Roberto Jacobs / Blog
JPY: G7 Meeting in Focus – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has weakened modestly in the Asian trading session ahead of the G7 meeting of finance ministers and central bank officials in Japan...
EUR/JPY Takes-Out Thursday’s High, What Next? The EUR/JPY cross is currently consolidating the upside as we head into the mid-European session, receiving double booster shot from strong gains seen in both the EUR/USD and USD/JPY. EUR/JPY: 124 handle now inevitable The EUR/JPY pair now advances +0...
GBP/USD Drops to Lows Around 1.4550 The Sterling is not smiling anymore, at least not today, as GBP/USD has now dipped to session lows in the mid-1.4500s...
European Bonds Mixed in Quiet Trade The European bonds trade mixed on Friday as investors receives no more important data or events for the direction on the last day. On the contrary, future course in bond prices are likely to be ruled by the movements in the crude oil market...
German Bunds Flat in Thin Trade The German bunds traded flat on Friday, succumbing to thin trading activity as market receives no more important data or events on the last day. On the contrary, future course in bond prices are likely to be ruled by the movements in the crude oil market...
Bank of Canada Likely to Remain Dovish, CAD to Remain at Low Levels for Time Being Canada is due to release its inflation report for April today, followed by the central bank’s decision next week. The Bank of Canada is quite calm as the inflation of 1...
BTC/USD Faces Strong Support at $435, Break Below Targets $400 Major resistance -$470 (Apr 26th 2016) Major support - $435 BTC/USD has once again slightly recovered after making a low of $435. It is currently trading around $442. The pair should break below $435 for further weakness...
FxWirePro: EUR/GBP Slips Below 38.2% Fib, Momentum Bearish Given higher odds of a "Remain" outcome in the EU Referendum (of 77%), GBP to remain buoyed near-term. Very strong retail sales data for April for the UK released on Thursday also to support the Pound...
Canada: Setting Up for Retail Sales (March) and CPI (April) – TDS Research Team at TDS, suggests that Canada’s retail sales will complete the full swath of activity data for Q1 following the release of manufacturing and wholesale sales earlier this week. Key Quotes “With Q1 GDP tracking at 2...