Roberto Jacobs / Profilo

US Jobs Report will be the Focus for Markets - BBH Research Team at BBH, suggests that the March US jobs report will be the focus for markets today. Key Quotes “Consensus is 205k vs. 242k in February. We think there is risk of an asymmetric market reaction...

USD Still Vulnerable ahead of NFP Report – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the US dollar continues to remain on the defensive ahead of the release today of the latest non-farm payrolls report...

JPY: Stronger Yen Hits Business Confidence in Japan - MUFG Lee Hardman, Currency Analyst at MUFG, suggests that the weakness in the Japanese equity market and the strengthening of the yen likely reflects as well a further loss of investor confidence in Abenomics following the release overnight of...

Euro Rises As Eurozone Manufacturing Growth Improves The euro strengthened against the other major currencies in the Asian session on Friday, after data showed that the Eurozone manufacturing growth improved more than initially estimated in March...

US: Less Dovish Fed Speak – Investec Research Team at Investec, notes that in terms of US economic data yesterday, the main takeaway was further improvement in US manufacturing, with the March Chicago PMI reading showed an increase of 6pts last month to a better than expected 53.6 (vs. 50...

GBP: Final Reading of Q4 UK GDP Revised Up – Investec Research Team at Investec, notes that yesterday saw UK Quarterly GDP growth for Q4 last year was revised up a touch, to +0.6% from +0.5% previously estimated. Key Quotes “For the year 2015 as a whole, growth was also revised up by 0.1pp, to 2...

Indonesian Bond Climbs on Fuel-Price Cut Expectation The Indonesian sovereign bonds rose on Friday, pushing the 10-year yield down the most in a month, on speculation a cut in domestic fuel prices will keep inflation in check. The price consumers pay for gasoline was lowered 7...

EUR/GBP Pushes Higher Near 0.7980 The march north in EUR/GBP continues unabated today, currently testing fresh more than 1-year highs around 0.7980. EUR/GBP boosted by GBP-selling The European cross is trading in levels last seen in late December 2014 near 0...

EUR/USD Rangebound Near-Term – Danske Bank Jens Pedersen, Senior Analyst at Danske Bank, sees the pair in a consolidative pattern prior to resume its upside. Key Quotes “We still stress that time is not yet ripe for a move towards the 1...

GBP/USD Extends the Drop to 1.4320 The sterling remains on the defensive on Friday, now sending GBP/USD to the 1.4320 area, or session lows. GBP/USD lower post-PMI, focus on US data The pair is prolonging its recent downside after being rejected from Wednesday’s peaks near 1...

Daily Analysis of Major Pairs for April 1, 2016 EUR/USD: This currency trading instrument has trended upward by 250 pips, testing the resistance line at 1.4000...

EUR/USD Gathers Pace, Takes-out 1.1400 ahead of NFP The bullish tone behind the EUR gathers pace in the European session, now taking EUR/USD above 1.14 handle, as risk-off sentiment and upbeat PMIs underpin. EUR/USD higher on cross driven strength Currently, EUR/USD trades +0...

UK Manufacturing Growth Improves Less Than Expected British manufacturing growth improved less-than-expected in March, though slightly, survey figures from Markit Economic showed Friday...

BOJ’s Sakurai: Current Yen Not Too High vs its Level in 2012 Bank of Japan’s (BOJ) Sakurai, while commenting on exchange rate said the current level of Yen is not too highs compared to the one seen in 2012...

Canadian FinMin: Not Considering Further Measures to Tackle Housing Market Risks Speaking in London, Canadian finance ministry Morneau commented on Canada’s overall economic conditions as well as on oil markets...

GBP/JPY Drops Below 161.00 After UK PMI Data A weaker-than-expected UK PMI manufacturing PMI is keeping GBP/JPY under pressure below 161.00 handle. Rejected at 161.73 The cross was rejected at 161.73 (falling trend line resistance on the daily chart) following which it fell to a low of 160...

Eurozone Manufacturing Growth Improves In March Eurozone manufacturing growth improved more than initially estimated in March, final data from Markit showed Friday. The factory Purchasing Managers' Index rose to 51.6 in March from 51.2 in February and above the flash score of 51.4...

USD/JPY Still Vulnerable – Commerzbank In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the door remains open for further downside below 111.97. Key Quotes “USD/JPY’s correction higher has failed at the top of a 6 week channel at 113...

EUR/GBP Hits Fresh 16-Month Highs on UK PMI The EUR/GBP cross caught a fresh bid tone following the release of worse-than expected UK manufacturing PMI report, which weighed on the British pound. EUR/GBP eyes 0.8000 Currently, the EUR/GBP pair trades 0.33% higher at fresh 16-month highs of 0...

GBP/USD Bullish Above 1.4270 – UOB In view of the research team at UOB Group, GBP/USD points to further gains while above 1.4270. Key Quotes “While the undertone for GBP remains positive as long as the 1.4250 support is intact, this pair has to break clearly above 1...