Roberto Jacobs / Blog
The Trend Trader for Forex The Trend Trader helps to identify the current trend status of your favorite ETF markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend...
Japan Abe Set to Delay Sales Tax Hike, Meet with Aso to Discuss - Govt Sources Reuters reporting headlines quoting government sources, Japan’s PM Abe is likely to announce a delay in the sales tax hike and will hold a meeting with finance minister Aso in coming days to discuss the same...
NZD/USD Regains 100-DMA Amid Positive Equities A better risk environment persisting in the Asian session so far provides fresh impetus to the NZD/USD pair and takes the rate back above 100-DMA barrier located at 0.6742. NZD/USD eyes 100-DMA at 0.6739 Currently, the NZD/USD pair trades +0...
APAC Currency Corner – Oil Boosts Markets. Spotlight on Yellen After two days of solid bull runs, global equity markets consolidated on Thursday. This retrenchment was not too surprising as traders pare down risk ahead of long weekends in both US and the UK...
FxWirePro: Japanese Yen Gains in Early Asia on Robust Core CPI Data USD/JPY is currently trading around 109.76 marks. It made intraday high at 109.79 and low at 109.55 levels. Today Japan released core CPI data with positive numbers at -0.3% m/m vs -0.4% m/m consensus forecast...
USD/JPY Catches Fresh Bids, Jumps to Test 110 Handle The USD/JPY pair finally broke its overnight consolidation phase between 109.50-85 levels to the upside over the last hour, in a bid to reclaim 110 handle, before meeting fresh supply at the last...
G7 Confirms Commitment to Market Determined FX Rates G7 communique also contains references to FX, noting that the G7 confirms commitment to market determined FX rates Headlines We affirm our existing exchange rate commitments to market determined FX rates...
AUD/USD Looks To Recover Further Higher AUD/USD - With the pair rejecting lower level prices on Thursday, further bullishness is likely. On the downside, support resides at the 0.7200 level where a breach will aim at the 0.7150 level. Below that level will set the stage for a run at the 0...
AUD/JPY Bulls in Positive Territory above 100 1HR SMA AUD/JPY is currently in positive territory given the return of risk this week and a pick up in the commodities sector, despite the strength seen in the Yen from yesterday's Tokyo open and subsequent bid...