Roberto Jacobs / Blog
Asian Markets Turn Negative, Gold falls Below $1260 After FOMC Meeting Minutes All the major Asian stock markets are trading on a lower note on Thursday on the back of global uncertainties. Yesterday Fed released meeting minutes, which surprisingly revealed a potential hike in June...
Asian Stocks Trade Mixed on Fed Minutes, Weaker Commodities The stocks on the Asian bourses fluctuate between gains and losses amid underlying mixed tone in the markets, as the Asian traders digest the latest FOMC minutes, which revealed that the US interest rate hike is back on the cards this Ju...
EURUSD Daily Forecast: May 19 2016 EURUSD Forecast As expected, the EURUSD had a bearish momentum yesterday bottomed at 1.1214...
GBPUSD Daily Forecast: May 19 2016 GBPUSD Forecast The GBPUSD had a bullish momentum yesterday topped at 1.4634. The bias is bullish in nearest term retesting the daily EMA 200 and 1.4700 region which is a good place to sell with a tight stop loss. Immediate support is seen around 1.4525...
USDJPY Daily Forecast: May 19 2016 USDJPY Forecast The USDJPY had a bullish momentum yesterday topped at 110.25. The bias is bullish in nearest term testing 110.65. Immediate support is seen around 119.50...
USDCHF Daily Forecast: May 19 2016 USDCHF Forecast As expected, the USDCHF had a bullish momentum yesterday topped at 0.9880. The bias remains bullish in nearest term testing 1.0000 area. Immediate support is seen around 0.9840...
GBP/USD: Hawkish FOMC Minutes Curb Sterling's Big Bid GBP/USD has lost the 1.46 handle on the back of hawkish minutes from the FOMC meeting in April. The minutes showed that most officials saw June hike 'likely' if economy warranted...
USD/CAD Spikes to 1.3000 After FOMC Minutes USD/CAD soared to the 1.3000 area as the greenback rallied across the board after FOMC minutes showed June rate hike is “likely”. According to the minutes, most FOMC members believe a rate hike in June is likely if data showed an improving economy...
USD/JPY Hit Fresh Highs above 110.00 After Fed Minutes USD/JPY broke above previous highs and climbed above 110.00 after the release of the FOMC minutes. The pair peaked at 110.04, the strongest level in three weeks and then pulled back modestly but it was still hovering around the 110...