Roberto Jacobs / Blog
USD/CAD Likely to Move Toward 1.25 by Year-End - Lloyds Analysts from Lloyds Bank expect the USD/CAD pair to move lower over the next month and to finish 2016 around 1.25. Key Quotes: “USD/CAD has ended the past month little changed, around 1...
UK: Rate Cut Expectations to be a Temporary Phenomenon - TDS According to analysts from TDS, referendum worries started to weigh on the United Kingdom economy. Ahead of the decision of the Bank of England, they expect the rate cut expectation to be a temporary phenomenon...
EUR/USD Holds Near Lows, Searching for Catalysts EUR/USD continues to waver directionless around the 1.1400 level, unable to set fresh short-term direction in the absence of news or events. EUR/USD stretched to a low of 1...
GBP/USD Clings to 1.4400 GBP/USD has entered a consolidation phase over the last hours, having spent most of the day in a range around the 1.44 mark. GBP/USD slid to a fresh 2-week low of 1.4373 during the European session but found support and erased intraday losses...
NZD/USD Drops to 4-Week Lows NZD/USD failed to hold above 0.6800 and extended losses below. The pair bottomed during the American session at 0.6763, the lowest level since April 7. From the lows it bounced modestly to the upside but remained under pressure moving in a small range between 0...
EUR/USD: It Depends on 1.16/1.17 - Lloyds Analysts from Lloyds Bank, warned that a break below 1.1360/1.1320 in EUR/USD would signal a false break of the previous range highs. Key Quotes: “A breakdown through 1.1360/1.1320 will add further evidence that the rally to 1...
USD/JPY Extends Gains Above 108.00 The Japanese yen remains weak across the board despite the price correction of equities in Europa and in Wall Street. USD/JPY rose further and printed a fresh 1-week high at 108.58. The pair remains near daily highs, currently trading at 108...
FxWirePro: Gold Dips Below Lower Range, Bearish Bias Increases Gold prices declined on Monday as dollar strengthened across the board as the greenback held onto gains after mixed non-farm payrolls data last Friday...
EUR/JPY Extends Recovery, Heading Towards 124.00 Level Comments from Japan’s finance minister Taro Aso weakened JPY sharply against its counterparts with the EUR/JPY pair surging to session high of 123.71...