Roberto Jacobs / Blog
UK: BoE Preview: Silence is Golden – ING Research Team at ING, suggests that as economic momentum stalls, the BoE’s challenge is to reflect near-term weakness in their forecasts without making a judgment on the referendum outcome...
GBP/JPY Consolidating Below 157.00 Level ahead of BOE Announcement The GBP/JPY pair is consolidating its Wednesday's reversal from 158.00 handle and is currently trading below 157.00 level ahead of the BOE announcements. The pair's near-term recovery from sub-154...
EUR/USD Attacks 1.1400, Ignores Negative European Equities The EUR/USD pair came under fresh selling pressure over the last hour, and now inches closer towards 1.14 handle as the US dollar picked-up strength against its major peers in an otherwise calm European session...
EUR/GBP Climbs to Session High ahead of BOE Super Thursday As the Europeans trading session gets underway, the EUR/GBP pair spiked to Wednesday's high level of 0.7919 ahead of the key event risk for the British Pound, the BoE's Super Thursday...
GBP/USD: Sellers Take Control in London, BoE Up Next GBP/USD has fallen sharply at the London open, printing its lowest for the day near 1.44 handle after successive topside failures through 1.4450 in Asia, which saw the risk sentiment improved a touch ahead of the BoE inflation report...
Technical Analysis of EUR/USD for May 12, 2016 When the European market opens, some economic news will be released such as Industrial Production m/m, French Final CPI m/m, and German WPI m/m...
Technical Analysis of USD/JPY for May 12, 2016 In Asia, Japan will release information on the Economy Watchers Sentiment indicator, 30-y Bond Auction, Bank Lending y/y, the BOJ's Summary of Opinions, and Current Account...
FxWirePro: Copper Bears Show Signs of Exhaustion Look closely at the highlighted area in the above chart, and you will find yesterday’s candle, which is a Doji, with apparently very long upper wick, which resembles closely to an inverted dragonfly or gravestone...
S&P Likely to Upgrade Indonesia's Sovereign Credit Rating The Indonesian markets are keen on a likely ratings upgrade by Standard and Poor’s after talks held with President Widodo earlier this week...
FxWirePro: Swedish Krona Gains ahead of CPI Data, Unemployment Rate Falls to 7.5 Pct EUR/SEK is currently trading around 9.2912 levels. It made intraday high at 9.3018 and low at 9.2832 levels. Intraday bias remains neutral for the moment. A sustained break above 9.2916 tests key resistances at 9...