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AUD/USD in Fresh Highs Near 0.7500 The bullish momentum around the Aussie dollar remains unabated so far, now lifting AUD/USD to the boundaries of 0.7500 the figure. AUD/USD in multi-month peaks The pair continues its march north today, visiting levels last traded in July 2015 around the 0...
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Roberto Jacobs, 9 March 2016, 14:52
Yen Falls Against Majors The Japanese yen erased its early gains against its major rivals and declined in European deals on Wednesday. The yen eased to 76.31 against the kiwi, 84.41 against the aussie, 160.29 against the pound and 112.67 against the franc, from its early 6-day high of 75...
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Roberto Jacobs, 9 March 2016, 14:48
EUR/GBP: Bearish Mood Intact After Upbeat UK Data The EUR/GBP pair is looking to extend losses after the data in the UK showed manufacturing output improved higher than estimates in January. Eyes 0.77 handle The cross appears on track to test psychological support level of 0.77...
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Roberto Jacobs, 9 March 2016, 11:09
GBP/USD Advances Above 1.4200 Post-UK Data The sterling has now recovered the smile after mixed UK releases, lifting GBP/USD to test session highs near 1.4240. GBP/USD keeps 1.4200 on data Spot is now extending its bounce off session lows in the 1...
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Roberto Jacobs, 9 March 2016, 11:07
GBP/JPY Retakes 160.00 Handle Ahead of UK Data The buying interest in Sterling spiked ahead of the UK data release, pushing the GBP/JPY pair back above 160.00 levels. Trades positive on the day The cross now trades moderately positive on the day near 160.20 levels...
Currency
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Roberto Jacobs, 9 March 2016, 11:02
USD/CAD Off Highs, Back Near 1.3400 USD/CAD has faded the initial spike to daily peaks in the mid-1.3400s, coming back to challenge the critical support at 1.3400 the figure. USD/CAD attention to oil, BoC Crude oil prices have abandoned the area of recent highs beyond the $38...
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Roberto Jacobs, 9 March 2016, 11:00
GBP/USD Turns Positive Ahead of UK Data The bid tone around Sterling strengthened, pushing the GBP/USD pair higher on the day to 1.4222 levels ahead of the UK manufacturing production data. Supported by 23.6% Fibo level Pair flirted with 1.4178 (23.6% of 1.3835-1...
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Roberto Jacobs, 9 March 2016, 10:58
Canadian Dollar Off Early Lows Vs Euro and U.S. Dollar The Canadian dollar trimmed its early losses against the euro and the U.S. dollar in pre-European trading on Wednesday. The loonie recovered to 1.4731 against the euro and 1.3418 against the greenback, from its early low of 1...
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Roberto Jacobs, 9 March 2016, 09:31
EUR/USD: Sell Rallies Towards 1.12 – Westpac Strategists at Westpac have recommended selling the pair on rallies towards the 1.1200 area. Key Quotes “EUR/USD materially overvalued against 2yr Bund-Tsy spreads, the latter suggesting 1.05/06 is more "reasonable". “That said a run at 1...
Currency
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Roberto Jacobs, 9 March 2016, 09:22
EUR/JPY Deflates to Lows Near 123.50 The now offered tone around the European currency is dragging EUR/JPY lower on Wednesday, testing the area of daily lows in the mid-123.00s...
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Roberto Jacobs, 9 March 2016, 09:13
AUD: Failing Fundamental Tests of Strength - ANZ Daniel Been, Senior FX Strategist at ANZ, suggests that the AUD has remained remarkably resilient which has driven the AUD back into territory that suggests it is overvalued...
Currency
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Roberto Jacobs, 9 March 2016, 07:19
USD/JPY Bulls Rescued by Stronger USD, Recovers to 112.70 Having bottomed out near 112.40 region, the USD/JPY pair almost reversed the entire slide seen post-Tokyo open and now aims to test 113 handle. USD/JPY finds support near Tuesday’s low The major once again attempts recovery from 112...
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Roberto Jacobs, 9 March 2016, 07:13
FXWIREPRO: Risk Aversion Weighs on USD/JPY, Downside Likely to Test 112.30 Levels Worse-than expected Chinese trade figures and oil price sell-off continues to weigh on market sentiment. USD/JPY largely range-bound in the Asian session, after two consecutive day's of losses...
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Roberto Jacobs, 9 March 2016, 07:06
FXWIREPRO: NZD/USD Edges Lower from Session Highs at 0.6750, Good to Sell Rallies Kiwi unable to extend gains beyond 0.6819 and is extending downside for the third consecutive session...
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Roberto Jacobs, 9 March 2016, 07:03 #nzdusd
FXWIREPRO: New Zealand Dollar Continues to Fall Against Aussie Ahead of Cash Rate Decision Pair is currently trading at 1.1045 levels. It made intraday high at 1.1046 and low at 1.0993 levels. Intraday bias remains bullish for the moment. A daily close above key resistance at 1...
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Roberto Jacobs, 9 March 2016, 07:00
Euro Falls Against Majors The euro weakened against the other major currencies in the Asian session on Wednesday. The euro fell to a 6-day low of 123.44 against the yen and a 2-day low of 1.0972 against the U.S. dollar, from yesterday's closing quotes of 124.02 and 1.1009, respectively...
Currency
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Roberto Jacobs, 9 March 2016, 06:01
U.S. Dollar Advances Against Most Majors The U.S. dollar strengthened against most major currencies in the Asian session on Wednesday. The U.S. dollar rose to 2-day highs of 1.0974 against the euro and 0.9979 against the Swiss franc, from yesterday's closing quotes of 1.1009 and 0...
Currency
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Roberto Jacobs, 9 March 2016, 05:59
Yen Rises Against Majors The Japanese yen strengthened against the other major currencies in the Asian session on Wednesday. The yen rose to a 1-week high of 159.51 against the pound and a 6-day high of 123.44 against the euro, from yesterday's closing quotes of 160.05 and 124.02, respectively...
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Roberto Jacobs, 9 March 2016, 05:57
EUR/USD Heavy, Breaches 50-DMA Support Near 1.0980 The offered tone around the EUR picked-up pace post-China open, now sending EUR/USD further below 50-Dma support located at 1.0982. EUR/USD fails once again above 1.1000 Currently, EUR/USD drops -0.33% to fresh session lows of 1...
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Roberto Jacobs, 9 March 2016, 05:30
NZD/USD Under Pressure Below 0.6750 Amid Risk-Aversion The NZD/USD pair stalled its overnight slide in Asia, although remains vulnerable as the extended sell-off in the Asian equities combined with subdued oil prices weigh negatively on the Kiwi. NZD/USD capped by 0...
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Roberto Jacobs, 9 March 2016, 05:03 #nzdusd