Roberto Jacobs / Blog
GBP/USD Bulls are Losing Their Breath The graceful upward trajectory staged by the GBP/USD on the daily chart, finds an offsetting bearish harami, a pattern comparable to an Western inside bar...
NZD/USD Outlook Shifted to Bearish – UOB The perspective for the Kiwi dollar has now shifted to the bearish side from neutral, suggested the research team at UOB Group. Key Quotes “The ease of which the strong support at 0...
FxWirePro: ECB's Negative Rates and Further App Dampen Euro's Growth, OTC Indications to Substantiate - Hedge Euro Euro gained against dollar about 8...
Iron Ore Decline Additional Pressure for Aussie Three factors worked behind Australian Dollar’s 1000 pips gain against Dollar since January...
Saudi Aramco Plans to Expand Production After major reshuffle over the weekend, which saw reassigning Ali-al-Naimi, Saudi Arabia’s two decade long oil minister to the advisor to the court and replaced by chairman of Saudi Aramco, Khalid al-Falih, Saudi Aramco’s chief executive officer said Aramco...
ECB Likely to Cut Rate in June, More Stimulus Likely in September The European Central Bank is expected to adopt further policy easing in June, with more stimulus measures likely in September, after it had cut rates in March this year...
Inflation Trends Remain Weak for UK, Eurozone and US Despite Oil Price Rally The rally in global oil prices that had given some positive news for global inflation trends in early 2016 started again in April, with Brent crude reaching about USD 45 per barrel...
USD/JPY Extends the Upside Beyond 109.00 The Japanese Yen remains on the defensive today, helping USD/JPY to regain fresh 2-week tops beyond 109.00 the figure...
Oil Erase Early Gains but Still Holding Above $43.00 Mark WTI crude oil prices erased its early gains to nearly $44.00/barrel mark to trade absolutely flat from Monday's volatile session closing low of $43.30, ahead of the weekly API inventory data...