Roberto Jacobs / Blog
EUR/GBP Back to Test 0.7850 Ahead of Draghi? Fresh bids in the cable coupled with a retreat in the EUR/USD pair, dragged the EUR/GBP cross from 0.7870 region to revisit daily lows struck at 0.7851 in early Asia. EUR/GBP hovers around 5-DMA Currently, the EUR/GBP pair trades almost unchanged at 0...
USD/CHF Suppressed Below 0.9600 at Fresh 5-Week Low The US Dollar continues to face selling pressure while the Swiss Franc is supported by safe-have flows on uncertainty surrounding the UK-EU referendum, with the USD/CHF pair now trading below 0.9600 handle...
Commodities Stronger Across the Board Led by Oil – ANZ Research Team at ANZ, notes that oil closed yesterday stronger after EIA data showed inventories in the US fell 3.23 million barrels to 532.5 million barrels. Key Quotes “This was tempered by an increase in crude production of 10kb/d to 8...
FxWirePro: AUD/USD Unable to Hold Above 0.75 Handle, Breaks Support at 0.7472, Good to Sell Rallies AUD/USD rejected at session highs by 0.7504, edges lower after poor Chinese CPI and PPI numbers dents Aussie bulls. China CPI data for May came in at +2.0% y/y versus +2.2% expected and against +2...
FxWirePro: USD/INR Opens Higher at 66.53, Intraday Bias Remains Bullish USD/INR is currently trading around 66.63. It made intraday high at 66.63 and low at 66.53 marks. Intraday bias remains bullish till the time pair holds key support at 66.48 marks. A sustained break below 66...
Nikkei down Over 1 Pct While China Close on the Dragon Boat Festival, Gold steady Above $1260 Major Asian indices are trading on a lower note on Thursday. Today BOK unexpectedly cuts the interest rate by 25bp to 1.25 % vs 1...
Guide to Today's Important Data and Events Lots of economic dockets scheduled for today and all with low to medium volatility risks associated. Data released so far – China – CPI declined -0.5% in May, up 2% from a year back. PPI is down -2.8% from a year ago. Upcoming –...
Tumble in EUR/SEK Volatility EUR/SEK ATR(14) is at minimums across several time frames, from 30min to daily charts. Volatility shrunk to levels not seen in several weeks of trading independently from trend direction...