Roberto Jacobs / Blog
European Bonds Mixed on Firm Risk Sentiments Amid Brexit Fear The European bonds were trading mixed on Tuesday as investors shifted to safe-haven assets amid gains in riskier assets including stocks and oil. Also, bond prices were supported by the recent polls which showed the outcome of the U...
AUD/USD Pullback Looks Exhausted – UOB In view of analysts at UOB Group, the downside momentum in the Aussie dollar could be running out steam in the near term. Key Quotes “While a move below 0...
EUR/JPY Tops Near 124.40, Pulls-Back Below 124.00 Handle As the Japanese currency, Yen, continues to slide across the board, the EUR/JPY pair extended its bullish momentum to 124.40 before retracing a bit to currently trade tad below 124.00 handle...
Osborne Beats the Bremain Drum - Investec Research Team at Investec, notes that the UK Chancellor George Osborne continued yesterday to run his economic impact campaign, highlighting his perceived risks in the event of a Brexit at next month's EU vote...
EUR/USD Off Lows, Near 1.1380 The shared currency has managed to bounce off session lows vs. the greenback near 1.1370, with EUR/USD now approaching the 1.1380/85 band. EUR/USD weaker on USD bids A bout of fresh USD bids has dragged spot to test fresh daily troughs in the 1...
CAD/JPY Trades Well Above 200 HMA, Targets 86 - Good to Buy Dips Major resistance – 84.25 (200 day HMA) Major intraday resistance – 83.80 CAD/JPY breaks major intraday resistance and jumped till 84.37 at the time of writing. It is currently trading around 84.32...
GBP/JPY Surges Past 157.00 Handle to Nearly Test 158.00 Level Extending its bid tone, the GBP/JPY pair surged past 157.00 handle and rose to 157.92, within striking distance of tapping 158.00 level...
USD/JPY Could Test 109.70 – UOB The research team at UOB Group sees USD/JPY could reach the 109.70 area in the next 1-3 weeks. Key Quotes “The unexpected break above 108.00 is a good indication that the current rebound has scope to extend higher to 109.70”. “Support is at 107...
AUD/USD Now Looks to 0.7262 – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerbank, the Aussie dollar could slip to the 0.7260 area. Key Quotes “AUD/USD remains under pressure and attention has reverted to the 200 day ma at...