Roberto Jacobs / Blog
EUR/GBP Unmotivated Below 0.7900 EUR/GBP is looking to digest yesterday’s drop, currently navigating the 0.7890/80 band ahead of the opening bell in Euroland. EUR/GBP focus on NFP The cross continues to trade below the 0.7900 handle, trimming part of the weekly advance to tops near 0...
GBP/USD Rejected Near 1.4500, Recedes to 1.4475 Having bottomed near 1.4470 region in the last US session, the GBP/USD pair takes on the recovery towards 1.45 handle, only to face rejection just below the last and now trades back in the red zone. GBP/USD capped below 1...
USD/JPY Crosses V EUR, GBP, AUD, NZD, CHF, CAD, MXN The commonality in USD/JPY V its cross pairs among the majors and MXN is all correlate solidly to USD/JPY at upper 95% except CAD/JPY at 71% and 84% V AUD/JPY. Yet 84% is solid enough and as good to highlight it belongs to USD/JPY...
Emerging Markets: It’s a Break in, Not a Reversal of Bull Momentum - TDS Cristian Maggio, Head of Emerging Markets Strategy at TD Securities, suggests that since the start of the week, EM currencies have felt some negative pressure as the dollar gained strength...
FxWirePro: BTC/USD Faces Strong Support at $435, Good to Buy at Dips Major resistance -$457 (61.8% retracement of $469.87 and $435) BTC/USD has recovered after making a low of $438.It is currently trading around $447.44...
FxWirePro: NZD/USD Tests Strong Trendline Support at 0.6848, Focus on US NFP Report Weak demand seen for riskier/ higher yielding assets amid persisting risk-off profile, spurred by falling oil prices as well as global equities...
FxWirePro: ASX200 Recovers After Making a Low of 5194, Good to Buy at Dips Major resistance - 5300 Major Support - 5135 (200 day MA)| ASX200 pares early losses today morning after making a low of 5194. It is currently trading at 5252...
New Zealand Bonds Trade Flat Amid Quiet Trade The New Zealand bonds traded nearly flat on Friday amid subdued trade with investors seeking riskier assets. The yield on the benchmark 10-year bonds which moves inversely to its price stood unchanged at 2...
Japanese Markets Open for the First Time Since Monday, Gold Flat ahead of NFP Job Data All the major Asian indices are trading on a lower note on Friday ahead of US NFP job results. Japanese markets also open lower after long vacation. On the other side, Japanese Yen steady above 107...