by 2016-End The USD/JPY vulnerability continues to be a major factor in FX through April. The pair continues to be on its volatile downtrend, noted Lloyds Bank in a research report...

EUR/USD: US Rate Hike Getting Closer? EUR/USD Current Price: 1.1310 The EUR/USD pair advanced up to 1.1339 this Tuesday, as risk appetite dominated the first half of the day. The pair however, retreated towards its daily lows in the 1...

EUR/USD Recovers Sharply to 1.1350 from Sub-1.1300 Level As the US trading session gets underway, fresh bids just below 1.1300 handle boosted the EUR/USD pair to the vicinity of 1.1350 level. The pair initially dropped below 1...

USD/CAD Neutral/Bullish Short-Term – Scotiabank FX Strategist at Scotiabank Eric Theoret has reiterated the bullish perspective for the pair in the near term. Key Quotes “USDCAD remains bound within the (roughly) 1.2780-1.3000 range from early May”. “The 50 day MA (1...

WTI Retakes $48.00 ahead of Fedspeak, API The barrel of West Texas Intermediate is back around the $48.00 mark after deflating to the $47.50 region. WTI off 2016 highs The recovery of crude oil prices has lifted the WTI to levels last seen in October 2015 around $48...

USD/CAD Unable to Extend Momentum Beyond 1.2950 A slight better-than-expected CPI data and an extended slide in oil prices boosted the USD/CAD pair back above 1.2950 level before giving-up few pips to currently trade near 1.2939...

US Musing: The 2016 Presidential Election - TDS Millan L. B...

Copper is Leading the Move – BBH Research Team at BBH, notes that the Copper is leading the move, and a clean break of the 208 area would set up a test of the January low near 193.55...