Roberto Jacobs / Blog
Australian Bonds Rally on Brexit, FED Uncertainty The Australian long-term bonds rallied on Thursday, following US trend as rate hike expectations by the Federal Reserve this summer diminished. The US 10-year treasury yield fell below 1.70 percent mark to 1...
FxWirePro: EUR/AUD Holds 100-DMA Support, Further Weakness Only on Break Below EUR/AUD has taken 100-DMA support at 1.5190 and edged higher to currently trade around 1.5260 levels. Aussie weakness seen after poor Chinese CPI and PPI data earlier today. China CPI data for May came in at +2...
FxWirePro: Silver Hits Fresh 3-Week High at $17.20, Stay Bullish XAG/USD is currently trading around $17.17 marks. It made intraday high at $17.20 and low at $16.98 levels. Intraday bias remains bullish till the time pair holds key support at $16.98 marks. A daily close below $16...
FxWirePro: Gold Trades Higher on Weak Dollar, Good to Buy at Dips Major Support - $1242 (21 day EMA) Gold has broken major resistance $1256 (trend line joining $1303 and $1288) and jumped till $1266 at the time of writing. It is currently trading around $1261.8...
USD/SEK 4 Hour RSI Allowing a Rally USD/SEK could find itself on the verge of a near term move to the upside. A potential bullish swing failure in the RSI(14) during the last couple days tilted the risk to the upside for the this currency pair...
Market Movers for the Day – Danske Bank Research Team at Danske Bank, lists down the key economic releases from across the globe for the day...
EUR/GBP Back to Test 0.7850 Ahead of Draghi? Fresh bids in the cable coupled with a retreat in the EUR/USD pair, dragged the EUR/GBP cross from 0.7870 region to revisit daily lows struck at 0.7851 in early Asia. EUR/GBP hovers around 5-DMA Currently, the EUR/GBP pair trades almost unchanged at 0...
USD/CHF Suppressed Below 0.9600 at Fresh 5-Week Low The US Dollar continues to face selling pressure while the Swiss Franc is supported by safe-have flows on uncertainty surrounding the UK-EU referendum, with the USD/CHF pair now trading below 0.9600 handle...