Roberto Jacobs / Blog
FxWirePro: EUR/USD Consolidating Around 1.1408 Levels, Bias Is Bullish Euro inched higher against defensive US dollar on Thursday as investors doubted further rise in US interest rate in June following weak US employment data last week. The pair declined hit low at 1...
USD/JPY Retraces Daily Gains USD/JPY came under pressure and retraced most of its intraday gains after data showed US jobless claims rose more than expected last week. USD/JPY had reached a high of 109.38 but found resistance roughly at the same level it did the last two days, and turned lower...
EUR/GBP Drops to 1-Week Lows EUR/GBP dropped further during the American session and bottomed at 0.7845, the lowest level since May 3. The pound is among the top performers, lead by GBP/USD that hit fresh highs above 1.4500...
US Stocks Struggle for Direction on Weak Economic Data US stocks opened higher on Thursday but trimmed gains after a larger-than-expected rise in weekly jobless claims that pointed to a slower pace hiring in the recent past...
AUD/USD Trims Losses and Rises Above 0.7350 AUD/USD bounced off lows amid a weaker US dollar in the market. The pair climbed above 0.7350 and reached 0.7367, the highest level since the Asian session...
GBP/USD Pierces Through 1.4500 Handle, Seems to Extend the Momentum After fading its spike initial spike on BOE status-quo, the GBP/USD pair surged past 1.4500 handle and rose to a 5-day peak level of 1.4530...
EUR/USD Bounces Off Lows, Struggles to Regain 1.1400 EUR/USD bounces off daily lows and managed to trim intraday losses at the beginning of the New York session. After being rejected from the 1.1445 zone on Wednesday, EUR/USD corrected lower and bottomed out at 1...
USD/CAD Breaks Through 1.2800, Could be Vulnerable to Further Downside As crude oil prices continue to scale fresh 2016 highs, the USD/CAD pair extended its slide back below 1.2800 handle...
U.S. Bonds Slump on Upbeat Jobless Claims, Crude Rallies The U.S. government bond prices weakened on Thursday after data showed higher-than-expected initial jobless claims and export prices figure. Also, jump in crude oil prices led investors to favour riskier assets...