Roberto Jacobs / Blog
USD/CAD Unable to Extend Momentum Beyond 1.2950 A slight better-than-expected CPI data and an extended slide in oil prices boosted the USD/CAD pair back above 1.2950 level before giving-up few pips to currently trade near 1.2939...
Copper is Leading the Move – BBH Research Team at BBH, notes that the Copper is leading the move, and a clean break of the 208 area would set up a test of the January low near 193.55...
Curb Your (Dollar) Enthusiasm: For Now - TDS Ned Rumpeltin, European Head of Currency Strategy at TD Securities, outlines their core G10 FX views for the period ahead. Key Quotes “After several months of weakness, the USD has traded with a generally better tone since the start of May...
USD/CHF Tests 0.9800 on Mixed US Data The greenback's rebound from lower levels intensified after the release of upbeat US CPI for April, lifting the USD/CHF pair beyond 0.9800 handle. The pair accelerated its up-move to 0.9804 after the US CPI printed above expectation figure of 0...
USD/JPY Eases from Highs Post-US CPI The upside in the greenback has eased a tad vs. its Japanese peer today, taking USD/JPY to the 119.30 area following the key US CPI. USD/JPY still bid ahead of Fedspeak, data The pair is fading part of the earlier spike to the vicinity of 109...
FxWirePro: BTC/USD Faces Strong Resistance at $470, Good to Sell on Rallies Major resistance -$470 (Apr 26th 2016) BTC/USD has slightly recovered from the low of $451 yesterday. It is currently trading around $453.79 Minor trend is slightly bearish as long as resistance $470 holds...
GBP/USD Slides Further Below 1.4500 Handle on upbeat US CPI Print The GBP/USD pair extended its reversal from day's peak of 1.4524 to 1.4455 on slightly upbeat US CPI and mixed housing market data. According to the data release just a short while ago, US CPI for April came-in at 0...
USD/CAD Tests 1.2950 on US Data The greenback is intensifying its daily rebound today, now lifting USD/CAD to fresh session tops in the mid-1.2900s. USD/CAD firmer on upbeat US CPI Spot saw its upside momentum gathering further steam after US inflation figures gauged by the CPI gained 0...