Roberto Jacobs / Blog
USD/CAD Bullish Short-Term – Scotiabank FX Strategist at Scotiabank Eric Theoret has reiterated the bullish outlook for the pair is the near term. Key Quotes “Trend signals are shifting, providing confirmation to the bullish momentum indicators”...
NZD/USD Drops to Two-Month Low, Eyeing RBNZ Report for Further Direction The NZD/USD pair dropped to a fresh two-month low level of 0.6716 before retracing few pips to currently trade at 0.6727 level...
U.S. Government Bonds Flat in Quiet Trade The U.S. government bonds were trading nearly flat on Tuesday amid subdued trade with investors seeking riskier assets. The yield on the benchmark 10-year Treasury note which moves inversely to its price stood flat at 1...
USD Value, Shifts in Crude Oil Prices to Shape Value of Mexican Peso Investor confidence for emerging markets continues to mainly drive capital flows to Mexico. High volatility in Q1 has impacted the Mexican currency...
FxWireProShort Term Outlook: Brent may Decline to $37/barrel Global benchmark, Brent crude is likely to decline further from current $44/barrel level as supply pressure to build up further...
FxWirePro: US Oil Faces Strong Intraday Resistance at $44.05, Good to Sell on Rallies Major Intraday resistance- $44.05 (55 H EMA) Major intraday support - $43 US Crude has recovered slightly after making a low of $43.01 in Asian session .It is currently trading around $43.38...
Gold Upside Seems Capped Near $1270 Gold seems to consolidate below $1270 level after registering a steep fall on Monday and is currently trading near 2-week low...
US Dollar Keeps Highs Near 94.30 The greenback, tracked by the US Dollar Index, is extending its upside momentum today and is now hovering over highs around 94.30...
GBP/USD Holds Onto Daily Gains GBP/USD is trading firmer on Tuesday, supported by positive sentiment across financial markets and better-than-expected UK trade readings. GBP/USD climbed to a daily peak of 1.4465 but found resistance and retreated. However, the pullback was contained by the 1...