Roberto Jacobs / Blog
EUR/JPY Recovers to 123.30 but Remains Vulnerable to Further Downside The EUR/JPY pair recovered over 65-pips from session low of 122.61 and has now moved to session peak level of 123.24...
EUR/USD in Highs above 1.1330 Post-US Data The buying interest around the common currency is now gathering further steam, lifting EUR/USD to fresh daily highs in the 1.1330/35 band...
FTSE, CAC Drop Amid Holiday-Thinned Markets The sentiment on the European equity markets remained calm, with only London and French markets open for trading, while rest of Europe enjoys Whit Monday holiday. Hence, a quiet trading calendar and low volumes kept the trading activity largely subdued...
AUD/USD Regains 0.7300, Session Highs The Aussie dollar is now picking up further pace, lifting AUD/USD to the area above the 0.7300 handle, or daily highs. AUD/USD up on USD-selling After bottoming out in the mid-0.7200s in early trade, the pair has now regained the key barrier at 0...
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...