Roberto Jacobs / Blog
Gold Slides Further Below $1250 to a Four-Week Low As the greenback picked-up strength and some signs of stability in the European and US equity markets emerge, the perceived safe-haven, Gold, fell to its lowest level in four weeks...
AUD/USD Dips Below 0.7200 AUD/USD extended losses and fell below the 0.72 mark at the beginning of the New York session amid broad USD strength. AUD/USD came under renewed pressure and fell to a 4-day low of 0.7194 in recent dealings. At time of writing, the pair is trading at 0.7201, down 0...
EUR/USD Breaks 1.1200 Handle, Vulnerable Below 1.1180 The EUR/USD pair dropped back below 1.1200 handle as the greenback gained further traction across the board during the early NA trading session. The shared currency failed to extend its Asian trading bounce to 1...
USD/CAD Rises to a Fresh 7-Week High, Eyeing 1.3200 Mark As the crude oil price extended its slide, the USD/CAD pair extended its upward trajectory for fifth straight trading session and has now risen to 1.3168, its highest level since early April...
GBP/USD Challenges Lows Near 1.4460 The now better tone around the dollar has prompted GBP/USD to retreat to the area of daily lows around 1.4460...
USD/JPY Expects Further Gains Above 110.55/60 – UOB The research team at UOB Group sees the pair climbing further on a break above the 110.55/60 band. Key Quotes “The call to take partial profit at 110.45 was timely as USD dropped sharply after touching a high of 110.58”...
USD/JPY Seems Vulnerable Below Session Low of 109.30 The recent USD/JPY pair's recovery from multi-month lows failed to sustain its momentum beyond 50-day SMA, dragging the pair back below the mid-point of 109.00 handle...
EUR/USD Still Depressed, Near 1.1200 The demand for the single currency remains subdued on Monday, taking EUR/USD to the boundaries of 1.1200 the figure for the time being...
GBP/JPY Drops Below 158.50, Eyeing 50-DMA for Immediate Support Bears strengthened their grip and extended the GBP/JPY pair's downfall from day's peak of 159.84 to a fresh session low of 158.26 amid global risk-off trade and ongoing concerns over the 'Brexit'...