Roberto Jacobs / Blog
FTSE Rally Withers on the Vine Heading into the close, the FTSE 100 is 15 points lower, as caution regarding Fed policy persists. Markets stuck in a rut Caution over outlook for budget airlines 'Bremain’ camp firmly in the ascendancy...
AUD/JPY Drops Below 79.00, Eyes May Lows The Australian dollar is among the worst performers in the market on Monday and is falling particularly versus the Japanese yen. AUD/JPY is losing 80 pips and continues to move closer to May lows. The pair managed to rise to 79...
GBP/USD Continues to Give Up Last Week’s Gains GBP/USD fell further and made marginal new lows for the day during the American session with the dollar outperforming most peers. GBP/USD edged higher during the European session but the upside was capped by the 1...
USD/JPY: Below 109.30, Door Open to 108.65 - BBH Analysts from Brown Brother Harriman, explain that the USD/JPY pair found resistance around a line connecting March and April highs and now is testing an uptrend line. Key Quotes: “The yen is the strongest of the major currencies...
GBP/USD: Downside Bias in the Short-Term - Lloyds Analysts from Lloyds Bank, point out that GBP/USD continues with a bearish bias in the short-term, reaffirmed after the break of 1.4525 on Friday. Key Quotes: “The break of 1...
EUR/USD Finds Support and Regains 1.1200 EUR/USD managed to trim intraday losses after briefly falling below the 1.1200 level at the beginning of the New York session. EUR/USD bottomed out at 1...
NZD/USD Finds Support Around 0.6750 The kiwi erased gains versus the US dollar and dropped to fresh daily lows. The New Zealand currency weakened in the market since the European session and also reversed the intraday trend against the aussie. NZD/USD peaked during the Asian session at 0...
Oil Has Seen an Upturn in Late Trade After some early weakness, the bullish USD tone was back on track, but we are seeing some notable resistance which can prompt a short term squeeze...
US Stocks Flat as Fed Rate-Hike Fear and Oil Slump Weigh Sentiment Major US benchmark indices were trading with a slight positive bias during the early NY trading session as investors seems to digest comments from the Fed officials who continued to point towards a possible Fed rate-hike decision...