Roberto Jacobs / Blog
GBP/USD Losing the Grip Near 1.4440 The sterling is following the rest of its risk-associated peers on Friday, sending GBP/USD to the lower end of the bound near 1.4440...
AUD/USD Slides Further to 0.7410, 100-DMA Back On Sight The AUD/USD pair is seen extending its Thursday's reversal from 0.7500 handle and is currently trading in the vicinity of 0.7400 handle amid broad risk-off trade...
USD/JPY Holding Stable Around 107.00 Handle Following a drop to 5-week low of 106.25 and a subsequent recovery back above 107.00 handle, the USD/JPY pair on Friday is holding stable around Thursday's closing level. Having topped at 107...
FxWirePro: NZD/JPY Breaks Major Support at 76.05, Good to Sell Rallies Kiwi rallied after the RBNZ left its interest rates on hold at 2.25%, but the rally lacked follow-through. The bird failed to sustain at higher levels and now extends its corrective slide as risk-off trades intensified...
EUR/USD Weaker, Breaks Below 1.1300 The single currency is extending its bearish note at the end of the week, now prompting EUR/USD to test the 1.1300 neighbourhood...
FxWirePro: Go Long on USD/INR at 66.78 With Stop Loss at 66.50 and Target of 67.12 USD/INR is currently trading around 66.82. It made intraday high at 66.88 and low at 66.74 marks. Intraday bias remains bullish till the time pair holds key support at 66.50 marks. A sustained break below 66...
Oil Extend Slide, Drops to Low Near $50.00 After hitting nearly one-year high of $51.64, WTI crude oil futures pulled-back on Thursday and extended the profit-taking slide on Friday and is currently trading just above the $50.00 psychological mark...
Global Growth Disappointment to Continue - RBS The views of RBS economists on global economic matters have been largely vindicated by the incoming data in recent weeks. Key Quotes “Global growth is decelerating and undershooting consensus forecasts as we anticipated...
FxWirePro: Sharp Fall in Australian Bond Yields Weighs on the Aussie, AUD/USD Tests 0.74 Handle AUD/USD extends correction for the second straight day as lower Australian bond yields weigh on the Aussie. The pair hit session lows of 0...