Roberto Jacobs / Blog
USD/JPY Fails Once Again at 110, Drops Sharply to 109.70 The USD/JPY pair failed several attempts to regain 110 handle over the past few hours, and finally broke to the downside in early Europe, as risk-off sentiment returned to markets amid tumbling oil prices...
USD/CAD Upside Capped by 1.30 So Far USD/CAD is posting marginal gains at the end of the week, with gains so far limited around the critical 1.3000 barrier...
EUR/GBP is Undergoing a Retracement - SocGen Research Team at Societe Generale, notes that the EUR/GBP faced resistance at the multiyear descending channel limit near 0.81/0.8150 and has been undergoing a retracement...
AUD/USD Attempting to Build On to its Move above 0.7200 Handle The AUD/USD pair is attempting to build on to its Thursday's minor rebound back above 0.7200 handle to currently trade with marginal gains at 0.7230, still within Thursday's range...
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...