Roberto Jacobs / Blog
WTI Bounces Off Lows, Back Above $44.00 Crude oil prices have reverted the initial negative tone and are now climbing nearly 2% above the $44.00 mark. WTI stronger ahead of API Prices for the barrel of West Texas Intermediate have recovered the $44...
USD/NOK Stages Crushing Decline The 1-hour USD/NOK MACD series is sitting at extreme lows. Recent plummeting USD/NOK price action has been highlighted by an above-average distance between MACD and its signal line...
EUR/USD Turns Intraday Positive EUR/USD has managed to erase intraday losses at the beginning of the New York session, after finding support at the 20-day SMA. EUR/USD hit a fresh 2-week low of 1...
USD/CAD Drops to Session Low as Oil Recovery Gains Momentum The Canadian Dollar gained traction during early NY trading session, dragging the USD/CAD pair to session low of 1.2920, as crude oil prices recovery to move back above $44.00/barrel mark...
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...