All Blogs

To add a new post, please log in or register
EUR/GBP Dips to Lows Near 0.7970 EUR/GBP continues to suffer the selling interest around the single currency, now testing daily lows in the 0.7970 area...
Analytics & Forecasts
  • 18
  • 1
Roberto Jacobs, 13 April 2016, 07:45
BOJ’s Harada: BOJ will Fully Debate Additional Easing Steps If Needed to Respond to Economic Risks The Bank of Japan (BOJ) board member Yutaka Harada returned on the wires via Reuters now, noting that in theory, BOJ has more room left to lower rates...
Currency
  • 28
  • 2
Roberto Jacobs, 13 April 2016, 07:28
AUD: Recovery Across the Non-Mining Economy is On Track - NAB Research Team at NAB, suggests that the recent Australian business survey outcomes suggest the recovery across the non-mining economy is on track or indeed gathering speed...
Currency
  • 37
  • 2
Roberto Jacobs, 13 April 2016, 07:16
FXWIREPRO: Gold Hovers Around Key Support at $1252, Good to Buy on Dips XAU/USD is currently trading around $1252 mark. It made intraday high at $1256 and low at $1251 levels. Intraday bias remains bullish till the time pair holds key support at $1248 marks...
Analytics & Forecasts
  • 38
  • 2
Roberto Jacobs, 13 April 2016, 07:09 #gold
SGD Thoughts Before the MAS Policy Decision - Nomura Research Team at Nomura, suggests that the Monetary Authority of Singapore (MAS) is due to release its monetary policy statement on 14 April1, and they expect (we assign a 70% probability) it to leave its policy stance unchanged...
Analytics & Forecasts
  • 31
  • 2
Roberto Jacobs, 13 April 2016, 07:06
EUR/USD Keeps Lows Near 1.1370, Awaits EZ Industrial Production The EUR/USD pair is seen consolidating the overnight retreat amid broad based US dollar recovery, heading into the early European trades. EUR/USD remains below 1.1400 Currently, EUR/USD trades -0.35% lower at fresh session lows of 1...
Analytics & Forecasts
  • 27
  • 2
Roberto Jacobs, 13 April 2016, 07:04
Australia: Surprise Fall in Consumer Sentiment - Westpac The Westpac Melbourne Institute Index of Consumer Sentiment fell by 4.0% in April from 99.1 in March to 95.1 in April. Key Quotes via Bill Evans, Chief Economist at Westpac "This is a disappointing result...
Market News
  • 46
  • 2
Roberto Jacobs, 13 April 2016, 07:01
FXWIREPRO: USD/JPY Extends Rally for the Second Straight Session, Markets Cheer Stronger Chinese Exports Data Verbal intervention from Japanese officials trying to put a pause the continued strength in the Japanese currency saw USD/JPY stage a rally overnight...
Analytics & Forecasts
  • 62
  • 2
Roberto Jacobs, 13 April 2016, 06:53
Guide to Today's Important Data and Events Lots of economic dockets scheduled for today and some with high risk associated. Data released so far – Australia – Westpac consumer confidence declined by 4%. China – Trade balance for March came at Yuan 194.6 billion or $29.86 billion. Exports rose 11...
Analytics & Forecasts
  • 49
  • 2
Roberto Jacobs, 13 April 2016, 06:50
Asian Markets Turn Positive on Oil Gains, Gold Hovers Around $1252 All the major Asian indices are trading on a positive note on Wednesday and erases previous losses. The core reason behind the upward movement is the sharp rise in oil prices, which improves global sentiment...
Market News
  • 57
  • 2
Roberto Jacobs, 13 April 2016, 06:46
Improved Tone in Global Markets - NAB Research Team at NAB, suggests that there was an improved tone in global markets this month...
Analytics & Forecasts
  • 51
  • 2
Roberto Jacobs, 13 April 2016, 06:44
FXWIREPRO: USD/KRW Hovers Around Key Support at 1142, Intraday Bias Remains Neutral USD/KRW is currently trading around 1143 levels. It made intraday high at 1144 and low at 1142 levels. Intraday bias remains neutral for the moment...
Analytics & Forecasts
  • 31
  • 2
Roberto Jacobs, 13 April 2016, 06:39
Inflation Could Splinter FX Gains - Nomura Bilal Hafeez, Research Analyst at Nomura, suggests that the core inflation is on the rise in the US, which may mean the Fed is falling behind the curve, and oil prices have been having a major impact on CPI measures that central banks target...
Analytics & Forecasts
  • 61
  • 2
Roberto Jacobs, 13 April 2016, 06:37
ASX200 Breaks Major Resistance 5000, Targets 5130 Major support 4900 ASX200 has broken major resistance 5000 and jumped till 5040. It is currently trading at 5036. Short term trend is slightly bullish as long as support 4965 (200 day HMA) holds...
Analytics & Forecasts
  • 27
  • 2
Roberto Jacobs, 13 April 2016, 06:35
Gold Under Pressure in Asia on Improved Risk Sentiment Gold extended its overnight retreat in the Asian session, and now consolidates near the lower band of today’s daily range as risk-on trades pick up pace. Gold moves-off fresh four-week tops Currently, gold trades 0.11% lower at 1252...
Metals
  • 43
  • 2
Roberto Jacobs, 13 April 2016, 06:33
Sell GBP/USD and USD/CAD Strength, Buy NZD/USD on Dips – Westpac Research Team at Westpac, suggests that the GBP/USD remains high on their sell list. Key Quotes “We sell GBP/USD at 1.4450, stop 1.4610...
Analytics & Forecasts
  • 32
  • 2
Roberto Jacobs, 13 April 2016, 06:29
AUD/JPY Consolidating the Upside Below 84 Post-China Trade The AUD/JPY cross extended its winning streak into a fourth day today and reversed Thursday’s entire slide as the bulls were bolstered by improved risk appetite as well as strong China’s exports and imports data...
Analytics & Forecasts
  • 38
  • 2
Roberto Jacobs, 13 April 2016, 06:27
Asian Stocks Through the Roof, Oil Rally, China Trade Underpin The stocks on the Asian bourses joined the global risk-on rally this Wednesday, taking the positive lead from strong gains seen in the black gold yesterday, which buoyed the sentiment around the energy and resource stocks...
Market News
  • 34
  • 2
Roberto Jacobs, 13 April 2016, 06:24
A British vote to leave the EU risks causing severe economic and political damage to Europe that will spill over into an already febrile world economy, the International Monetary Fund has warned...
Analytics & Forecasts
  • 63
  • 1
Francis Dogbe, 13 April 2016, 06:23 #IMF
AUD/USD Storms Through 0.7700 on Upbeat Chinese Exports The bullish momentum around the AUD/USD pair gained further traction after the Chinese trade data showed that exports and imports improved last month. AUD/USD sees a 30-pips rally post-China data Currently, the AUD/USD pair rockets 1...
Analytics & Forecasts
  • 31
  • 2
Roberto Jacobs, 13 April 2016, 06:19