Roberto Jacobs / Blog
Stocks and Oil Regain Poise as Fears Over Hawkish Fed Subside European stock indices have enjoyed a short-covering bounce that began late in the day on Thursday when Wall Street shares managed to erase most of their earlier declines. At midday in London, the UK’s FTSE 100 was up 1...
FX Treads Water on Friday Market Drivers May 20, 2016 EU Current Account 27.3B vs. 19.6B RBA Edwards - chatter over lower inflation premature Nikkei 0.54% Dax 1.18...
FTSE Looks to Break Losing Streak After four successive weekly declines, the FTSE 100 is attempting to end its dismal run and post a higher weekly close...
USD/CAD Challenges 1.3100 Post-Data USD/CAD has bounced off sub-1.3100 levels following mixed results from the Canadian docket. USD/CAD gains capped near 1.3130 The pair manages to keep the trade above the 1...
UK Strategy: Pricing Out Referendum Risk? – Deutsche Bank Jack Di-Lizia, Strategist at Deutsche Bank, suggests that the upcoming EU referendum continues to represent a significant driver of risk dynamics...
EUR/USD Remains Capped by 1.1230 Zone EUR/USD consolidates near daily highs in quiet trading Friday, with the dollar mixed across the board ahead of the G7 meeting. EUR/USD found support at the 1.1180 area on Thursday but every bounce attempt has remained capped by the 1...
CAD: No Fireworks in the Forthcoming BoC Meet – RBC CM Research Team at RBC Capital Markets, suggests that the BoC meeting (no press conference or MPR) comes on Wednesday with an unchanged 0.50% overnight rate universally expected...
AUD/USD Turns Negative, Eyeing 0.7200 Mark to Extend Support The AUD/USD pair failed to extend its tepid recovery back towards 200-day SMA and the bears took back the control, dragging the pair back into negative territory...
FxWirePro: CAD/JPY Faces Strong Resistance at 84.35, Good to Sell on Rallies Major resistance – 84.35 (21 day 4H MA) Major intraday support – 83.60 CAD/JPY has retreated after making a high of 84.32 today. It is currently trading around 84.12. The pair’s major support is around 83.30 (61...