Roberto Jacobs / Blog
Another Bremain Positive Poll Lifts GBP: New Lows Against the EUR, Bid Tone in the USD Limits Cable GBP provided the early volatility in the FX markets, as the latest EU poll from Telegraph/ORB continued show the ‘remain’ camp extending their lead – Tory voters and older generations moving back o...
EUR/GBP Triggered & German ZEW Declines German ZEW sentiment survey fell to a 6.4 reading from 11.2 in the previous month. The median had been for a rise to 11.7...
Elliott Wave Analysis: USD/CAD Looking Higher; Intraday Uptrend Still Seems Incompleted USD/CAD is still on the upside move after a few minor corrections. Current pullback we see as a flat formation pattern with support seen around 1...
USD/CAD Bearish Divergence May Initiate a Correction The USD/CAD is currently sitting at resistance after a strong rally that was initiated by USD strength and another weakness in OIL prices...
USD/JPY Forecast: Short Term Bullish, 110.60 Key Short term bullish, 110.60 key. The USD/JPY pair advanced in the European morning, as adding to broad dollar's strength are rising stocks. Safe haven assets are being quickly discarded this Tuesday, and the pair trades near a high so far set at 109...
GBP/USD Firm Around 1.4600 The sterling keeps its buoyancy intact today, with GBP/USD gyrating around the 1.4600 handle as European markets are drawing to a close...
EUR/GBP: Looking for Evidence of a Top and Move Toward 0.75/0.73 - Lloyds Analysts from Lloyds Bank are expecting a decline toward 0.75 - 0.73 in the EUR/GBP pair after making a top at 0.81-0.82. Key Quotes: “Longer-term we have cited 0.81-0...
World Trade Still in the Dull Drums - ING Raoul Leering, Head of International Trade Analysis at ING, explained that global trade declined in March and during the first quarter but global industrial production increased. Key Quotes: “World trade is still in the dull drums...
USD/CHF Building Onto Its Gains Above 0.9900 Handle The USD/CHF pair maintained its bid tone through early NY trading session and the pair has now climbed to its highest level since March 10...