Roberto Jacobs / Blog
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...
USD/JPY Storms its Way Through 109 and Beyond The bullish pressure behind the USD/JPY pair accentuated over the last hour after the risk-on rally in the European stocks intensified, now pushing the major further to hit post-BOJ highs above 109 handle...
USD/CHF Pierces Through 50-DMA, Now Eyeing 0.9800 Level After dipping below 0.9700 handle, the USD/CHF is staging a sharp recovery to currently trade at the high point of the day near 0.9740...
EUR/CHF Gains Traction, Eyes 1.11 The shared currency is now picking up further pace vs. the Swiss franc, lifting EUR/CHF to test highs near 1.1100 the figure. EUR/CHF supported around 1...
EUR/USD Fades the Spike to 1.1400 The shared currency is now eroding the recent advance to session tops near 1.1400 the figure vs. the dollar, with EUR/USD now returning to the 1.1385/80 band. EUR/USD looking for catalysts The pair is extending its sideline theme around the 1...
EUR/NOK Sidelined Post-CPI The Norwegian krone is gathering pace today, taking EUR/NOK to the area of 9.34, or daily lows. EUR/NOK lower on CPI The cross has eroded yesterday’s gains after inflation figures in the Nordic economy showed consumer prices tracked by the CPI rose 0...
German Bunds Flat on Mixed Economic Data The German bunds were trading nearly flat on Tuesday as mixed economic data did nothing to assuage concerns about economic growth, keeping 10-year sovereign bonds well below 0.15 pct marks for the first time in three weeks...