Roberto Jacobs / Blog
FxWirePro: USD/INR Hits Fresh 1-month High at 67.26, Intraday Bias Remains Bullish USD/INR is currently trading around 67.22. It made intraday high at 67.26 and low at 67.12 marks. Intraday bias remains bullish till the time pair holds key support at 66.82 marks. A daily close above 67...
FxWirePro: EUR/GBP Downside Stalls at 38.2% Fib, Break Below Needed for Further Downside - Short on Break Below 0.7683 British currency outperformed its major rivals, boosted by Brexit polls results that showed an increase in favor of the “stay” position...
Gold Breaks Major Support $1256, Decline Till $1230 Is Possible - Good to Sell on Rallies Major support - $1256 (200 day 4H MA) Major intraday resistance - $1265 The yellow metal has declined drastically on stronger dollar and declined 1.5% yesterday...
Australian Bonds Plunge on Hawkish FOMC Minutes The Australian government bonds plunged on Thursday after minute release from the April FOMC meeting that indicated policymakers were in support of a move to raise rates in June if the economy supported it...
Fed Signals Rate Hike in June on Conditions of Economic Improvement The minutes of the April 26-27 Federal Reserve Open Market Committee Wednesday signaled markets of a possible rate hike in June, if the US economy good track of improvement...
Guide to Today's Important Data and Events Quite a handful of economic dockets scheduled for today and some with high volatility risks associated. Data released so far – Australia – Unemployment rate for April declined to 5.7...
GBP/USD Off Highs, Back below 1.46 ahead of UK Data The Sterling is now giving away part of yesterday’s strong gains, prompting GBP/USD to retreat to sub-1.4600 levels. GBP/USD focus on UK’s docket The pair has clinches fresh 2-week highs beyond the 1...
NZD/USD Flirts with 100-DMA Support Near 0.6730 The NZD/USD pair keeps the ongoing bearish momentum intact and now tests weekly lows amid broad based USD strength and oil-price sell-off. NZD/USD hovers around 100-DMA Currently, the NZD/USD pair trades -0.18% lower at fresh session lows of 0...
Australia: Not Yellen Yet, Just Hinting – ANZ Research Team at ANZ, suggests that low volatility, even lower bond yields globally, and tighter credit spreads have provided a favourable backdrop for Australian corporates to issue and investors hungry for yield are providing a willing buyer...