Roberto Jacobs / Blog
Forex Weekly Outlook May 30-Jun 3 The US dollar had a positive week despite a lack of really convincing data. GDP from Canada and Australia, a buildup to the Non-Farm Payrolls, OPEC Meetings and the ECB decision stand out in a very busy week. These are the main events on forex calendar...
Pound Starts to Discount Bremain While Markets Put Yen Question to BoJ, Abe The British Pound the Day After The British pound has been putting in a strong performance over the past few trading sessions, as it has pushed to a 3-week high versus the US dollar (above 1...
Stocks Could Resume Rally Next Week Stocks found some much-needed support this week on the back of a rising oil price to $50 a barrel and as concerns about the negative impact of a potential June Federal Reserve rate increase diminished...
USD/CAD Trims Daily Gains as Oil Bounces USD/CAD retraced most of its intraday gains over the last hours as the loonie strengthened in sync with oil prices. After peaking at 1...
EUR/USD Moving to Test 1.1070/60 While Under 1.1220 - Lloyds Bank Analysts from Lloyds Bank see the EUR/USD pair moving to test 1.1070/60 as long as it holds below 1.1220. On a wider perspective, they continue to see a gradual move toward 1.09/1.08...
AUD/USD Tumbles Below 0.7200 Ahead of Yellen The increasing bid tone in the greenback continues to hurt the risk-associated space, with AUD/USD quickly breaking below the 0.7200 key support. AUD/USD attention to 0...
US Dollar Prints Highs Near 95.50 on US Data The greenback, tracked by the US Dollar Index, has resumed its upside today, climbing to fresh highs in the mid-95.00s following US releases...
USD/CHF Surges to 0.9925, Now Eyeing Weekly High The USD/CHF pair's recovery gained further traction above 0.9900 handle, lifting the pair to session high level of 0.9927 after the US Q1 GDP was revised higher...
AUD/USD, AUD/CAD, AUD/EUR: Levels, Ranges, Targets Two main drivers to AUD/USD are AUD/CAD and AUD/EUR. EUR/AUD lost its way this week at EUR/USD Corelation at 18% and negative 76% V AUD/USD. The best EUR/AUD offers is +76% as AUD/EUR to AUD/USD...