Roberto Jacobs / Blog
EUR/USD Risks a Test of 1.12 – Westpac Strategists at Westpac see the pair slipping towards the 1.1200 handle. Key Quotes “ EUR vulnerable to a yield driven decline toward 1...
EUR/USD Pullbacks Limited Around 1.1215 – UOB In view of analysts at UOB Group, pullbacks in EUR/USD seem to be limited to the 1.1215 level in the next weeks. Key Quotes “There is not much to add as EUR spent another day going nowhere”...
USD/CHF Moves to 0.9830-35 Important Juncture Extending its bid tone for fourth straight trading session, the USD/CHF pair has now risen beyond 0.9800 handle to 0.9830, its highest level since mid-March. The pair extended its near-term recovery trend from a multi-month low level of 0...
USD/JPY Bounces-Off 109 in Early Europe, Fed Minutes Eyed The USD/JPY pair bounced-off a dip to 109 handle and almost regained lost ground as the US dollar continues to hover near two-week tops amid recovering risk appetite. USD/JPY retesting daily highs...
USD/CHF Potential Test of 0.9990/1.00 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could test the 0.9990/1.0000 band if it clears the 0.9830 area. Key Quotes “USD/CHF is poised to encounter the 200 day moving average at...
FOMC Minutes at the Centre Stage Today – Danske Bank Research Team at Danske Bank, suggests that the release of the minutes from the April FOMC meeting is likely to get the most attention today as the calendar is thin...
FxWirePro: Gold Trades Lower on revived Rate Hike Expectations, Good to Sell on Rallies Gold has slightly retreated after making high of $1282 on revived rate hopes expectations...
Australian Bonds Mixed on Soft Economic Data, Firm Crude The Australian government bonds traded mixed on Wednesday after data showed weaker than expected first quarter wage price index. Also, firmer crude oil prices restricted investors from safe-haven buying...
FxWirePro: AUD/CAD Holds Major Support at 0.9418, Good to Go Short on Breaks Below AUD/CAD trades with a downward bias. Momentum studies on dailies are bearish. The pair is currently holding above strong trendline support at 0.9418, weakness to resume on breaks below...