Roberto Jacobs / Blog
EUR/GBP in a Tight Range Near 0.7630 The bounce off recent lows in the mid-0.7500s has found strong resistance in the low-0.7600s so far, leaving EUR/GBP slightly in red around 0.7630...
Oil Extends Retreat Ahead of US Rigs Data Eyed Oil benchmarks on both sides of Atlantic extend the retreat from seven-month peaks and now looks to breach $ 49 mark, as the bulls take a breather ahead of the US rigs count and GDP data...
Guide to Today's Important Data and Events Not many economic dockets scheduled for today, focus is on GDP number from U.S. Upcoming – France – Consumer confidence in May will be released at 6:45 GMT. Spain – Retail sales for April will be released at 7:00 GMT. Prior 4.4%, expected 3.9...
FxWirePro: USD/JPY Holds Major Support at 109.80, Weakness Only on Break Below USD remains bid as markets digest hawkish speeches from the Fed officials, Fed’s Powell suggested overnight that Fed should raise rates ‘fairly soon’...
FxWirePro: AUD/NZD Fails to Break Key Resistance at 1.0747, Good to Sell on Rallies AUD/NZD is trading around 1.0704 marks. Pair made intraday high at 1.0718 and low at 1.0694 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0747 marks. A daily close below 1...
USD: New Phase in the Appreciation Cycle – ANZ Daniel Been, Senior FX Strategist at ANZ, suggests that the dollar is back as the recalibration of Fed rate hike expectations drove a sharp recovery in US real yields and a broad USD rally has taken hold...
AUD/USD Under Pressure on Weaker Commodities, 0.7200 Eyed? The AUD/USD pair failed near Thursday’s high and turned lower from there in the Asian session, now consolidating the previous rally below 10-DMA at 0.7228. AUD/USD targets 0.7200 Currently, the AUD/USD pair trades -0.07% lower at 0...
EURUSD Daily Forecast: May 27 2016 EURUSD Forecast The EURUSD had a bullish momentum yesterday topped at 1.1216 and now struggling around the daily EMA 200 as you can see on my daily chart below...
ECB Could Take a Further Step This Year - Commerzbank Dr Jörg Krämer, Chief Economist at Commerzbank, suggests that as core inflation should tend to disappoint the ECB and the euro looks set to continue appreciating, we expect the central bank to ease its monetary policy again later this year...