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GBPUSD is Targeting 1.4805 by Nenad Kerkez - Admiral Markets Fears of Brexit no longer burden GBPUSD and at this point GBPUSD is rallying toward next resistance at 1.4650...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 18:08
UK: Fear Moves from Brexit to the Economy - Danske According to analysts from Danske Bank, fears about the exit of the United Kingdom of the European Union eased during the last days, but uncertainties hit the economy...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 18:04
FxWirePro: Bullion Market Edges Higher to Break 14-Months Highs - Hedge Gold Risks With Via 3 Way Straddles Versus Puts Gold spot is attempting to break 14 months highs at 1284 today, as a weaker U.S...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 17:17
EUR/GBP Having Best Day in Three Weeks After four days moving with limited price action, EUR/GBP broke to the upside and rallied to 0.7837, reaching the strongest level in a week. The pair strengthened during the American session after breaking above 0.7800 and jumped higher...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 17:12
EUR/USD Forecast: Finally Time for a Breakout? by Valeria Bednarik - FXStreet It was a bad week for the greenback, as there was not a single sign that the US has reverted the slowdown suffered late 2015...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 17:08
EUR/USD Eyeing Highest Weekly Close Since May 2015 The EUR/USD pair added some more weight above 1.1400 handle, rising to session high of 1.1446 on disappointing US economic data...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 17:00
FxWirePro: GBP/USD Rallies to 12-Week High, Outlook Remains Bullish The British pound surged strongly on Friday to hit 12-week high against dollar as investors sold off dollar on back of cautious tone on further rate hike by Federal Reserve earlier in the week...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 16:54
Canadian Bonds Slump on Tracking Firm Crude, Despite Weak GDP Figure The Canadian government bonds slumped on Friday for second straight day on following strong crude oil prices. The yield on the benchmark 10-year bonds, which moves inversely to its price, moved up 0.40 pct to 1...
Market News
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Roberto Jacobs, 29 April 2016, 16:05
China's Commodity Frenzy Defies Regulatory Curb and Higher Fees Last week all three exchanges, Shanghai futures exchange, Zhengzhou commodity exchange and Dalian commodity exchange all hiked commodity futures fees in order to prevent excessive speculations in China’s commodity markets, but that i...
Market News
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Roberto Jacobs, 29 April 2016, 16:03
U.S. Treasury Yields Rise Modestly on Profit Booking The U.S government bonds slumped as investors booked profit on last day of the week after long weekly rally due to FOMC decision. Also, firm crude oil prices drove investors from safe-haven assets...
Market News
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Roberto Jacobs, 29 April 2016, 16:00
USD/JPY Regains 107.00 but Hovers Near 18-Month Lows USD/JPY extended weakness on Friday and broke below April lows to set a fresh 18-month trough as investors continue to assess BoJ and Fed decisions. USD/JPY fell below the 107 mark and scored its lowest level since October 2014 at 106...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 15:56
US: Personal Income Rises 0.4% in March; PCE in Line with Expectations The Bureau of Economic Analysis informed that during March personal income increased 0.4%, above the 0.3% gain expected by market consensus; personal spending rose 0.1%, below expectations of a 0.2% increase...
Currency
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Roberto Jacobs, 29 April 2016, 15:55
USD/MXN Drops to 4-Month Lows, Eyes 17.00 The Mexican peso is rising sharply against the US dollar as it continues to rally for the fifth day in a row. USD/MXN broke below 17.15 and tumbled to 17.04, reaching the lowest level since December 21. The pair is trading near daily lows, eying 17.00...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 15:50
Gold Headed for its Highest Close Since Jan. 2015 Gold continues to get a boost from weaker US Dollar and the yellow metal has now surged past $1280 level, its highest level since March 11...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 15:45 #gold
GBP/USD: The Price is Unlikely to Go Above the Level of 1.4625. Technical Analysis of 29/04/2016. Review and dynamics The pair GBP/USD has been growing for the third consecutive week. Earlier, the pair went up in the channel on the daily chart consolidating above support level of 1...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 15:41
GBP/USD: Consumer Confidence in the UK Fell in April. Fundamental Analysis of 29.04.2016. According to the data presented by research company GfK today, consumer confidence index in the UK fell to the negative value of -3. This is the lowest level since the end of 2014...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 15:33
US Stocks Futures Point to a Yet Another Weak Start Tracking weakness across Asian and European stock markets, major US stock indices futures are pointing to a lower opening on Friday...
Market News
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Roberto Jacobs, 29 April 2016, 15:27
USD/CAD Struggling to Recover, Holds 1.2500 Handle The USD/CAD pair's attempted recovery from 1.2500 mark fizzled out near 1.2530 level after the release of monthly Canadian GDP data. Just ahead of the release the pair recovered from day's through but failed to extend the recovery beyond 1.2530...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 15:23
EUR/USD Extends Gains After US Data, Nears Monthly Highs EUR/USD regained the 1.1400 level and climbed to fresh highs at the beginning of the New York session as the greenback took another hit from tame US inflation data...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 15:20
AUD/USD Turns Flat, 0.7600 Eyed The AUD/USD pair erased most of its day's gain and is currently trading at 0.7627, nearly unchanged from yesterday's close of 0.7625. Following Wednesday's release of weak Australian CPI number that showed inflation dropping below 0...
Analytics & Forecasts
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Roberto Jacobs, 29 April 2016, 15:16