Roberto Jacobs / Blog
FxWirePro: AUD/USD Intraday Upside Momentum Strong After Oil Prices Rally The AUD/USD inched higher on Wednesday, as commodity currencies strengthened across the board after oil prices rose sharply towards $45 per barrel. The pair hit high at 0.7380, after finding buying interest around 0...
EUR/CHF: We Expect Gradual CHF Depreciation - Lloyds Analysts from Lloyds Bank expect a gradual depreciation of the Swiss franc and EUR/CHF to end the current year around 1.11. Key Quotes: “Over the past month, the Swiss franc has fallen by around 3% against the euro, pushing EUR/CHF above 1.10...
USD/CHF Drops to Test 0.9700 The Swiss franc is rising against the US dollar, recovering after trading yesterday at the lowest level in two weeks. USD/CHF printed a fresh low during the American session at 0.9699 and currently trades at 0.9704/08, down 50 pips for the day so far...
Oil Rallies After EIA Reports Drop in US Stockpiles Oil prices turned higher and spiked to fresh highs near $46.00 a barrel, after the US Energy Information Administration (EIA) reported crude oil inventories unexpectedly dropped last week...
USD/JPY Hits Fresh Daily Lows as Sentiment Deteriorates USD/JPY fell briefly below 108.50 and posted fresh daily lows as the dollar weakened across the board while the yen benefitted from worsened market sentiment. USD/JPY bottomed out at 108...
US Stocks Open Lower on Disappointing Earnings and Drop in Crude Oil Prices Major US equity indices opened lower on Wednesday as disappointing earnings and a minor weakness in crude oil prices weighed on investor sentiment...
U.S. Government Bonds Flat ahead of 30-Year Auction The U.S. Treasuries were left relatively unchanged on Wednesday during a quiet session that saw few economic releases of note. The yield on the benchmark 10-year bonds held unchanged on the session, staying near to 1...
EUR/USD Stretches to Fresh Highs as Dollar Pulls Back EUR/USD rose through the 1.14 mark and stretched to fresh 5-day highs at the beginning of the American session, with the move mostly driven by USD profit taking. EUR/USD climbed to its highest level since last Friday at 1...
EUR/GBP Scales Through 0.7900 Handle, Eyeing 0.7925 Resistance The EUR/GBP pair maintained its bid tone on disappointment from UK industrial production data and has now moved past 0.7900 handle to currently trade near day's peak at 0.7907...