Roberto Jacobs / Blog
EUR/JPY Down but Not Out, 124.00 Still in Sight The EUR/JPY pair's reversal from two week-high gained momentum and has now dragged the pair to the mid-point of 124.00-123.00 handle...
AUD/JPY Smashed Below 80 Amid Risk-Off AUD/JPY halted a two-day rally and dropped sharply in the European session, as negative European equities refuelled demand for the safe-haven yen. AUD/JPY washes away nearly 80 pips The AUD/JPY pair now sinks -0.87% to fresh session lows of 79...
GBP/JPY Breaks Through 157.00 Level ahead of UK Manufacturing Data The GBP/JPY pair's reversal from 158.00 handle gained momentum, dragging the pair back below 157.00 level just ahead of the UK manufacturing and industrial production data...
JPY: Intervention Threat Not a Sustainable Driver for a Weaker Currency - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has strengthened in the Asian trading session partially reversing weakness from early this week...
UK Rates: The Fall and Rise of Brexit Premia - TDS Renuka Fernandez, Senior Rates Strategist at TD Securities, suggests that a couple of weeks back they noted that markets had significantly priced lower Brexit premia and saw risks of a sharp re-pricing on UK rates...
EUR/GBP Rebounds to 0.7900 Handle ahead of UK Production Data The EUR/GBP pair rebounded from 20-day SMA support near 0.7865 level and is currently trading just below 0.7900 handle ahead of UK industrial production data...
The Dollar Bottom – Goldman Sachs US Economics team of Goldman Sachs on Friday trimmed their expectations for Fed hikes, dropping the June hike for next month and removing a March hike from 2017...
FxWirePro: Go Long on XAU/USD Above $1268 With Stop Loss at $1262 and Target of $1277 XAU/USD is currently trading around $1269 mark. It made intraday high at $1264 and low at $1271 levels. Intraday bias remains bullish till the time pair holds immediate support at $1262 marks...
Asian Markets Trading on a Mix Note, Gold Breaks Key Resistance at $1268 Most Asian markets are trading on a higher note but on the other side, Chinese markets are trading slightly lower. Gold breaks key resistance at $1268 and trading around $1270 marks...