All Blogs

To add a new post, please log in or register
USDJPY should continue marching higher, supported by bullish risk appetite and yield differentials turning in favour of USD. A test of 112.50 seems likely with recent latest signs of Japan resuming buying in foreign debt markets...
Analytics & Forecasts
  • 51
  • 1
Vasilii Apostolidi, 21 April 2016, 18:10 #forex
EUR/USD Tumbles to Lows Near 1.1270 The selling pressure around the euro is not giving up, now relegating EUR/USD to trade in session lows near 1.1270. EUR/USD weaker after ECB Spot is now off more than a cent since earlier ECB-induced peaks near 1...
Analytics & Forecasts
  • 47
  • 1
Roberto Jacobs, 21 April 2016, 17:33
AUD/USD Reverses From 10-Month Highs A strong recovery of the US dollar across the board pushed AUD/USD sharply to the downside amid a decline in crude oil, gold, and equities. AUD/USD to 2-day low The pair climbed during Mario Draghi’s press conference to 0...
Analytics & Forecasts
  • 27
  • 1
Roberto Jacobs, 21 April 2016, 17:31
USD/CAD Keeps Highs Near 1.2700 The greenback remains on a firm footing vs. its Canadian counterpart on Thursday, now sending USD/CAD to the boundaries of 1.2700 the figure, session peaks...
Analytics & Forecasts
  • 39
  • 1
Roberto Jacobs, 21 April 2016, 17:29
EUR/USD Up & Down it Goes, Back Below 1.13 The dollar is alive! EUR/USD has fully reversed the initial bullish attempt to the 1.1400 handle and is now posting losses in the 1.1280 area. EUR/USD turns negative in sub-1...
Analytics & Forecasts
  • 32
  • 1
Roberto Jacobs, 21 April 2016, 17:27
GBP/USD Retreats from Highs, Back Below 1.4400 After advancing to fresh multi-week tops near 1.4440, GBP/USD lost impetus and is now retreating to the 1.43860 area...
Analytics & Forecasts
  • 29
  • 1
Roberto Jacobs, 21 April 2016, 17:25
FxWirePro: EUR/USD Runs Out of Steam But Maintains Bullish Outlook The EUR/USD rose towards 1.1400 levels on Thursday after European Central Bank held interest rate unchanged at record lows followed by ECB press conference...
Analytics & Forecasts
  • 43
  • 1
Roberto Jacobs, 21 April 2016, 17:20
WTI Drops to Lows Near $43.00 After posting fresh 2016 highs near $44.50 in early trade, prices for the barrel of West Texas Intermediate (WTI) have quickly fell back to test the $43.00 support...
Crude Oil
  • 54
  • 1
Roberto Jacobs, 21 April 2016, 17:17 #WTI
The ECB meeting is the session's highlight. In recognition of the risk that ECB President Draghi expresses displeasure with the premature tightening of financial conditions through the exchange rate channel is encouraged a modest bout of euro selling...
Market News
  • 61
Francis Dogbe, 21 April 2016, 16:29 #ECB
Pre-Requisite Reading: CL: Crude Oil Futures March Forecast...
Analytics & Forecasts
  • 59
AynGannRand, 21 April 2016, 16:27 #technical analysis
The Treasury Department announced Wednesday that women will be incorporated into new designs for the $5, $10 and $20 bills. Here is a look at the new lineup. Araminta Ross, known as “Minty,” was born into slavery on the Eastern Shore of Maryland around 1822...
Currency
  • 59
Francis Dogbe, 21 April 2016, 16:24
The shared currency recovers losses and returns to the positive territory versus the American dollar in the mid-Asian trades, with EUR/USD now striving hard extend gains above 1.1300. EUR/USD eyes on 5-DMA at 1.1314 Currently, EUR/USD trades modestly flat at 1...
Analytics & Forecasts
  • 71
Francis Dogbe, 21 April 2016, 16:21
Oil prices are higher again, and so too are iron ore prices...With BHP warning of a near-term, correction (downwards) and with output of iron ore soaring, the rally should be treated with a bit of caution, but it’s going to go on supporting the Australian dollar for now...
Analytics & Forecasts
  • 35
  • 1
Vasilii Apostolidi, 21 April 2016, 16:08
EUR/GBP Turns Positive on ECB Comments Euro pairs cheered comments from ECB President Mario Draghi that broad financing conditions have improved with EUR/GBP pair recovering sharply from 3-week lows of 0.7854 to turn positive before trading nearly unchanged from Wednesday's close...
Analytics & Forecasts
  • 47
  • 1
Roberto Jacobs, 21 April 2016, 15:05
EUR/USD Flirts with 1.14 on Draghi The single currency is advancing further vs. the greenback today, taking EUR/USD to the area of daily tops around 1.1400 the figure. EUR/USD cautious on Draghi The pair is trading in a choppy fashion as usual following Draghi’s press conference...
Analytics & Forecasts
  • 50
  • 1
Roberto Jacobs, 21 April 2016, 15:03
Preview for ECB Meeting and Implications for EUR, Metals, Equities Talking Points: - EUR/USD lingering below key resistance near $1.1460/1.1500. - Equity markets, precious metals remain in a bullish posture. - Crowd's disdain for EUR/USD shows in positioning changes...
Market News
  • 43
Mohammed Abdulwadud Soubra, 21 April 2016, 15:02
China: Comfortable Keeping USD/CNY Relatively Stable – Deutsche Bank Research Team at Deutsche Bank, suggests that as China continues to liberalize its capital account, the authorities are comfortable keeping the USD/CNY relatively stable for the time being...
Analytics & Forecasts
  • 90
  • 1
Roberto Jacobs, 21 April 2016, 14:57 #China
EUR/JPY Bulls Aiming for 125.00 Mark After opening with a lower gap and subsequent dropping to the lowest level in over 3-years, the EUR/JPY pair has recovered smartly from Monday's low of 121.71 and post ECB announcement has moved within striking distance of touching 125.00 mark...
Analytics & Forecasts
  • 61
  • 1
Roberto Jacobs, 21 April 2016, 14:54
USD/CAD Remains a ‘Sell on Strength’ – Scotiabank Strategists at Scotiabank have reiterated the suggestion of selling the upticks in USD/CAD in the short-term...
Analytics & Forecasts
  • 99
  • 1
Roberto Jacobs, 21 April 2016, 14:51
NZD/USD Neutral Near-Term – Westpac Strategist at Westpac Imre Speizer noted the neutral perspective for the Kiwi dollar for the week ahead. Key Quotes “NZD/USD remains in an upward trend which dates from mid-Jan, our upside target for the month ahead being 0.7175 (the Feb 2015 low)”...
Analytics & Forecasts
  • 30
  • 1
Roberto Jacobs, 21 April 2016, 14:50 #nzdusd