Roberto Jacobs / Blog
USD/CHF Poised for Further Upside – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the likelikess of further upside in the pair. Key Quotes “USD/CHF last week sold off to and bounced off the previous downtrend at...
USD Expected to Gather Further Traction – Danske Bank Thomas Harr, Global Head of FICC Research at Danske Bank, believes the greenback could edge higher in the next periods. Key Quotes “The market has become overly pessimistic on US growth in our view”...
NZD/USD Flirts with 0.68 Handle Amid Oil-Price Rally The recovery in the NZD/USD pair gained further traction in the European session, as markets shrugged-off weaker Chinese data dump and cheered a fresh rally in the oil prices. NZD/USD: A break of 0...
GBP/USD Bearish Below 1.4300 – UOB The research team at UOB Group sees GBP/USD's downside accelerating below the 1.4300 handle. Key Quotes “While the breach of 1...
Steady Up-Move in Oil Continues to Hinder Recovery for USD/CAD Tracking a surge in crude oil prices to a fresh six-month high, the USD/CAD pair has witnessed a steady decline towards 1.2900 handle...
USD/JPY Clings to Gains Near 108.80 The rally in the greenback seems to be losing some momentum on Monday, with USD/JPY clinging to gains in the 108.80 area. USD/JPY gains capped near 109.00 The pair has almost faded the overnight spike to the boundaries of 109...
EUR/USD Fails to Resist above 50-DMA, Back to Square One A renewed bout of buying interest seen around the EUR appears to wane over the last hour, with the EUR/USD pair reversing a spike to daily highs printed above 50-DMA. EUR/USD deflates from 1.1330 Currently, EUR/USD trades modestly flat at 1...
Oil Rises above $47.00 Mark to a Fresh 6-Month High WTI crude oil futures kicked-off the fresh trading week on a strong footing, moving back above $47.00/barrel mark for the first time since early November 2015 on bullish comments from a leading investment banker...
GBP/USD Forecast: Eyeing 1.4250 The British Pound consolidates near its recent lows against the greenback, with the pair confined to a tight 40 pips range ever since the day started, but overall, with the bearish trend firm in place, given that the pair broke last Friday, below the 61...